World Technology Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.34
| HLOC Stock | USD 0.34 0.00 0.00% |
World |
World Technology Target Price Odds to finish below 0.34
The tendency of World 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 below current price in 90 days |
| 0.34 | 90 days | 0.34 | about 73.71 |
Based on a normal probability distribution, the odds of World Technology to move below current price in 90 days from now is about 73.71 (This World Technology Corp probability density function shows the probability of World Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days World Technology Corp has a beta of -2.03. This usually indicates as returns on its benchmark rise, returns on holding World Technology Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, World Technology is expected to outperform its benchmark. Additionally World Technology Corp has an alpha of 0.192, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). World Technology Price Density |
| Price |
Predictive Modules for World Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as World Technology Corp. 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.World Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. World Technology is not an exception. The market had few large corrections towards the World Technology'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 World Technology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of World Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -2.03 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.0088 |
World Technology 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 World Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for World Technology Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| World Technology generated a negative expected return over the last 90 days | |
| World Technology has high historical volatility and very poor performance | |
| World Technology has some characteristics of a very speculative penny stock | |
| World Technology Corp currently holds 943.39 K in liabilities. World Technology Corp has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist World Technology until it has trouble settling it off, either with new capital or with free cash flow. So, World Technology'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 World Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for World to invest in growth at high rates of return. When we think about World Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 5.03 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 2.27 M. | |
| World Technology Corp currently holds about 302.77 K in cash with (881.43 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
World Technology 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 World Pink Sheet often depends not only on the future outlook of the current and potential World Technology'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. World Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.7 M |
World Technology Technical Analysis
World Technology's future price can be derived by breaking down and analyzing its technical indicators over time. World Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of World Technology Corp. In general, you should focus on analyzing World Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
World Technology Predictive Forecast Models
World Technology's time-series forecasting models is one of many World Technology'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 World Technology'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 World Technology Corp
Checking the ongoing alerts about World Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for World Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| World Technology generated a negative expected return over the last 90 days | |
| World Technology has high historical volatility and very poor performance | |
| World Technology has some characteristics of a very speculative penny stock | |
| World Technology Corp currently holds 943.39 K in liabilities. World Technology Corp has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist World Technology until it has trouble settling it off, either with new capital or with free cash flow. So, World Technology'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 World Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for World to invest in growth at high rates of return. When we think about World Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 5.03 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 2.27 M. | |
| World Technology Corp currently holds about 302.77 K in cash with (881.43 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Other Information on Investing in World Pink Sheet
World Technology financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Technology security.