Humbl Inc Stock Chance of Future OTC Stock Price Finishing Under 2.5E-4
| HMBL Stock | USD 0.0002 0.0001 33.33% |
Humbl |
Humbl Target Price Odds to finish below 2.5E-4
The tendency of Humbl OTC 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 stay under $ 0.0003 after 90 days |
| 0.0002 | 90 days | 0.0003 | about 48.1 |
Based on a normal probability distribution, the odds of Humbl to stay under $ 0.0003 after 90 days from now is about 48.1 (This Humbl Inc probability density function shows the probability of Humbl OTC Stock to fall within a particular range of prices over 90 days) . Probability of Humbl Inc price to stay between its current price of $ 0.0002 and $ 0.0003 at the end of the 90-day period is about 27.09 .
Given the investment horizon of 90 days Humbl Inc has a beta of -1.27. This usually indicates as returns on its benchmark rise, returns on holding Humbl Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Humbl is expected to outperform its benchmark. In addition to that Humbl Inc has an alpha of 5.1907, implying that it can generate a 5.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Humbl Price Density |
| Price |
Predictive Modules for Humbl
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humbl Inc. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Humbl Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Humbl is not an exception. The market had few large corrections towards the Humbl'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 Humbl Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Humbl within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.19 | |
β | Beta against Dow Jones | -1.27 | |
σ | Overall volatility | 0.000066 | |
Ir | Information ratio | 0.13 |
Humbl 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 Humbl for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Humbl Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Humbl Inc is way too risky over 90 days horizon | |
| Humbl Inc has some characteristics of a very speculative penny stock | |
| Humbl Inc appears to be risky and price may revert if volatility continues | |
| Humbl Inc has high likelihood to experience some financial distress in the next 2 years | |
| Humbl Inc currently holds 2.38 M in liabilities. Humbl Inc has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Humbl until it has trouble settling it off, either with new capital or with free cash flow. So, Humbl'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 Humbl Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Humbl to invest in growth at high rates of return. When we think about Humbl's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.5 M. Net Loss for the year was (49.66 M) with profit before overhead, payroll, taxes, and interest of 1.4 M. | |
| Humbl Inc currently holds about 1.99 M in cash with (9.61 M) of positive cash flow from operations. |
Humbl 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 Humbl OTC Stock often depends not only on the future outlook of the current and potential Humbl'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. Humbl's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B |
Humbl Technical Analysis
Humbl's future price can be derived by breaking down and analyzing its technical indicators over time. Humbl OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Humbl Inc. In general, you should focus on analyzing Humbl OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Humbl Predictive Forecast Models
Humbl's time-series forecasting models is one of many Humbl's otc 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 Humbl'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 otc stock market movement and maximize returns from investment trading.
Things to note about Humbl Inc
Checking the ongoing alerts about Humbl for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Humbl Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Humbl Inc is way too risky over 90 days horizon | |
| Humbl Inc has some characteristics of a very speculative penny stock | |
| Humbl Inc appears to be risky and price may revert if volatility continues | |
| Humbl Inc has high likelihood to experience some financial distress in the next 2 years | |
| Humbl Inc currently holds 2.38 M in liabilities. Humbl Inc has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Humbl until it has trouble settling it off, either with new capital or with free cash flow. So, Humbl'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 Humbl Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Humbl to invest in growth at high rates of return. When we think about Humbl's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.5 M. Net Loss for the year was (49.66 M) with profit before overhead, payroll, taxes, and interest of 1.4 M. | |
| Humbl Inc currently holds about 1.99 M in cash with (9.61 M) of positive cash flow from operations. |
Other Information on Investing in Humbl OTC Stock
Humbl financial ratios help investors to determine whether Humbl OTC 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 Humbl with respect to the benefits of owning Humbl security.