Highcon Systems (Israel) Probability of Future Stock Price Finishing Under 92.8
| HICN Stock | ILA 95.90 2.00 2.13% |
Highcon |
Highcon Systems Target Price Odds to finish below 92.8
The tendency of Highcon 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 92.80 or more in 90 days |
| 95.90 | 90 days | 92.80 | about 30.33 |
Based on a normal probability distribution, the odds of Highcon Systems to drop to 92.80 or more in 90 days from now is about 30.33 (This Highcon Systems probability density function shows the probability of Highcon Stock to fall within a particular range of prices over 90 days) . Probability of Highcon Systems price to stay between 92.80 and its current price of 95.9 at the end of the 90-day period is about 9.67 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.48 . 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, Highcon Systems will likely underperform. Additionally Highcon Systems 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. Highcon Systems Price Density |
| Price |
Predictive Modules for Highcon Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highcon Systems. 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.Highcon Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Highcon Systems is not an exception. The market had few large corrections towards the Highcon Systems' 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 Highcon Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highcon Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 1.48 | |
σ | Overall volatility | 11.86 | |
Ir | Information ratio | -0.04 |
Highcon Systems 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 Highcon Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Highcon Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Highcon Systems had very high historical volatility over the last 90 days | |
| The company reported the revenue of 17.14 M. Net Loss for the year was (24.21 M) with profit before overhead, payroll, taxes, and interest of 1.44 M. | |
| Highcon Systems has accumulated about 23.56 M in cash with (18.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 27.0% of the company shares are held by company insiders |
Highcon Systems Technical Analysis
Highcon Systems' future price can be derived by breaking down and analyzing its technical indicators over time. Highcon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Highcon Systems. In general, you should focus on analyzing Highcon Stock price patterns and their correlations with different microeconomic environments and drivers.
Highcon Systems Predictive Forecast Models
Highcon Systems' time-series forecasting models is one of many Highcon Systems' 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 Highcon Systems' 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 Highcon Systems
Checking the ongoing alerts about Highcon Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Highcon Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Highcon Systems had very high historical volatility over the last 90 days | |
| The company reported the revenue of 17.14 M. Net Loss for the year was (24.21 M) with profit before overhead, payroll, taxes, and interest of 1.44 M. | |
| Highcon Systems has accumulated about 23.56 M in cash with (18.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 27.0% of the company shares are held by company insiders |
Other Information on Investing in Highcon Stock
Highcon Systems financial ratios help investors to determine whether Highcon 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 Highcon with respect to the benefits of owning Highcon Systems security.