Fubotv Inc Stock Chance of Future Stock Price Finishing Over 5.87
| FUBO Stock | USD 1.53 0.09 6.25% |
Fubotv |
Fubotv Target Price Odds to finish over 5.87
The tendency of Fubotv 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 $ 5.87 or more in 90 days |
| 1.53 | 90 days | 5.87 | close to zero percent |
Based on a normal probability distribution, the odds of Fubotv to move over $ 5.87 or more in 90 days from now is close to zero percent (This Fubotv Inc probability density function shows the probability of Fubotv Stock to fall within a particular range of prices over 90 days) . Probability of Fubotv Inc price to stay between its current price of $ 1.53 and $ 5.87 at the end of the 90-day period is about 65.97 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.08 . This usually indicates Fubotv Inc market returns are highly reactive to returns on the market. As the market goes up or down, Fubotv is expected to follow. Additionally Fubotv Inc 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. Fubotv Price Density |
| Price |
Predictive Modules for Fubotv
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fubotv Inc. 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.Fubotv Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fubotv is not an exception. The market had few large corrections towards the Fubotv'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 Fubotv Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fubotv within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.11 |
Fubotv 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 Fubotv for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fubotv Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fubotv Inc generated a negative expected return over the last 90 days | |
| Fubotv Inc may become a speculative penny stock | |
| Fubotv Inc has high historical volatility and very poor performance | |
| Fubotv Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.37 B. Net Loss for the year was (293.1 M) with loss before overhead, payroll, taxes, and interest of (41.1 M). | |
| Fubotv Inc currently holds about 372.67 M in cash with (177.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: Vanguard Group Incs Strategic Acquisition of FuboTV Inc Shares |
Fubotv 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 Fubotv Stock often depends not only on the future outlook of the current and potential Fubotv'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. Fubotv's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 276.3 M | |
| Cash And Short Term Investments | 245.3 M |
Fubotv Technical Analysis
Fubotv's future price can be derived by breaking down and analyzing its technical indicators over time. Fubotv Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fubotv Inc. In general, you should focus on analyzing Fubotv Stock price patterns and their correlations with different microeconomic environments and drivers.
Fubotv Predictive Forecast Models
Fubotv's time-series forecasting models is one of many Fubotv'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 Fubotv'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 Fubotv Inc
Checking the ongoing alerts about Fubotv for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fubotv Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fubotv Inc generated a negative expected return over the last 90 days | |
| Fubotv Inc may become a speculative penny stock | |
| Fubotv Inc has high historical volatility and very poor performance | |
| Fubotv Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.37 B. Net Loss for the year was (293.1 M) with loss before overhead, payroll, taxes, and interest of (41.1 M). | |
| Fubotv Inc currently holds about 372.67 M in cash with (177.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: Vanguard Group Incs Strategic Acquisition of FuboTV Inc Shares |
Check out Fubotv Backtesting, Fubotv Valuation, Fubotv Correlation, Fubotv Hype Analysis, Fubotv Volatility, Fubotv History as well as Fubotv Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Systems Software 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 Fubotv. If investors know Fubotv 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 Fubotv listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.68) | Revenue Per Share 5.139 | Quarterly Revenue Growth 0.203 | Return On Assets (0.12) | Return On Equity (0.75) |
The market value of Fubotv Inc is measured differently than its book value, which is the value of Fubotv that is recorded on the company's balance sheet. Investors also form their own opinion of Fubotv's value that differs from its market value or its book value, called intrinsic value, which is Fubotv'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 Fubotv's market value can be influenced by many factors that don't directly affect Fubotv'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 Fubotv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fubotv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fubotv'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.