Hims Hers Health Stock Probability of Future Stock Price Finishing Under 0.11
| HIMS Stock | USD 30.19 0.68 2.20% |
Closest to current price Hims long CALL Option Payoff at Expiration
Hims |
Hims Hers Target Price Odds to finish below 0.11
The tendency of Hims 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 $ 0.11 or more in 90 days |
| 30.19 | 90 days | 0.11 | near 1 |
Based on a normal probability distribution, the odds of Hims Hers to drop to $ 0.11 or more in 90 days from now is near 1 (This Hims Hers Health probability density function shows the probability of Hims Stock to fall within a particular range of prices over 90 days) . Probability of Hims Hers Health price to stay between $ 0.11 and its current price of $30.19 at the end of the 90-day period is more than 93.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 4.06 . 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, Hims Hers will likely underperform. Additionally Hims Hers Health has an alpha of 0.9984, implying that it can generate a 1.0 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hims Hers Price Density |
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Predictive Modules for Hims Hers
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hims Hers Health. 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.Hims Hers Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hims Hers is not an exception. The market had few large corrections towards the Hims Hers' 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 Hims Hers Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hims Hers within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.00 | |
β | Beta against Dow Jones | 4.06 | |
σ | Overall volatility | 5.38 | |
Ir | Information ratio | 0.18 |
Hims Hers 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 Hims Hers for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hims Hers Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hims Hers Health is way too risky over 90 days horizon | |
| Hims Hers Health appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 872 M. Net Loss for the year was (23.55 M) with profit before overhead, payroll, taxes, and interest of 408.72 M. | |
| About 66.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: 3 US Stocks Estimated To Be Trading At Discounts Of Over 16.7 |
Hims Hers 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 Hims Stock often depends not only on the future outlook of the current and potential Hims Hers' 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. Hims Hers' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 209.3 M | |
| Cash And Short Term Investments | 221 M |
Hims Hers Technical Analysis
Hims Hers' future price can be derived by breaking down and analyzing its technical indicators over time. Hims Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hims Hers Health. In general, you should focus on analyzing Hims Stock price patterns and their correlations with different microeconomic environments and drivers.
Hims Hers Predictive Forecast Models
Hims Hers' time-series forecasting models is one of many Hims Hers' 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 Hims Hers' 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 Hims Hers Health
Checking the ongoing alerts about Hims Hers for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hims Hers Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hims Hers Health is way too risky over 90 days horizon | |
| Hims Hers Health appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 872 M. Net Loss for the year was (23.55 M) with profit before overhead, payroll, taxes, and interest of 408.72 M. | |
| About 66.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: 3 US Stocks Estimated To Be Trading At Discounts Of Over 16.7 |
Additional Tools for Hims Stock Analysis
When running Hims Hers' price analysis, check to measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.