Harvest Technology (Australia) Probability of Future Stock Price Finishing Under 0.019
| HTG Stock | 0.03 0.01 21.74% |
Harvest |
Harvest Technology Target Price Odds to finish below 0.019
The tendency of Harvest 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 0.02 or more in 90 days |
| 0.03 | 90 days | 0.02 | about 77.45 |
Based on a normal probability distribution, the odds of Harvest Technology to drop to 0.02 or more in 90 days from now is about 77.45 (This Harvest Technology Group probability density function shows the probability of Harvest Stock to fall within a particular range of prices over 90 days) . Probability of Harvest Technology price to stay between 0.02 and its current price of 0.028 at the end of the 90-day period is about 22.46 .
Assuming the 90 days trading horizon Harvest Technology has a beta of 0.22. This usually indicates as returns on the market go up, Harvest Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Harvest Technology Group will be expected to be much smaller as well. Additionally Harvest Technology Group has an alpha of 0.4668, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Harvest Technology Price Density |
| Price |
Predictive Modules for Harvest 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 Harvest Technology. 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.Harvest Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Harvest Technology is not an exception. The market had few large corrections towards the Harvest 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 Harvest Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Harvest Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.04 |
Harvest 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 Harvest Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Harvest Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Harvest Technology is way too risky over 90 days horizon | |
| Harvest Technology has some characteristics of a very speculative penny stock | |
| Harvest Technology appears to be risky and price may revert if volatility continues | |
| Harvest Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.32 M. Net Loss for the year was (13.33 M) with profit before overhead, payroll, taxes, and interest of 4.51 M. | |
| Harvest Technology Group has accumulated about 992.02 K in cash with (4.8 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Harvest Technology Group Secures Investments and Restructures for Growth - TipRanks |
Harvest 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 Harvest Stock often depends not only on the future outlook of the current and potential Harvest 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. Harvest Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 734.8 M | |
| Cash And Short Term Investments | 444.9 K |
Harvest Technology Technical Analysis
Harvest Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Harvest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harvest Technology Group. In general, you should focus on analyzing Harvest Stock price patterns and their correlations with different microeconomic environments and drivers.
Harvest Technology Predictive Forecast Models
Harvest Technology's time-series forecasting models is one of many Harvest Technology'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 Harvest 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 stock market movement and maximize returns from investment trading.
Things to note about Harvest Technology
Checking the ongoing alerts about Harvest Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Harvest Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Harvest Technology is way too risky over 90 days horizon | |
| Harvest Technology has some characteristics of a very speculative penny stock | |
| Harvest Technology appears to be risky and price may revert if volatility continues | |
| Harvest Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.32 M. Net Loss for the year was (13.33 M) with profit before overhead, payroll, taxes, and interest of 4.51 M. | |
| Harvest Technology Group has accumulated about 992.02 K in cash with (4.8 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Harvest Technology Group Secures Investments and Restructures for Growth - TipRanks |
Additional Tools for Harvest Stock Analysis
When running Harvest Technology's price analysis, check to measure Harvest Technology'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 Harvest Technology is operating at the current time. Most of Harvest Technology's value examination focuses on studying past and present price action to predict the probability of Harvest Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harvest Technology's price. Additionally, you may evaluate how the addition of Harvest Technology to your portfolios can decrease your overall portfolio volatility.