Rockwell Medical Stock Probability of Future Stock Price Finishing Over 2.83
| RMTI Stock | USD 2.22 0.03 1.33% |
Rockwell |
Rockwell Medical Target Price Odds to finish over 2.83
The tendency of Rockwell 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 $ 2.83 or more in 90 days |
| 2.22 | 90 days | 2.83 | about 84.13 |
Based on a normal probability distribution, the odds of Rockwell Medical to move over $ 2.83 or more in 90 days from now is about 84.13 (This Rockwell Medical probability density function shows the probability of Rockwell Stock to fall within a particular range of prices over 90 days) . Probability of Rockwell Medical price to stay between its current price of $ 2.22 and $ 2.83 at the end of the 90-day period is about 13.59 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.63 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, Rockwell Medical will likely underperform. Additionally Rockwell 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. Rockwell Medical Price Density |
| Price |
Predictive Modules for Rockwell Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rockwell 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rockwell Medical'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.
Rockwell Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rockwell Medical is not an exception. The market had few large corrections towards the Rockwell Medical'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 Rockwell Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rockwell Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | 1.63 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.05 |
Rockwell Medical 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 Rockwell Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rockwell 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.| Rockwell Medical generated a negative expected return over the last 90 days | |
| Rockwell Medical has high historical volatility and very poor performance | |
| Rockwell Medical has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 83.61 M. Net Loss for the year was (8.44 M) with profit before overhead, payroll, taxes, and interest of 4.08 M. | |
| Rockwell Medical currently holds about 27.56 M in cash with (9.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Insider Sell Cyril Perducat Sells Shares of Rockwell Automation Inc |
Rockwell Medical 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 Rockwell Stock often depends not only on the future outlook of the current and potential Rockwell Medical'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. Rockwell Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.3 M | |
| Cash And Short Term Investments | 10.9 M |
Rockwell Medical Technical Analysis
Rockwell Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Rockwell Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rockwell Medical. In general, you should focus on analyzing Rockwell Stock price patterns and their correlations with different microeconomic environments and drivers.
Rockwell Medical Predictive Forecast Models
Rockwell Medical's time-series forecasting models is one of many Rockwell Medical'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 Rockwell Medical'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 Rockwell Medical
Checking the ongoing alerts about Rockwell Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rockwell Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rockwell Medical generated a negative expected return over the last 90 days | |
| Rockwell Medical has high historical volatility and very poor performance | |
| Rockwell Medical has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 83.61 M. Net Loss for the year was (8.44 M) with profit before overhead, payroll, taxes, and interest of 4.08 M. | |
| Rockwell Medical currently holds about 27.56 M in cash with (9.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Insider Sell Cyril Perducat Sells Shares of Rockwell Automation Inc |
Check out Rockwell Medical Backtesting, Rockwell Medical Valuation, Rockwell Medical Correlation, Rockwell Medical Hype Analysis, Rockwell Medical Volatility, Rockwell Medical History as well as Rockwell Medical Performance. For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rockwell Medical. If investors know Rockwell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rockwell Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 3.041 | Quarterly Revenue Growth 0.429 | Return On Assets (0.04) | Return On Equity (0.29) |
The market value of Rockwell Medical is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Medical's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rockwell Medical's market value can be influenced by many factors that don't directly affect Rockwell Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rockwell Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.