Star Jets International Stock Probability of Future Pink Sheet Price Finishing Under 0.03
JETR Stock | USD 0.02 0.0002 1.18% |
Star |
Star Jets Target Price Odds to finish below 0.03
The tendency of Star 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 under $ 0.03 after 90 days |
0.02 | 90 days | 0.03 | close to 99 |
Based on a normal probability distribution, the odds of Star Jets to stay under $ 0.03 after 90 days from now is close to 99 (This Star Jets International probability density function shows the probability of Star Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Star Jets International price to stay between its current price of $ 0.02 and $ 0.03 at the end of the 90-day period is about 13.31 .
Given the investment horizon of 90 days Star Jets International has a beta of -6.08. This indicates as returns on its benchmark rise, returns on holding Star Jets International are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Star Jets is expected to outperform its benchmark. In addition to that Star Jets International has an alpha of 3.0837, implying that it can generate a 3.08 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Star Jets Price Density |
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Predictive Modules for Star Jets
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Star Jets International. 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 Star Jets' 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.
Star Jets Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Star Jets is not an exception. The market had few large corrections towards the Star Jets' 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 Star Jets International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Star Jets within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.08 | |
β | Beta against Dow Jones | -6.08 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.10 |
Star Jets 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 Star Jets for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Star Jets International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Star Jets is way too risky over 90 days horizon | |
Star Jets has some characteristics of a very speculative penny stock | |
Star Jets appears to be risky and price may revert if volatility continues | |
Star Jets has high likelihood to experience some financial distress in the next 2 years | |
Net Loss for the year was (88.8 K) with profit before overhead, payroll, taxes, and interest of 0. | |
Star Jets generates negative cash flow from operations |
Star Jets Technical Analysis
Star Jets' future price can be derived by breaking down and analyzing its technical indicators over time. Star Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Star Jets International. In general, you should focus on analyzing Star Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Star Jets Predictive Forecast Models
Star Jets' time-series forecasting models is one of many Star Jets' 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 Star Jets' 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 Star Jets International
Checking the ongoing alerts about Star Jets for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Star Jets International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Star Jets is way too risky over 90 days horizon | |
Star Jets has some characteristics of a very speculative penny stock | |
Star Jets appears to be risky and price may revert if volatility continues | |
Star Jets has high likelihood to experience some financial distress in the next 2 years | |
Net Loss for the year was (88.8 K) with profit before overhead, payroll, taxes, and interest of 0. | |
Star Jets generates negative cash flow from operations |
Additional Tools for Star Pink Sheet Analysis
When running Star Jets' price analysis, check to measure Star Jets' 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 Star Jets is operating at the current time. Most of Star Jets' value examination focuses on studying past and present price action to predict the probability of Star Jets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Jets' price. Additionally, you may evaluate how the addition of Star Jets to your portfolios can decrease your overall portfolio volatility.