Hall Of Fame Stock Odds of Future Stock Price Finishing Under 0.01
| HOFV Stock | USD 0.93 0.02 2.11% |
Hall |
Hall Of Target Price Odds to finish below 0.01
The tendency of Hall 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 $ 0.01 or more in 90 days |
| 0.93 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Hall Of to drop to $ 0.01 or more in 90 days from now is near 1 (This Hall of Fame probability density function shows the probability of Hall Stock to fall within a particular range of prices over 90 days) . Probability of Hall of Fame price to stay between $ 0.01 and its current price of $0.93 at the end of the 90-day period is about 1.22 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.2 . 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, Hall Of will likely underperform. Additionally Hall of Fame 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. Hall Of Price Density |
| Price |
Predictive Modules for Hall Of
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hall of Fame. 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.Hall Of Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hall Of is not an exception. The market had few large corrections towards the Hall Of'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 Hall of Fame, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hall Of within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.33 | |
β | Beta against Dow Jones | 2.20 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.19 |
Hall Of 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 Hall Of for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hall of Fame can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hall of Fame generated a negative expected return over the last 90 days | |
| Hall of Fame has high historical volatility and very poor performance | |
| Hall of Fame has some characteristics of a very speculative penny stock | |
| Hall of Fame has a very high chance of going through financial distress in the upcoming years | |
| Hall of Fame currently holds 285.96 M in liabilities with Debt to Equity (D/E) ratio of 0.59, which is about average as compared to similar companies. Hall of Fame has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hall Of's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 24.13 M. Net Loss for the year was (68.68 M) with loss before overhead, payroll, taxes, and interest of (25 M). | |
| Hall of Fame currently holds about 10.62 M in cash with (27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 28.0% of Hall Of shares are held by company insiders | |
| Latest headline from simplywall.st: Shareholders Will Probably Hold Off On Increasing Hall of Fame Resort Entertainment Companys CEO Compensation For The Time Being |
Hall Of 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 Hall Stock often depends not only on the future outlook of the current and potential Hall Of'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. Hall Of's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.8 M | |
| Cash And Short Term Investments | 3.2 M |
Hall Of Technical Analysis
Hall Of's future price can be derived by breaking down and analyzing its technical indicators over time. Hall Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hall of Fame. In general, you should focus on analyzing Hall Stock price patterns and their correlations with different microeconomic environments and drivers.
Hall Of Predictive Forecast Models
Hall Of's time-series forecasting models is one of many Hall Of'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 Hall Of'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 Hall of Fame
Checking the ongoing alerts about Hall Of for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hall of Fame help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hall of Fame generated a negative expected return over the last 90 days | |
| Hall of Fame has high historical volatility and very poor performance | |
| Hall of Fame has some characteristics of a very speculative penny stock | |
| Hall of Fame has a very high chance of going through financial distress in the upcoming years | |
| Hall of Fame currently holds 285.96 M in liabilities with Debt to Equity (D/E) ratio of 0.59, which is about average as compared to similar companies. Hall of Fame has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hall Of's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 24.13 M. Net Loss for the year was (68.68 M) with loss before overhead, payroll, taxes, and interest of (25 M). | |
| Hall of Fame currently holds about 10.62 M in cash with (27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 28.0% of Hall Of shares are held by company insiders | |
| Latest headline from simplywall.st: Shareholders Will Probably Hold Off On Increasing Hall of Fame Resort Entertainment Companys CEO Compensation For The Time Being |
Additional Tools for Hall Stock Analysis
When running Hall Of's price analysis, check to measure Hall Of'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 Hall Of is operating at the current time. Most of Hall Of's value examination focuses on studying past and present price action to predict the probability of Hall Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hall Of's price. Additionally, you may evaluate how the addition of Hall Of to your portfolios can decrease your overall portfolio volatility.