Iclick Interactive Asia Stock Probability of Future Stock Price Finishing Over 7.35
| ICLK Stock | USD 7.02 0.08 1.13% |
IClick |
IClick Interactive Target Price Odds to finish over 7.35
The tendency of IClick 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 $ 7.35 or more in 90 days |
| 7.02 | 90 days | 7.35 | near 1 |
Based on a normal probability distribution, the odds of IClick Interactive to move over $ 7.35 or more in 90 days from now is near 1 (This iClick Interactive Asia probability density function shows the probability of IClick Stock to fall within a particular range of prices over 90 days) . Probability of iClick Interactive Asia price to stay between its current price of $ 7.02 and $ 7.35 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days IClick Interactive has a beta of 0.9. This usually indicates iClick Interactive Asia market returns are very sensitive to returns on the market. As the market goes up or down, IClick Interactive is expected to follow. Moreover IClick Interactive Asia has an alpha of 1.2954, implying that it can generate a 1.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IClick Interactive Price Density |
| Price |
Predictive Modules for IClick Interactive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iClick Interactive Asia. 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.IClick Interactive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IClick Interactive is not an exception. The market had few large corrections towards the IClick Interactive'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 iClick Interactive Asia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IClick Interactive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.30 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | 0.22 |
IClick Interactive 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 IClick Interactive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for iClick Interactive Asia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IClick Interactive is way too risky over 90 days horizon | |
| IClick Interactive appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 133.22 M. Net Loss for the year was (38.69 M) with profit before overhead, payroll, taxes, and interest of 89.15 M. | |
| iClick Interactive Asia currently holds about 83.5 M in cash with (19.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86. | |
| IClick Interactive has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: iClick Interactive Asia Group Limited Reports 2024 Half-Year Unaudited Financial Results |
IClick Interactive 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 IClick Stock often depends not only on the future outlook of the current and potential IClick Interactive'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. IClick Interactive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.2 M | |
| Cash And Short Term Investments | 58 M |
IClick Interactive Technical Analysis
IClick Interactive's future price can be derived by breaking down and analyzing its technical indicators over time. IClick Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of iClick Interactive Asia. In general, you should focus on analyzing IClick Stock price patterns and their correlations with different microeconomic environments and drivers.
IClick Interactive Predictive Forecast Models
IClick Interactive's time-series forecasting models is one of many IClick Interactive'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 IClick Interactive'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 iClick Interactive Asia
Checking the ongoing alerts about IClick Interactive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for iClick Interactive Asia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IClick Interactive is way too risky over 90 days horizon | |
| IClick Interactive appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 133.22 M. Net Loss for the year was (38.69 M) with profit before overhead, payroll, taxes, and interest of 89.15 M. | |
| iClick Interactive Asia currently holds about 83.5 M in cash with (19.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86. | |
| IClick Interactive has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: iClick Interactive Asia Group Limited Reports 2024 Half-Year Unaudited Financial Results |
Check out IClick Interactive Backtesting, IClick Interactive Valuation, IClick Interactive Correlation, IClick Interactive Hype Analysis, IClick Interactive Volatility, IClick Interactive History as well as IClick Interactive Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IClick Interactive. If investors know IClick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IClick Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.591 | Earnings Share (3.75) | Revenue Per Share 13.03 | Quarterly Revenue Growth (0.22) | Return On Assets (0.12) |
The market value of iClick Interactive Asia is measured differently than its book value, which is the value of IClick that is recorded on the company's balance sheet. Investors also form their own opinion of IClick Interactive's value that differs from its market value or its book value, called intrinsic value, which is IClick Interactive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IClick Interactive's market value can be influenced by many factors that don't directly affect IClick Interactive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IClick Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if IClick Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IClick Interactive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.