Kidoz Inc Stock Chance of Future Pink Sheet Price Finishing Under 0.00
| KDOZF Stock | USD 0.03 0.08 72.73% |
Kidoz |
Kidoz Target Price Odds to finish below 0.00
The tendency of Kidoz 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 drop to $ 0.00 or more in 90 days |
| 0.03 | 90 days | 0.00 | roughly 2.39 |
Based on a normal probability distribution, the odds of Kidoz to drop to $ 0.00 or more in 90 days from now is roughly 2.39 (This Kidoz Inc probability density function shows the probability of Kidoz Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Kidoz Inc price to stay between $ 0.00 and its current price of $0.03 at the end of the 90-day period is about 6.87 .
Assuming the 90 days horizon Kidoz Inc has a beta of -5.45. This indicates as returns on its benchmark rise, returns on holding Kidoz Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kidoz is expected to outperform its benchmark. In addition to that Kidoz Inc has an alpha of 10.6945, implying that it can generate a 10.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kidoz Price Density |
| Price |
Predictive Modules for Kidoz
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kidoz Inc. 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.Kidoz Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kidoz is not an exception. The market had few large corrections towards the Kidoz'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 Kidoz Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kidoz within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 10.69 | |
β | Beta against Dow Jones | -5.45 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.16 |
Kidoz 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 Kidoz for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kidoz Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kidoz Inc is way too risky over 90 days horizon | |
| Kidoz Inc has some characteristics of a very speculative penny stock | |
| Kidoz Inc appears to be risky and price may revert if volatility continues | |
| Kidoz Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.48 M. Net Loss for the year was (190.32 K) with profit before overhead, payroll, taxes, and interest of 3.65 M. | |
| About 57.0% of the company outstanding shares are owned by corporate insiders |
Kidoz 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 Kidoz Pink Sheet often depends not only on the future outlook of the current and potential Kidoz'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. Kidoz's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 131.3 M | |
| Cash And Short Term Investments | 2.1 M |
Kidoz Technical Analysis
Kidoz's future price can be derived by breaking down and analyzing its technical indicators over time. Kidoz Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kidoz Inc. In general, you should focus on analyzing Kidoz Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Kidoz Predictive Forecast Models
Kidoz's time-series forecasting models is one of many Kidoz'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 Kidoz'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 Kidoz Inc
Checking the ongoing alerts about Kidoz for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kidoz Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kidoz Inc is way too risky over 90 days horizon | |
| Kidoz Inc has some characteristics of a very speculative penny stock | |
| Kidoz Inc appears to be risky and price may revert if volatility continues | |
| Kidoz Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.48 M. Net Loss for the year was (190.32 K) with profit before overhead, payroll, taxes, and interest of 3.65 M. | |
| About 57.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kidoz Pink Sheet
Kidoz financial ratios help investors to determine whether Kidoz Pink Sheet 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 Kidoz with respect to the benefits of owning Kidoz security.