Red Cat Holdings Stock Odds of Future Stock Price Finishing Under 1.38
| RCAT Stock | USD 11.77 2.50 26.97% |
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Red Cat Target Price Odds to finish below 1.38
The tendency of Red 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 $ 1.38 or more in 90 days |
| 11.77 | 90 days | 1.38 | about 8.0 |
Based on a normal probability distribution, the odds of Red Cat to drop to $ 1.38 or more in 90 days from now is about 8.0 (This Red Cat Holdings probability density function shows the probability of Red Stock to fall within a particular range of prices over 90 days) . Probability of Red Cat Holdings price to stay between $ 1.38 and its current price of $11.77 at the end of the 90-day period is about 91.98 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.46 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Red Cat will likely underperform. Moreover Red Cat Holdings has an alpha of 1.8288, implying that it can generate a 1.83 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Red Cat Price Density |
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Predictive Modules for Red Cat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Red Cat Holdings. 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.Red Cat Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Red Cat is not an exception. The market had few large corrections towards the Red Cat'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 Red Cat Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Red Cat within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.83 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 1.61 | |
Ir | Information ratio | 0.22 |
Red Cat 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 Red Cat for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Red Cat Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Red Cat Holdings is way too risky over 90 days horizon | |
| Red Cat Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 17.84 M. Net Loss for the year was (21.53 M) with profit before overhead, payroll, taxes, and interest of 925.51 K. | |
| Red Cat Holdings currently holds about 42.95 M in cash with (18.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Red Cat Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Red Cat Holdings Promotes Geoffrey Hitchcock to Chief Revenue Officer |
Red Cat 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 Red Stock often depends not only on the future outlook of the current and potential Red Cat'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. Red Cat's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60.1 M | |
| Cash And Short Term Investments | 6.1 M |
Red Cat Technical Analysis
Red Cat's future price can be derived by breaking down and analyzing its technical indicators over time. Red Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Red Cat Holdings. In general, you should focus on analyzing Red Stock price patterns and their correlations with different microeconomic environments and drivers.
Red Cat Predictive Forecast Models
Red Cat's time-series forecasting models is one of many Red Cat'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 Red Cat'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 Red Cat Holdings
Checking the ongoing alerts about Red Cat for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Red Cat Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Red Cat Holdings is way too risky over 90 days horizon | |
| Red Cat Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 17.84 M. Net Loss for the year was (21.53 M) with profit before overhead, payroll, taxes, and interest of 925.51 K. | |
| Red Cat Holdings currently holds about 42.95 M in cash with (18.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Red Cat Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Red Cat Holdings Promotes Geoffrey Hitchcock to Chief Revenue Officer |
Additional Tools for Red Stock Analysis
When running Red Cat's price analysis, check to measure Red Cat'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 Red Cat is operating at the current time. Most of Red Cat's value examination focuses on studying past and present price action to predict the probability of Red Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Cat's price. Additionally, you may evaluate how the addition of Red Cat to your portfolios can decrease your overall portfolio volatility.