Illumin Holdings Stock Probability of Future Stock Price Finishing Under 1.83
| ILLM Stock | 1.97 0.12 6.49% |
Illumin |
Illumin Holdings Target Price Odds to finish below 1.83
The tendency of Illumin 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 1.83 or more in 90 days |
| 1.97 | 90 days | 1.83 | about 86.12 |
Based on a normal probability distribution, the odds of Illumin Holdings to drop to 1.83 or more in 90 days from now is about 86.12 (This illumin Holdings probability density function shows the probability of Illumin Stock to fall within a particular range of prices over 90 days) . Probability of illumin Holdings price to stay between 1.83 and its current price of 1.97 at the end of the 90-day period is about 12.86 .
Assuming the 90 days trading horizon Illumin Holdings has a beta of 0.43. This usually indicates as returns on the market go up, Illumin Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding illumin Holdings will be expected to be much smaller as well. Additionally Illumin Holdings has an alpha of 0.4084, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Illumin Holdings Price Density |
| Price |
Predictive Modules for Illumin Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as illumin Holdings. 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.Illumin Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Illumin Holdings is not an exception. The market had few large corrections towards the Illumin Holdings' 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 illumin Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Illumin Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.12 |
Illumin Holdings 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 Illumin Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for illumin Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| illumin Holdings may become a speculative penny stock | |
| The company reported the revenue of 126.32 M. Net Loss for the year was (10.99 M) with profit before overhead, payroll, taxes, and interest of 60.79 M. | |
| illumin Holdings has accumulated about 85.94 M in cash with (1.39 M) of positive cash flow from operations. | |
| Roughly 12.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ILLMF Total Inventories 0.00 Mil - GuruFocus.com |
Illumin Holdings 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 Illumin Stock often depends not only on the future outlook of the current and potential Illumin Holdings' 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. Illumin Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.7 M | |
| Cash And Short Term Investments | 55.5 M |
Illumin Holdings Technical Analysis
Illumin Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Illumin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of illumin Holdings. In general, you should focus on analyzing Illumin Stock price patterns and their correlations with different microeconomic environments and drivers.
Illumin Holdings Predictive Forecast Models
Illumin Holdings' time-series forecasting models is one of many Illumin Holdings' 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 Illumin Holdings' 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 illumin Holdings
Checking the ongoing alerts about Illumin Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for illumin Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| illumin Holdings may become a speculative penny stock | |
| The company reported the revenue of 126.32 M. Net Loss for the year was (10.99 M) with profit before overhead, payroll, taxes, and interest of 60.79 M. | |
| illumin Holdings has accumulated about 85.94 M in cash with (1.39 M) of positive cash flow from operations. | |
| Roughly 12.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ILLMF Total Inventories 0.00 Mil - GuruFocus.com |
Other Information on Investing in Illumin Stock
Illumin Holdings financial ratios help investors to determine whether Illumin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Illumin with respect to the benefits of owning Illumin Holdings security.