Hour Loop Stock Probability of Future Stock Price Finishing Over 15.84
| HOUR Stock | USD 1.52 0.01 0.65% |
Hour |
Hour Loop Target Price Odds to finish over 15.84
The tendency of Hour 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 move over $ 15.84 or more in 90 days |
| 1.52 | 90 days | 15.84 | close to zero percent |
Based on a normal probability distribution, the odds of Hour Loop to move over $ 15.84 or more in 90 days from now is close to zero percent (This Hour Loop probability density function shows the probability of Hour Stock to fall within a particular range of prices over 90 days) . Probability of Hour Loop price to stay between its current price of $ 1.52 and $ 15.84 at the end of the 90-day period is about 15.79 .
Given the investment horizon of 90 days Hour Loop has a beta of 0.57. This usually indicates as returns on the market go up, Hour Loop average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hour Loop will be expected to be much smaller as well. Additionally Hour Loop has an alpha of 0.2618, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hour Loop Price Density |
| Price |
Predictive Modules for Hour Loop
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hour Loop. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hour Loop's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hour Loop Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hour Loop is not an exception. The market had few large corrections towards the Hour Loop'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 Hour Loop, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hour Loop within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.04 |
Hour Loop 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 Hour Loop for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hour Loop can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hour Loop may become a speculative penny stock | |
| Hour Loop had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 132.12 M. Net Loss for the year was (2.43 M) with profit before overhead, payroll, taxes, and interest of 34.81 M. | |
| Hour Loop currently holds about 2.31 M in cash with (2.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Hour Loop has a frail financial position based on the latest SEC disclosures | |
| Roughly 95.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Market Cool On Hour Loop, Inc.s Revenues |
Hour Loop 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 Hour Stock often depends not only on the future outlook of the current and potential Hour Loop'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. Hour Loop's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.1 M | |
| Cash And Short Term Investments | 2.5 M |
Hour Loop Technical Analysis
Hour Loop's future price can be derived by breaking down and analyzing its technical indicators over time. Hour Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hour Loop. In general, you should focus on analyzing Hour Stock price patterns and their correlations with different microeconomic environments and drivers.
Hour Loop Predictive Forecast Models
Hour Loop's time-series forecasting models is one of many Hour Loop'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 Hour Loop'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 Hour Loop
Checking the ongoing alerts about Hour Loop for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hour Loop help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hour Loop may become a speculative penny stock | |
| Hour Loop had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 132.12 M. Net Loss for the year was (2.43 M) with profit before overhead, payroll, taxes, and interest of 34.81 M. | |
| Hour Loop currently holds about 2.31 M in cash with (2.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Hour Loop has a frail financial position based on the latest SEC disclosures | |
| Roughly 95.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Market Cool On Hour Loop, Inc.s Revenues |
Additional Tools for Hour Stock Analysis
When running Hour Loop's price analysis, check to measure Hour Loop'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 Hour Loop is operating at the current time. Most of Hour Loop's value examination focuses on studying past and present price action to predict the probability of Hour Loop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hour Loop's price. Additionally, you may evaluate how the addition of Hour Loop to your portfolios can decrease your overall portfolio volatility.