Leet Technology Stock Probability of Future Pink Sheet Price Finishing Under 0.0379
| LTES Stock | USD 0.04 0.01 13.78% |
Leet |
Leet Technology Target Price Odds to finish below 0.0379
The tendency of Leet 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 $ 0.04 or more in 90 days |
| 0.04 | 90 days | 0.04 | near 1 |
Based on a normal probability distribution, the odds of Leet Technology to drop to $ 0.04 or more in 90 days from now is near 1 (This Leet Technology probability density function shows the probability of Leet Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Leet Technology price to stay between $ 0.04 and its current price of $0.0388 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Leet Technology has a beta of -0.16. This indicates as returns on the benchmark increase, returns on holding Leet Technology are expected to decrease at a much lower rate. During a bear market, however, Leet Technology is likely to outperform the market. Additionally Leet Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Leet Technology Price Density |
| Price |
Predictive Modules for Leet Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Leet Technology. 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 Leet Technology's 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.
Leet Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leet Technology is not an exception. The market had few large corrections towards the Leet Technology'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 Leet Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leet Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.24 |
Leet Technology 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 Leet Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leet Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Leet Technology generated a negative expected return over the last 90 days | |
| Leet Technology has some characteristics of a very speculative penny stock | |
| Leet Technology has high likelihood to experience some financial distress in the next 2 years | |
| Leet Technology currently holds 5.19 K in liabilities. Leet Technology has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Leet Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Leet Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Leet Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leet to invest in growth at high rates of return. When we think about Leet Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 62.84 K. Net Loss for the year was (5.36 M) with loss before overhead, payroll, taxes, and interest of (525.85 K). | |
| Leet Technology currently holds about 28.85 K in cash with (1.69 M) of positive cash flow from operations. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders |
Leet Technology 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 Leet Pink Sheet often depends not only on the future outlook of the current and potential Leet Technology'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. Leet Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 152.9 M |
Leet Technology Technical Analysis
Leet Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Leet Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leet Technology. In general, you should focus on analyzing Leet Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Leet Technology Predictive Forecast Models
Leet Technology's time-series forecasting models is one of many Leet Technology'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 Leet Technology'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 Leet Technology
Checking the ongoing alerts about Leet Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leet Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Leet Technology generated a negative expected return over the last 90 days | |
| Leet Technology has some characteristics of a very speculative penny stock | |
| Leet Technology has high likelihood to experience some financial distress in the next 2 years | |
| Leet Technology currently holds 5.19 K in liabilities. Leet Technology has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Leet Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Leet Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Leet Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leet to invest in growth at high rates of return. When we think about Leet Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 62.84 K. Net Loss for the year was (5.36 M) with loss before overhead, payroll, taxes, and interest of (525.85 K). | |
| Leet Technology currently holds about 28.85 K in cash with (1.69 M) of positive cash flow from operations. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Leet Pink Sheet Analysis
When running Leet Technology's price analysis, check to measure Leet Technology'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 Leet Technology is operating at the current time. Most of Leet Technology's value examination focuses on studying past and present price action to predict the probability of Leet Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leet Technology's price. Additionally, you may evaluate how the addition of Leet Technology to your portfolios can decrease your overall portfolio volatility.