Fintech Select Stock Probability of Future Stock Price Finishing Over 0.04
| FTEC Stock | CAD 0.04 0.01 33.33% |
Fintech |
Fintech Select Target Price Odds to finish over 0.04
The tendency of Fintech 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 |
| 0.04 | 90 days | 0.04 | under 4 |
Based on a normal probability distribution, the odds of Fintech Select to move above the current price in 90 days from now is under 4 (This Fintech Select probability density function shows the probability of Fintech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fintech Select has a beta of 0.41. This usually indicates as returns on the market go up, Fintech Select average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fintech Select will be expected to be much smaller as well. In addition to that Fintech Select has an alpha of 2.3482, implying that it can generate a 2.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fintech Select Price Density |
| Price |
Predictive Modules for Fintech Select
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fintech Select. 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 Fintech Select'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.
Fintech Select Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fintech Select is not an exception. The market had few large corrections towards the Fintech Select'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 Fintech Select, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fintech Select within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.35 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.11 |
Fintech Select 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 Fintech Select for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fintech Select can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fintech Select is way too risky over 90 days horizon | |
| Fintech Select has some characteristics of a very speculative penny stock | |
| Fintech Select appears to be risky and price may revert if volatility continues | |
| Fintech Select has high likelihood to experience some financial distress in the next 2 years | |
| Fintech Select has accumulated 89.16 K in total debt. Fintech Select has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Fintech Select until it has trouble settling it off, either with new capital or with free cash flow. So, Fintech Select's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fintech Select sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fintech to invest in growth at high rates of return. When we think about Fintech Select's use of debt, we should always consider it together with cash and equity. | |
| About 16.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Fintech company Nuvei completes plan to go private - The Globe and Mail |
Fintech Select 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 Fintech Stock often depends not only on the future outlook of the current and potential Fintech Select'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. Fintech Select's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80 M | |
| Cash And Short Term Investments | 294.7 K |
Fintech Select Technical Analysis
Fintech Select's future price can be derived by breaking down and analyzing its technical indicators over time. Fintech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fintech Select. In general, you should focus on analyzing Fintech Stock price patterns and their correlations with different microeconomic environments and drivers.
Fintech Select Predictive Forecast Models
Fintech Select's time-series forecasting models is one of many Fintech Select'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 Fintech Select'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 Fintech Select
Checking the ongoing alerts about Fintech Select for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fintech Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fintech Select is way too risky over 90 days horizon | |
| Fintech Select has some characteristics of a very speculative penny stock | |
| Fintech Select appears to be risky and price may revert if volatility continues | |
| Fintech Select has high likelihood to experience some financial distress in the next 2 years | |
| Fintech Select has accumulated 89.16 K in total debt. Fintech Select has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Fintech Select until it has trouble settling it off, either with new capital or with free cash flow. So, Fintech Select's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fintech Select sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fintech to invest in growth at high rates of return. When we think about Fintech Select's use of debt, we should always consider it together with cash and equity. | |
| About 16.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Fintech company Nuvei completes plan to go private - The Globe and Mail |
Additional Tools for Fintech Stock Analysis
When running Fintech Select's price analysis, check to measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.