Redflex Holdings Ltd Stock Probability of Future Pink Sheet Price Finishing Over 0.0251
| RFLXF Stock | USD 0.03 0.0001 0.36% |
REDFLEX |
REDFLEX HOLDINGS Target Price Odds to finish over 0.0251
The tendency of REDFLEX 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 stay above $ 0.03 in 90 days |
| 0.03 | 90 days | 0.03 | about 86.96 |
Based on a normal probability distribution, the odds of REDFLEX HOLDINGS to stay above $ 0.03 in 90 days from now is about 86.96 (This REDFLEX HOLDINGS LTD probability density function shows the probability of REDFLEX Pink Sheet to fall within a particular range of prices over 90 days) . Probability of REDFLEX HOLDINGS LTD price to stay between $ 0.03 and its current price of $0.0279 at the end of the 90-day period is about 10.84 .
Assuming the 90 days horizon REDFLEX HOLDINGS LTD has a beta of -1.92 indicating as returns on its benchmark rise, returns on holding REDFLEX HOLDINGS LTD are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, REDFLEX HOLDINGS is expected to outperform its benchmark. In addition to that REDFLEX HOLDINGS LTD has an alpha of 2.1976, implying that it can generate a 2.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). REDFLEX HOLDINGS Price Density |
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Predictive Modules for REDFLEX HOLDINGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as REDFLEX HOLDINGS LTD. 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 REDFLEX HOLDINGS'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.
REDFLEX HOLDINGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. REDFLEX HOLDINGS is not an exception. The market had few large corrections towards the REDFLEX HOLDINGS'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 REDFLEX HOLDINGS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of REDFLEX HOLDINGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.20 | |
β | Beta against Dow Jones | -1.92 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
REDFLEX HOLDINGS 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 REDFLEX HOLDINGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for REDFLEX HOLDINGS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| REDFLEX HOLDINGS LTD is way too risky over 90 days horizon | |
| REDFLEX HOLDINGS LTD has some characteristics of a very speculative penny stock | |
| REDFLEX HOLDINGS LTD appears to be risky and price may revert if volatility continues | |
| REDFLEX HOLDINGS LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 120.81 M. Net Loss for the year was (31.49 M) with profit before overhead, payroll, taxes, and interest of 61.73 M. |
REDFLEX HOLDINGS Technical Analysis
REDFLEX HOLDINGS's future price can be derived by breaking down and analyzing its technical indicators over time. REDFLEX Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of REDFLEX HOLDINGS LTD. In general, you should focus on analyzing REDFLEX Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
REDFLEX HOLDINGS Predictive Forecast Models
REDFLEX HOLDINGS's time-series forecasting models is one of many REDFLEX HOLDINGS'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 REDFLEX HOLDINGS'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 REDFLEX HOLDINGS LTD
Checking the ongoing alerts about REDFLEX HOLDINGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for REDFLEX HOLDINGS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| REDFLEX HOLDINGS LTD is way too risky over 90 days horizon | |
| REDFLEX HOLDINGS LTD has some characteristics of a very speculative penny stock | |
| REDFLEX HOLDINGS LTD appears to be risky and price may revert if volatility continues | |
| REDFLEX HOLDINGS LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 120.81 M. Net Loss for the year was (31.49 M) with profit before overhead, payroll, taxes, and interest of 61.73 M. |
Other Information on Investing in REDFLEX Pink Sheet
REDFLEX HOLDINGS financial ratios help investors to determine whether REDFLEX 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 REDFLEX with respect to the benefits of owning REDFLEX HOLDINGS security.