Fonix Mobile (UK) Probability of Future Stock Price Finishing Under 224.99
| FNX Stock | 212.00 7.00 3.41% |
Fonix |
Fonix Mobile Target Price Odds to finish below 224.99
The tendency of Fonix 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 stay under 224.99 after 90 days |
| 212.00 | 90 days | 224.99 | about 43.06 |
Based on a normal probability distribution, the odds of Fonix Mobile to stay under 224.99 after 90 days from now is about 43.06 (This Fonix Mobile plc probability density function shows the probability of Fonix Stock to fall within a particular range of prices over 90 days) . Probability of Fonix Mobile plc price to stay between its current price of 212.00 and 224.99 at the end of the 90-day period is about 38.86 .
Assuming the 90 days trading horizon Fonix Mobile plc has a beta of -0.28. This usually indicates as returns on the benchmark increase, returns on holding Fonix Mobile are expected to decrease at a much lower rate. During a bear market, however, Fonix Mobile plc is likely to outperform the market. Additionally Fonix Mobile plc 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. Fonix Mobile Price Density |
| Price |
Predictive Modules for Fonix Mobile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fonix Mobile plc. 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.Fonix Mobile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fonix Mobile is not an exception. The market had few large corrections towards the Fonix Mobile'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 Fonix Mobile plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fonix Mobile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 8.50 | |
Ir | Information ratio | -0.08 |
Fonix Mobile 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 Fonix Mobile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fonix Mobile plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fonix Mobile plc generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are held by company insiders | |
| On 29th of November 2024 Fonix Mobile paid 0.057 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Fonix Mobile Expands Share Capital Amid Growth - TipRanks |
Fonix Mobile 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 Fonix Stock often depends not only on the future outlook of the current and potential Fonix Mobile'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. Fonix Mobile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100.5 M | |
| Cash And Short Term Investments | 26.5 M |
Fonix Mobile Technical Analysis
Fonix Mobile's future price can be derived by breaking down and analyzing its technical indicators over time. Fonix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fonix Mobile plc. In general, you should focus on analyzing Fonix Stock price patterns and their correlations with different microeconomic environments and drivers.
Fonix Mobile Predictive Forecast Models
Fonix Mobile's time-series forecasting models is one of many Fonix Mobile'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 Fonix Mobile'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 Fonix Mobile plc
Checking the ongoing alerts about Fonix Mobile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fonix Mobile plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fonix Mobile plc generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are held by company insiders | |
| On 29th of November 2024 Fonix Mobile paid 0.057 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Fonix Mobile Expands Share Capital Amid Growth - TipRanks |
Other Information on Investing in Fonix Stock
Fonix Mobile financial ratios help investors to determine whether Fonix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fonix with respect to the benefits of owning Fonix Mobile security.