Contextlogic Stock Probability of Future Stock Price Finishing Over 6.02
| LOGC Stock | USD 7.11 0.01 0.14% |
Contextlogic |
Contextlogic Target Price Odds to finish over 6.02
The tendency of Contextlogic 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 stay above $ 6.02 in 90 days |
| 7.11 | 90 days | 6.02 | about 47.34 |
Based on a normal probability distribution, the odds of Contextlogic to stay above $ 6.02 in 90 days from now is about 47.34 (This Contextlogic probability density function shows the probability of Contextlogic Stock to fall within a particular range of prices over 90 days) . Probability of Contextlogic price to stay between $ 6.02 and its current price of $7.11 at the end of the 90-day period is about 44.36 .
Given the investment horizon of 90 days Contextlogic has a beta of 0.53. This indicates as returns on the market go up, Contextlogic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Contextlogic will be expected to be much smaller as well. Additionally Contextlogic has an alpha of 0.354, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Contextlogic Price Density |
| Price |
Predictive Modules for Contextlogic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Contextlogic. 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.Contextlogic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Contextlogic is not an exception. The market had few large corrections towards the Contextlogic'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 Contextlogic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Contextlogic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | 0.17 |
Contextlogic 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 Contextlogic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Contextlogic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Contextlogic was previously known as WISH Old and was traded on NASDAQ Exchange under the symbol WISH. | |
| The company reported the previous year's revenue of 287 M. Net Loss for the year was (317 M) with profit before overhead, payroll, taxes, and interest of 166 M. | |
| Contextlogic currently holds about 38.85 M in cash with (341 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18. | |
| Contextlogic has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 3317 shares by Brett Just of Contextlogic at 6.3102 subject to Rule 16b-3 |
Contextlogic 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 Contextlogic Stock often depends not only on the future outlook of the current and potential Contextlogic'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. Contextlogic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.7 M | |
| Cash And Short Term Investments | 382 M |
Contextlogic Technical Analysis
Contextlogic's future price can be derived by breaking down and analyzing its technical indicators over time. Contextlogic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Contextlogic. In general, you should focus on analyzing Contextlogic Stock price patterns and their correlations with different microeconomic environments and drivers.
Contextlogic Predictive Forecast Models
Contextlogic's time-series forecasting models is one of many Contextlogic'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 Contextlogic'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 Contextlogic
Checking the ongoing alerts about Contextlogic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Contextlogic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Contextlogic was previously known as WISH Old and was traded on NASDAQ Exchange under the symbol WISH. | |
| The company reported the previous year's revenue of 287 M. Net Loss for the year was (317 M) with profit before overhead, payroll, taxes, and interest of 166 M. | |
| Contextlogic currently holds about 38.85 M in cash with (341 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18. | |
| Contextlogic has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 3317 shares by Brett Just of Contextlogic at 6.3102 subject to Rule 16b-3 |
Check out Contextlogic Backtesting, Contextlogic Valuation, Contextlogic Correlation, Contextlogic Hype Analysis, Contextlogic Volatility, Contextlogic History as well as Contextlogic Performance. For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contextlogic. If investors know Contextlogic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contextlogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.67) | Revenue Per Share 3.818 | Quarterly Revenue Growth (0.91) | Return On Assets (0.26) | Return On Equity (0.66) |
The market value of Contextlogic is measured differently than its book value, which is the value of Contextlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Contextlogic's value that differs from its market value or its book value, called intrinsic value, which is Contextlogic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contextlogic's market value can be influenced by many factors that don't directly affect Contextlogic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contextlogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contextlogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contextlogic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.