Redbubble Limited Stock Probability of Future Pink Sheet Price Finishing Under 0
| RDBBF Stock | USD 0.22 0.01 4.76% |
Redbubble |
Redbubble Target Price Odds to finish below 0
The tendency of Redbubble 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 $ 0.00 or more in 90 days |
| 0.22 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Redbubble to drop to $ 0.00 or more in 90 days from now is near 1 (This Redbubble Limited probability density function shows the probability of Redbubble Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Redbubble Limited price to stay between $ 0.00 and its current price of $0.22 at the end of the 90-day period is nearly 4.16 .
Assuming the 90 days horizon Redbubble Limited has a beta of -0.0678 indicating as returns on the benchmark increase, returns on holding Redbubble are expected to decrease at a much lower rate. During a bear market, however, Redbubble Limited is likely to outperform the market. Additionally Redbubble Limited 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. Redbubble Price Density |
| Price |
Predictive Modules for Redbubble
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Redbubble Limited. 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.Redbubble Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Redbubble is not an exception. The market had few large corrections towards the Redbubble'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 Redbubble Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Redbubble within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.03 |
Redbubble 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 Redbubble for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Redbubble Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Redbubble Limited generated a negative expected return over the last 90 days | |
| Redbubble Limited has high historical volatility and very poor performance | |
| Redbubble Limited has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 573.39 M. Net Loss for the year was (24.59 M) with profit before overhead, payroll, taxes, and interest of 105.95 M. | |
| About 33.0% of the company outstanding shares are owned by corporate insiders |
Redbubble 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 Redbubble Pink Sheet often depends not only on the future outlook of the current and potential Redbubble'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. Redbubble's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 275.9 M |
Redbubble Technical Analysis
Redbubble's future price can be derived by breaking down and analyzing its technical indicators over time. Redbubble Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Redbubble Limited. In general, you should focus on analyzing Redbubble Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Redbubble Predictive Forecast Models
Redbubble's time-series forecasting models is one of many Redbubble'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 Redbubble'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 Redbubble Limited
Checking the ongoing alerts about Redbubble for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Redbubble Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Redbubble Limited generated a negative expected return over the last 90 days | |
| Redbubble Limited has high historical volatility and very poor performance | |
| Redbubble Limited has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 573.39 M. Net Loss for the year was (24.59 M) with profit before overhead, payroll, taxes, and interest of 105.95 M. | |
| About 33.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Redbubble Pink Sheet
Redbubble financial ratios help investors to determine whether Redbubble Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Redbubble with respect to the benefits of owning Redbubble security.