Identitii (Australia) Probability of Future Stock Price Finishing Over 0.0176
| ID8 Stock | 0.02 0 5.88% |
Identitii |
Identitii Target Price Odds to finish over 0.0176
The tendency of Identitii 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 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | about 6.55 |
Based on a normal probability distribution, the odds of Identitii to move over 0.02 or more in 90 days from now is about 6.55 (This Identitii probability density function shows the probability of Identitii Stock to fall within a particular range of prices over 90 days) . Probability of Identitii price to stay between its current price of 0.02 and 0.02 at the end of the 90-day period is about 9.15 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.63 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Identitii will likely underperform. Moreover Identitii has an alpha of 1.5787, implying that it can generate a 1.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Identitii Price Density |
| Price |
Predictive Modules for Identitii
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Identitii. 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.Identitii Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Identitii is not an exception. The market had few large corrections towards the Identitii'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 Identitii, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Identitii within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.58 | |
β | Beta against Dow Jones | 1.63 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.13 |
Identitii 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 Identitii for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Identitii can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Identitii is way too risky over 90 days horizon | |
| Identitii has some characteristics of a very speculative penny stock | |
| Identitii appears to be risky and price may revert if volatility continues | |
| Identitii has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 748.29 K. Net Loss for the year was (3.54 M) with loss before overhead, payroll, taxes, and interest of (816.57 K). | |
| Identitii has accumulated about 1.29 M in cash with (3.73 M) of positive cash flow from operations. | |
| Roughly 36.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Identitii Ltd. Secures 1.8M to Boost Platform Growth - TipRanks |
Identitii 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 Identitii Stock often depends not only on the future outlook of the current and potential Identitii'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. Identitii's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 385.2 M | |
| Cash And Short Term Investments | 643.8 K |
Identitii Technical Analysis
Identitii's future price can be derived by breaking down and analyzing its technical indicators over time. Identitii Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Identitii. In general, you should focus on analyzing Identitii Stock price patterns and their correlations with different microeconomic environments and drivers.
Identitii Predictive Forecast Models
Identitii's time-series forecasting models is one of many Identitii'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 Identitii'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 Identitii
Checking the ongoing alerts about Identitii for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Identitii help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Identitii is way too risky over 90 days horizon | |
| Identitii has some characteristics of a very speculative penny stock | |
| Identitii appears to be risky and price may revert if volatility continues | |
| Identitii has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 748.29 K. Net Loss for the year was (3.54 M) with loss before overhead, payroll, taxes, and interest of (816.57 K). | |
| Identitii has accumulated about 1.29 M in cash with (3.73 M) of positive cash flow from operations. | |
| Roughly 36.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Identitii Ltd. Secures 1.8M to Boost Platform Growth - TipRanks |
Additional Tools for Identitii Stock Analysis
When running Identitii's price analysis, check to measure Identitii'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 Identitii is operating at the current time. Most of Identitii's value examination focuses on studying past and present price action to predict the probability of Identitii's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Identitii's price. Additionally, you may evaluate how the addition of Identitii to your portfolios can decrease your overall portfolio volatility.