Route1 Inc Stock Chance of Future Stock Price Finishing Over 0.02
| ROI Stock | CAD 0.02 0.01 33.33% |
Route1 |
Route1 Target Price Odds to finish over 0.02
The tendency of Route1 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 above the current price in 90 days |
| 0.02 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Route1 to move above the current price in 90 days from now is close to 99 (This Route1 Inc probability density function shows the probability of Route1 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Route1 Inc has a beta of -3.89 indicating as returns on its benchmark rise, returns on holding Route1 Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Route1 is expected to outperform its benchmark. Additionally Route1 Inc has an alpha of 0.6291, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Route1 Price Density |
| Price |
Predictive Modules for Route1
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Route1 Inc. 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.Route1 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Route1 is not an exception. The market had few large corrections towards the Route1'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 Route1 Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Route1 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -3.89 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.01 |
Route1 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 Route1 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Route1 Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Route1 Inc had very high historical volatility over the last 90 days | |
| Route1 Inc has some characteristics of a very speculative penny stock | |
| Route1 Inc has a very high chance of going through financial distress in the upcoming years | |
| Route1 Inc has accumulated 4.62 M in total debt with debt to equity ratio (D/E) of 1.3, which is about average as compared to similar companies. Route1 Inc has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Route1 until it has trouble settling it off, either with new capital or with free cash flow. So, Route1's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Route1 Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Route1 to invest in growth at high rates of return. When we think about Route1's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 17.58 M. Net Loss for the year was (1.28 M) with profit before overhead, payroll, taxes, and interest of 7.58 M. | |
| Latest headline from news.google.com: Route1 Inc. Confirms Meeting Approvals and Leadership - TipRanks |
Route1 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 Route1 Stock often depends not only on the future outlook of the current and potential Route1'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. Route1's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.5 M | |
| Cash And Short Term Investments | 38.3 K |
Route1 Technical Analysis
Route1's future price can be derived by breaking down and analyzing its technical indicators over time. Route1 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Route1 Inc. In general, you should focus on analyzing Route1 Stock price patterns and their correlations with different microeconomic environments and drivers.
Route1 Predictive Forecast Models
Route1's time-series forecasting models is one of many Route1'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 Route1'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 Route1 Inc
Checking the ongoing alerts about Route1 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Route1 Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Route1 Inc had very high historical volatility over the last 90 days | |
| Route1 Inc has some characteristics of a very speculative penny stock | |
| Route1 Inc has a very high chance of going through financial distress in the upcoming years | |
| Route1 Inc has accumulated 4.62 M in total debt with debt to equity ratio (D/E) of 1.3, which is about average as compared to similar companies. Route1 Inc has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Route1 until it has trouble settling it off, either with new capital or with free cash flow. So, Route1's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Route1 Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Route1 to invest in growth at high rates of return. When we think about Route1's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 17.58 M. Net Loss for the year was (1.28 M) with profit before overhead, payroll, taxes, and interest of 7.58 M. | |
| Latest headline from news.google.com: Route1 Inc. Confirms Meeting Approvals and Leadership - TipRanks |
Additional Tools for Route1 Stock Analysis
When running Route1's price analysis, check to measure Route1'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 Route1 is operating at the current time. Most of Route1's value examination focuses on studying past and present price action to predict the probability of Route1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Route1's price. Additionally, you may evaluate how the addition of Route1 to your portfolios can decrease your overall portfolio volatility.