Foresight Autonomous (Israel) Probability of Future Stock Price Finishing Under 8.68
| FRSX Stock | ILA 8.60 0.10 1.18% |
Foresight |
Foresight Autonomous Target Price Odds to finish below 8.68
The tendency of Foresight 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 8.68 after 90 days |
| 8.60 | 90 days | 8.68 | about 19.51 |
Based on a normal probability distribution, the odds of Foresight Autonomous to stay under 8.68 after 90 days from now is about 19.51 (This Foresight Autonomous Holdings probability density function shows the probability of Foresight Stock to fall within a particular range of prices over 90 days) . Probability of Foresight Autonomous price to stay between its current price of 8.60 and 8.68 at the end of the 90-day period is about 1.93 .
Assuming the 90 days trading horizon Foresight Autonomous Holdings has a beta of -0.19. This usually indicates as returns on the benchmark increase, returns on holding Foresight Autonomous are expected to decrease at a much lower rate. During a bear market, however, Foresight Autonomous Holdings is likely to outperform the market. Additionally Foresight Autonomous Holdings 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. Foresight Autonomous Price Density |
| Price |
Predictive Modules for Foresight Autonomous
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foresight Autonomous. 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.Foresight Autonomous Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Foresight Autonomous is not an exception. The market had few large corrections towards the Foresight Autonomous' 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 Foresight Autonomous Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Foresight Autonomous within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 1.11 | |
Ir | Information ratio | -0.37 |
Foresight Autonomous 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 Foresight Autonomous for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Foresight Autonomous can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Foresight Autonomous generated a negative expected return over the last 90 days | |
| The company reported the revenue of 120 K. Net Loss for the year was (15.04 M) with profit before overhead, payroll, taxes, and interest of 53 K. | |
| Foresight Autonomous Holdings has accumulated about 56.5 M in cash with (12.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. |
Foresight Autonomous 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 Foresight Stock often depends not only on the future outlook of the current and potential Foresight Autonomous' 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. Foresight Autonomous' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 322.7 M |
Foresight Autonomous Technical Analysis
Foresight Autonomous' future price can be derived by breaking down and analyzing its technical indicators over time. Foresight Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Foresight Autonomous Holdings. In general, you should focus on analyzing Foresight Stock price patterns and their correlations with different microeconomic environments and drivers.
Foresight Autonomous Predictive Forecast Models
Foresight Autonomous' time-series forecasting models is one of many Foresight Autonomous' 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 Foresight Autonomous' 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 Foresight Autonomous
Checking the ongoing alerts about Foresight Autonomous for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Foresight Autonomous help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Foresight Autonomous generated a negative expected return over the last 90 days | |
| The company reported the revenue of 120 K. Net Loss for the year was (15.04 M) with profit before overhead, payroll, taxes, and interest of 53 K. | |
| Foresight Autonomous Holdings has accumulated about 56.5 M in cash with (12.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. |
Additional Information and Resources on Investing in Foresight Stock
When determining whether Foresight Autonomous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Foresight Autonomous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Foresight Autonomous Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Foresight Autonomous Holdings Stock:Check out Foresight Autonomous Backtesting, Foresight Autonomous Valuation, Foresight Autonomous Correlation, Foresight Autonomous Hype Analysis, Foresight Autonomous Volatility, Foresight Autonomous History as well as Foresight Autonomous Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.