Eyecitycom Stock Odds of Future Pink Sheet Price Finishing Over 1.0E-4
| ICTY Stock | USD 0.0004 0.0001 33.33% |
Eyecity |
Eyecity Target Price Odds to finish over 1.0E-4
The tendency of Eyecity Pink Sheet 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 stay above $ 0.0001 in 90 days |
| 0.0004 | 90 days | 0.0001 | close to 99 |
Based on a normal probability distribution, the odds of Eyecity to stay above $ 0.0001 in 90 days from now is close to 99 (This EyecityCom probability density function shows the probability of Eyecity Pink Sheet to fall within a particular range of prices over 90 days) . Probability of EyecityCom price to stay between $ 0.0001 and its current price of $4.0E-4 at the end of the 90-day period is about 21.44 .
Given the investment horizon of 90 days EyecityCom has a beta of -0.23. This usually indicates as returns on the benchmark increase, returns on holding Eyecity are expected to decrease at a much lower rate. During a bear market, however, EyecityCom is likely to outperform the market. Moreover EyecityCom has an alpha of 1.6412, implying that it can generate a 1.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eyecity Price Density |
| Price |
Predictive Modules for Eyecity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EyecityCom. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Eyecity'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.
Eyecity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eyecity is not an exception. The market had few large corrections towards the Eyecity'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 EyecityCom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eyecity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.64 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | 0.09 |
Eyecity 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 Eyecity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EyecityCom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EyecityCom is way too risky over 90 days horizon | |
| EyecityCom has some characteristics of a very speculative penny stock | |
| EyecityCom appears to be risky and price may revert if volatility continues | |
| EyecityCom has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eyecity until it has trouble settling it off, either with new capital or with free cash flow. So, Eyecity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EyecityCom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eyecity to invest in growth at high rates of return. When we think about Eyecity's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (420.07 K) with profit before overhead, payroll, taxes, and interest of 0. |
Eyecity Technical Analysis
Eyecity's future price can be derived by breaking down and analyzing its technical indicators over time. Eyecity Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EyecityCom. In general, you should focus on analyzing Eyecity Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Eyecity Predictive Forecast Models
Eyecity's time-series forecasting models is one of many Eyecity's pink sheet 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 Eyecity'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 pink sheet market movement and maximize returns from investment trading.
Things to note about EyecityCom
Checking the ongoing alerts about Eyecity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EyecityCom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EyecityCom is way too risky over 90 days horizon | |
| EyecityCom has some characteristics of a very speculative penny stock | |
| EyecityCom appears to be risky and price may revert if volatility continues | |
| EyecityCom has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eyecity until it has trouble settling it off, either with new capital or with free cash flow. So, Eyecity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EyecityCom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eyecity to invest in growth at high rates of return. When we think about Eyecity's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (420.07 K) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for Eyecity Pink Sheet Analysis
When running Eyecity's price analysis, check to measure Eyecity'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 Eyecity is operating at the current time. Most of Eyecity's value examination focuses on studying past and present price action to predict the probability of Eyecity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eyecity's price. Additionally, you may evaluate how the addition of Eyecity to your portfolios can decrease your overall portfolio volatility.