Forward Water Technologies Stock Probability of Future Stock Price Finishing Under 0.0753
| FWTC Stock | 0.11 0.01 15.79% |
Forward |
Forward Water Target Price Odds to finish below 0.0753
The tendency of Forward 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 0.08 or more in 90 days |
| 0.11 | 90 days | 0.08 | about 8.87 |
Based on a normal probability distribution, the odds of Forward Water to drop to 0.08 or more in 90 days from now is about 8.87 (This Forward Water Technologies probability density function shows the probability of Forward Stock to fall within a particular range of prices over 90 days) . Probability of Forward Water Techno price to stay between 0.08 and its current price of 0.11 at the end of the 90-day period is about 81.79 .
Assuming the 90 days trading horizon Forward Water Technologies has a beta of -0.3. This usually indicates as returns on the benchmark increase, returns on holding Forward Water are expected to decrease at a much lower rate. During a bear market, however, Forward Water Technologies is likely to outperform the market. Additionally Forward Water Technologies has an alpha of 0.2717, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Forward Water Price Density |
| Price |
Predictive Modules for Forward Water
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forward Water Techno. 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 Forward Water'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.
Forward Water Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forward Water is not an exception. The market had few large corrections towards the Forward Water'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 Forward Water Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forward Water within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Forward Water 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 Forward Water for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forward Water Techno can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Forward Water Techno is way too risky over 90 days horizon | |
| Forward Water Techno has some characteristics of a very speculative penny stock | |
| Forward Water Techno appears to be risky and price may revert if volatility continues | |
| Forward Water Techno has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 71.06 K. Net Loss for the year was (2.2 M) with profit before overhead, payroll, taxes, and interest of 281.01 K. | |
| Forward Water generates negative cash flow from operations | |
| About 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Forward Water Technologies Completes Major Business Deal - TipRanks |
Forward Water 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 Forward Stock often depends not only on the future outlook of the current and potential Forward Water'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. Forward Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.5 M |
Forward Water Technical Analysis
Forward Water's future price can be derived by breaking down and analyzing its technical indicators over time. Forward Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forward Water Technologies. In general, you should focus on analyzing Forward Stock price patterns and their correlations with different microeconomic environments and drivers.
Forward Water Predictive Forecast Models
Forward Water's time-series forecasting models is one of many Forward Water'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 Forward Water'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 Forward Water Techno
Checking the ongoing alerts about Forward Water for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forward Water Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forward Water Techno is way too risky over 90 days horizon | |
| Forward Water Techno has some characteristics of a very speculative penny stock | |
| Forward Water Techno appears to be risky and price may revert if volatility continues | |
| Forward Water Techno has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 71.06 K. Net Loss for the year was (2.2 M) with profit before overhead, payroll, taxes, and interest of 281.01 K. | |
| Forward Water generates negative cash flow from operations | |
| About 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Forward Water Technologies Completes Major Business Deal - TipRanks |
Additional Tools for Forward Stock Analysis
When running Forward Water's price analysis, check to measure Forward Water'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 Forward Water is operating at the current time. Most of Forward Water's value examination focuses on studying past and present price action to predict the probability of Forward Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Water's price. Additionally, you may evaluate how the addition of Forward Water to your portfolios can decrease your overall portfolio volatility.