QualTek Services Probability of Future Stock Price Finishing Over 0.19
| QTEKDelisted Stock | USD 0.01 0.00 0.00% |
QualTek |
QualTek Services Target Price Odds to finish over 0.19
The tendency of QualTek 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 move over $ 0.19 or more in 90 days |
| 0.01 | 90 days | 0.19 | about 33.85 |
Based on a normal probability distribution, the odds of QualTek Services to move over $ 0.19 or more in 90 days from now is about 33.85 (This QualTek Services probability density function shows the probability of QualTek Stock to fall within a particular range of prices over 90 days) . Probability of QualTek Services price to stay between its current price of $ 0.01 and $ 0.19 at the end of the 90-day period is about 51.84 .
Given the investment horizon of 90 days QualTek Services has a beta of -0.19 indicating as returns on the benchmark increase, returns on holding QualTek Services are expected to decrease at a much lower rate. During a bear market, however, QualTek Services is likely to outperform the market. Additionally QualTek Services 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. QualTek Services Price Density |
| Price |
Predictive Modules for QualTek Services
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as QualTek Services. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of QualTek Services' 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.
QualTek Services Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. QualTek Services is not an exception. The market had few large corrections towards the QualTek Services' 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 QualTek Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of QualTek Services within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.85 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.14 |
QualTek Services 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 QualTek Services for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for QualTek Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| QualTek Services is not yet fully synchronised with the market data | |
| QualTek Services has some characteristics of a very speculative penny stock | |
| QualTek Services has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 753.86 M. Net Loss for the year was (104.79 M) with profit before overhead, payroll, taxes, and interest of 88.56 M. | |
| QualTek Services currently holds about 302 K in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 67.0% of the company shares are owned by institutional investors |
QualTek Services 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 QualTek Stock often depends not only on the future outlook of the current and potential QualTek Services' 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. QualTek Services' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45 B | |
| Cash And Short Term Investments | 495 K |
QualTek Services Technical Analysis
QualTek Services' future price can be derived by breaking down and analyzing its technical indicators over time. QualTek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of QualTek Services. In general, you should focus on analyzing QualTek Stock price patterns and their correlations with different microeconomic environments and drivers.
QualTek Services Predictive Forecast Models
QualTek Services' time-series forecasting models is one of many QualTek Services' 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 QualTek Services' 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 QualTek Services
Checking the ongoing alerts about QualTek Services for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for QualTek Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| QualTek Services is not yet fully synchronised with the market data | |
| QualTek Services has some characteristics of a very speculative penny stock | |
| QualTek Services has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 753.86 M. Net Loss for the year was (104.79 M) with profit before overhead, payroll, taxes, and interest of 88.56 M. | |
| QualTek Services currently holds about 302 K in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 67.0% of the company shares are owned by institutional investors |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in QualTek Stock
If you are still planning to invest in QualTek Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the QualTek Services' history and understand the potential risks before investing.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |