Fansunite Entertainment Stock Probability of Future Pink Sheet Price Finishing Over 0.049
| FUNFF Stock | USD 0.0006 0.0001 20.00% |
FansUnite |
FansUnite Entertainment Target Price Odds to finish over 0.049
The tendency of FansUnite Pink Sheet 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 $ 0.05 or more in 90 days |
| 0.0006 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of FansUnite Entertainment to move over $ 0.05 or more in 90 days from now is near 1 (This FansUnite Entertainment probability density function shows the probability of FansUnite Pink Sheet to fall within a particular range of prices over 90 days) . Probability of FansUnite Entertainment price to stay between its current price of $ 0.0006 and $ 0.05 at the end of the 90-day period is about 57.62 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 26.44 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FansUnite Entertainment will likely underperform. In addition to that FansUnite Entertainment has an alpha of 45.4942, implying that it can generate a 45.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FansUnite Entertainment Price Density |
| Price |
Predictive Modules for FansUnite Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FansUnite Entertainment. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.FansUnite Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FansUnite Entertainment is not an exception. The market had few large corrections towards the FansUnite Entertainment'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 FansUnite Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FansUnite Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 45.49 | |
β | Beta against Dow Jones | 26.44 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.18 |
FansUnite Entertainment 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 FansUnite Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FansUnite Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FansUnite Entertainment is way too risky over 90 days horizon | |
| FansUnite Entertainment has some characteristics of a very speculative penny stock | |
| FansUnite Entertainment appears to be risky and price may revert if volatility continues | |
| FansUnite Entertainment has accumulated 429 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. FansUnite Entertainment has a current ratio of 0.53, 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 FansUnite Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, FansUnite Entertainment'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 FansUnite Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FansUnite to invest in growth at high rates of return. When we think about FansUnite Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.6 M. Net Loss for the year was (17.05 M) with profit before overhead, payroll, taxes, and interest of 535.51 K. | |
| FansUnite Entertainment has accumulated about 5.6 M in cash with (8.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
FansUnite Entertainment 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 FansUnite Pink Sheet often depends not only on the future outlook of the current and potential FansUnite Entertainment'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. FansUnite Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 282.8 M |
FansUnite Entertainment Technical Analysis
FansUnite Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. FansUnite Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FansUnite Entertainment. In general, you should focus on analyzing FansUnite Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
FansUnite Entertainment Predictive Forecast Models
FansUnite Entertainment's time-series forecasting models is one of many FansUnite Entertainment's pink sheet 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 FansUnite Entertainment'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 pink sheet market movement and maximize returns from investment trading.
Things to note about FansUnite Entertainment
Checking the ongoing alerts about FansUnite Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FansUnite Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FansUnite Entertainment is way too risky over 90 days horizon | |
| FansUnite Entertainment has some characteristics of a very speculative penny stock | |
| FansUnite Entertainment appears to be risky and price may revert if volatility continues | |
| FansUnite Entertainment has accumulated 429 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. FansUnite Entertainment has a current ratio of 0.53, 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 FansUnite Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, FansUnite Entertainment'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 FansUnite Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FansUnite to invest in growth at high rates of return. When we think about FansUnite Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.6 M. Net Loss for the year was (17.05 M) with profit before overhead, payroll, taxes, and interest of 535.51 K. | |
| FansUnite Entertainment has accumulated about 5.6 M in cash with (8.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in FansUnite Pink Sheet
FansUnite Entertainment financial ratios help investors to determine whether FansUnite Pink Sheet 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 FansUnite with respect to the benefits of owning FansUnite Entertainment security.