Quipt Home Medical Stock Probability of Future Stock Price Finishing Under 3.35
| QIPT Stock | 3.47 0.12 3.58% |
Quipt |
Quipt Home Target Price Odds to finish below 3.35
The tendency of Quipt 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 3.35 or more in 90 days |
| 3.47 | 90 days | 3.35 | near 1 |
Based on a normal probability distribution, the odds of Quipt Home to drop to 3.35 or more in 90 days from now is near 1 (This Quipt Home Medical probability density function shows the probability of Quipt Stock to fall within a particular range of prices over 90 days) . Probability of Quipt Home Medical price to stay between 3.35 and its current price of 3.47 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Quipt Home has a beta of 0.44 indicating as returns on the market go up, Quipt Home average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Quipt Home Medical will be expected to be much smaller as well. Additionally Quipt Home Medical 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. Quipt Home Price Density |
| Price |
Predictive Modules for Quipt Home
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quipt Home Medical. 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.Quipt Home Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Quipt Home is not an exception. The market had few large corrections towards the Quipt Home'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 Quipt Home Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quipt Home within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.09 |
Quipt Home 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 Quipt Home for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quipt Home Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Quipt Home Medical generated a negative expected return over the last 90 days | |
| Quipt Home Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 221.74 M. Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: One Quipt Home Medical Insider Raised Their Stake In The Previous Year - Simply Wall St |
Quipt Home 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 Quipt Stock often depends not only on the future outlook of the current and potential Quipt Home'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. Quipt Home's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.6 M | |
| Cash And Short Term Investments | 17.2 M | |
| Shares Float | 36.6 M |
Quipt Home Technical Analysis
Quipt Home's future price can be derived by breaking down and analyzing its technical indicators over time. Quipt Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Quipt Home Medical. In general, you should focus on analyzing Quipt Stock price patterns and their correlations with different microeconomic environments and drivers.
Quipt Home Predictive Forecast Models
Quipt Home's time-series forecasting models is one of many Quipt Home'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 Quipt Home'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 Quipt Home Medical
Checking the ongoing alerts about Quipt Home for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quipt Home Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Quipt Home Medical generated a negative expected return over the last 90 days | |
| Quipt Home Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 221.74 M. Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: One Quipt Home Medical Insider Raised Their Stake In The Previous Year - Simply Wall St |
Check out Quipt Home Backtesting, Quipt Home Valuation, Quipt Home Correlation, Quipt Home Hype Analysis, Quipt Home Volatility, Quipt Home History as well as Quipt Home Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.