Iconic Sports Acquisition Probability of Future Stock Price Finishing Under 10.73
| ICNCDelisted Stock | USD 10.73 0.00 0.00% |
Iconic |
Iconic Sports Target Price Odds to finish below 10.73
The tendency of Iconic 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 below current price in 90 days |
| 10.73 | 90 days | 10.73 | close to 99 |
Based on a normal probability distribution, the odds of Iconic Sports to move below current price in 90 days from now is close to 99 (This Iconic Sports Acquisition probability density function shows the probability of Iconic Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Iconic Sports has a beta of 0.0309. This usually indicates as returns on the market go up, Iconic Sports average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iconic Sports Acquisition will be expected to be much smaller as well. Additionally Iconic Sports Acquisition has an alpha of 0.0177, implying that it can generate a 0.0177 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Iconic Sports Price Density |
| Price |
Predictive Modules for Iconic Sports
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iconic Sports Acquisition. 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.Iconic Sports Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iconic Sports is not an exception. The market had few large corrections towards the Iconic Sports' 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 Iconic Sports Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iconic Sports within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -1.13 |
Iconic Sports 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 Iconic Sports for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iconic Sports Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iconic Sports is not yet fully synchronised with the market data | |
| Iconic Sports has a very high chance of going through financial distress in the upcoming years | |
| Iconic Sports Acquisition currently holds about 271.89 K in cash with (1.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Iconic Sports 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 Iconic Stock often depends not only on the future outlook of the current and potential Iconic Sports' 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. Iconic Sports' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.5 M | |
| Cash And Short Term Investments | 599.3 K |
Iconic Sports Technical Analysis
Iconic Sports' future price can be derived by breaking down and analyzing its technical indicators over time. Iconic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iconic Sports Acquisition. In general, you should focus on analyzing Iconic Stock price patterns and their correlations with different microeconomic environments and drivers.
Iconic Sports Predictive Forecast Models
Iconic Sports' time-series forecasting models is one of many Iconic Sports' 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 Iconic Sports' 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 Iconic Sports Acquisition
Checking the ongoing alerts about Iconic Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iconic Sports Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iconic Sports is not yet fully synchronised with the market data | |
| Iconic Sports has a very high chance of going through financial distress in the upcoming years | |
| Iconic Sports Acquisition currently holds about 271.89 K in cash with (1.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Iconic Stock
If you are still planning to invest in Iconic Sports Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Iconic Sports' history and understand the potential risks before investing.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |