Farm Pride (Australia) Probability of Future Stock Price Finishing Over 14.90
| FRM Stock | 0.12 0.01 7.69% |
Farm |
Farm Pride Target Price Odds to finish over 14.90
The tendency of Farm 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 over 14.90 or more in 90 days |
| 0.12 | 90 days | 14.90 | close to zero percent |
Based on a normal probability distribution, the odds of Farm Pride to move over 14.90 or more in 90 days from now is close to zero percent (This Farm Pride Foods probability density function shows the probability of Farm Stock to fall within a particular range of prices over 90 days) . Probability of Farm Pride Foods price to stay between its current price of 0.12 and 14.90 at the end of the 90-day period is about 50.0 .
Assuming the 90 days trading horizon Farm Pride has a beta of 0.52. This usually indicates as returns on the market go up, Farm Pride average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Farm Pride Foods will be expected to be much smaller as well. Additionally Farm Pride Foods 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. Farm Pride Price Density |
| Price |
Predictive Modules for Farm Pride
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Farm Pride Foods. 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.Farm Pride Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Farm Pride is not an exception. The market had few large corrections towards the Farm Pride'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 Farm Pride Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Farm Pride within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.02 |
Farm Pride 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 Farm Pride for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Farm Pride Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Farm Pride Foods has some characteristics of a very speculative penny stock | |
| Farm Pride Foods had very high historical volatility over the last 90 days | |
| Farm Pride Foods has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 97.07 M. Net Loss for the year was (2.35 M) with profit before overhead, payroll, taxes, and interest of 22.61 M. | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Farm Pride Foods Announces AGM Results and Auditor Appointment - TipRanks |
Farm Pride 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 Farm Stock often depends not only on the future outlook of the current and potential Farm Pride'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. Farm Pride's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 143.9 M | |
| Cash And Short Term Investments | 1.7 M |
Farm Pride Technical Analysis
Farm Pride's future price can be derived by breaking down and analyzing its technical indicators over time. Farm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Farm Pride Foods. In general, you should focus on analyzing Farm Stock price patterns and their correlations with different microeconomic environments and drivers.
Farm Pride Predictive Forecast Models
Farm Pride's time-series forecasting models is one of many Farm Pride'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 Farm Pride'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 Farm Pride Foods
Checking the ongoing alerts about Farm Pride for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Farm Pride Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Farm Pride Foods has some characteristics of a very speculative penny stock | |
| Farm Pride Foods had very high historical volatility over the last 90 days | |
| Farm Pride Foods has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 97.07 M. Net Loss for the year was (2.35 M) with profit before overhead, payroll, taxes, and interest of 22.61 M. | |
| About 83.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Farm Pride Foods Announces AGM Results and Auditor Appointment - TipRanks |
Additional Tools for Farm Stock Analysis
When running Farm Pride's price analysis, check to measure Farm Pride's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Farm Pride is operating at the current time. Most of Farm Pride's value examination focuses on studying past and present price action to predict the probability of Farm Pride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farm Pride's price. Additionally, you may evaluate how the addition of Farm Pride to your portfolios can decrease your overall portfolio volatility.