Fly E Group, Common Stock Chance of Future Stock Price Finishing Over 0.43
| FLYE Stock | USD 0.43 0.01 2.27% |
Fly |
Fly E Target Price Odds to finish over 0.43
The tendency of Fly Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.43 | 90 days | 0.43 | close to 99 |
Based on a normal probability distribution, the odds of Fly E to move above the current price in 90 days from now is close to 99 (This Fly E Group, Common probability density function shows the probability of Fly Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Fly E Group, Common has a beta of -0.28. This usually indicates as returns on the benchmark increase, returns on holding Fly E are expected to decrease at a much lower rate. During a bear market, however, Fly E Group, Common is likely to outperform the market. Additionally Fly E Group, Common has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Fly E Price Density |
| Price |
Predictive Modules for Fly E
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fly E Group,. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fly E's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fly E Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fly E is not an exception. The market had few large corrections towards the Fly E's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fly E Group, Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fly E within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.13 |
Fly E Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fly E for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fly E Group, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fly E Group, generated a negative expected return over the last 90 days | |
| Fly E Group, has high historical volatility and very poor performance | |
| Fly E Group, has some characteristics of a very speculative penny stock | |
| Fly E Group, has high likelihood to experience some financial distress in the next 2 years | |
| About 68.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Fly-E Group GAAP EPS of -0.05, revenue of 6.8M |
Fly E Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Fly Stock often depends not only on the future outlook of the current and potential Fly E's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fly E's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.2 M | |
| Cash And Short Term Investments | 1.4 M |
Fly E Technical Analysis
Fly E's future price can be derived by breaking down and analyzing its technical indicators over time. Fly Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fly E Group, Common. In general, you should focus on analyzing Fly Stock price patterns and their correlations with different microeconomic environments and drivers.
Fly E Predictive Forecast Models
Fly E's time-series forecasting models is one of many Fly E's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Fly E's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Fly E Group,
Checking the ongoing alerts about Fly E for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fly E Group, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fly E Group, generated a negative expected return over the last 90 days | |
| Fly E Group, has high historical volatility and very poor performance | |
| Fly E Group, has some characteristics of a very speculative penny stock | |
| Fly E Group, has high likelihood to experience some financial distress in the next 2 years | |
| About 68.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Fly-E Group GAAP EPS of -0.05, revenue of 6.8M |
Check out Fly E Backtesting, Fly E Valuation, Fly E Correlation, Fly E Hype Analysis, Fly E Volatility, Fly E History as well as Fly E Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fly E. If investors know Fly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fly E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 18.624 | Earnings Share (0.02) | Revenue Per Share 1.455 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0551 |
The market value of Fly E Group, is measured differently than its book value, which is the value of Fly that is recorded on the company's balance sheet. Investors also form their own opinion of Fly E's value that differs from its market value or its book value, called intrinsic value, which is Fly E's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fly E's market value can be influenced by many factors that don't directly affect Fly E's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fly E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fly E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fly E's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.