Futura Medical (UK) Probability of Future Stock Price Finishing Under 25.32
| FUM Stock | 32.95 0.22 0.66% |
Futura |
Futura Medical Target Price Odds to finish below 25.32
The tendency of Futura 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 drop to 25.32 or more in 90 days |
| 32.95 | 90 days | 25.32 | near 1 |
Based on a normal probability distribution, the odds of Futura Medical to drop to 25.32 or more in 90 days from now is near 1 (This Futura Medical probability density function shows the probability of Futura Stock to fall within a particular range of prices over 90 days) . Probability of Futura Medical price to stay between 25.32 and its current price of 32.95 at the end of the 90-day period is about 12.35 .
Assuming the 90 days trading horizon Futura Medical has a beta of -0.0044. This usually indicates as returns on the benchmark increase, returns on holding Futura Medical are expected to decrease at a much lower rate. During a bear market, however, Futura Medical is likely to outperform the market. Additionally Futura Medical 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. Futura Medical Price Density |
| Price |
Predictive Modules for Futura Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Futura Medical. 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.Futura Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Futura Medical is not an exception. The market had few large corrections towards the Futura Medical'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 Futura Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Futura Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.0044 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | -0.03 |
Futura Medical 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 Futura Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Futura Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Futura Medical had very high historical volatility over the last 90 days | |
| Futura Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.1 M. Net Loss for the year was (6.89 M) with profit before overhead, payroll, taxes, and interest of 31.78 K. | |
| About 32.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Futura Medical Share Price Crosses Below 200-Day Moving Average - Time to Sell - MarketBeat |
Futura Medical 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 Futura Stock often depends not only on the future outlook of the current and potential Futura Medical'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. Futura Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 301.4 M | |
| Cash And Short Term Investments | 7.7 M |
Futura Medical Technical Analysis
Futura Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Futura Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Futura Medical. In general, you should focus on analyzing Futura Stock price patterns and their correlations with different microeconomic environments and drivers.
Futura Medical Predictive Forecast Models
Futura Medical's time-series forecasting models is one of many Futura Medical'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 Futura Medical'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 Futura Medical
Checking the ongoing alerts about Futura Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Futura Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Futura Medical had very high historical volatility over the last 90 days | |
| Futura Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.1 M. Net Loss for the year was (6.89 M) with profit before overhead, payroll, taxes, and interest of 31.78 K. | |
| About 32.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Futura Medical Share Price Crosses Below 200-Day Moving Average - Time to Sell - MarketBeat |
Other Information on Investing in Futura Stock
Futura Medical financial ratios help investors to determine whether Futura 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 Futura with respect to the benefits of owning Futura Medical security.