Reliq Health Technologies Stock Probability of Future Pink Sheet Price Finishing Over 0.0011
| RQHTF Stock | USD 0 0.0001 10.00% |
Reliq |
Reliq Health Target Price Odds to finish over 0.0011
The tendency of Reliq 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 move above the current price in 90 days |
| 0 | 90 days | 0 | about 72.86 |
Based on a normal probability distribution, the odds of Reliq Health to move above the current price in 90 days from now is about 72.86 (This Reliq Health Technologies probability density function shows the probability of Reliq Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 12.15 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, Reliq Health will likely underperform. In addition to that Reliq Health Technologies has an alpha of 5.5616, implying that it can generate a 5.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Reliq Health Price Density |
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Predictive Modules for Reliq Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reliq Health Technologies. 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 Reliq Health'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.
Reliq Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Reliq Health is not an exception. The market had few large corrections towards the Reliq Health'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 Reliq Health Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Reliq Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.56 | |
β | Beta against Dow Jones | 12.15 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.15 |
Reliq Health 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 Reliq Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Reliq Health Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Reliq Health is way too risky over 90 days horizon | |
| Reliq Health has some characteristics of a very speculative penny stock | |
| Reliq Health appears to be risky and price may revert if volatility continues | |
| Reliq Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.55 M. Net Loss for the year was (8.17 M) with profit before overhead, payroll, taxes, and interest of 5.3 M. | |
| Reliq Health Technologies has accumulated about 890.15 K in cash with (8.03 M) of positive cash flow from operations. |
Reliq Health 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 Reliq Pink Sheet often depends not only on the future outlook of the current and potential Reliq Health'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. Reliq Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 188.6 M |
Reliq Health Technical Analysis
Reliq Health's future price can be derived by breaking down and analyzing its technical indicators over time. Reliq Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Reliq Health Technologies. In general, you should focus on analyzing Reliq Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Reliq Health Predictive Forecast Models
Reliq Health's time-series forecasting models is one of many Reliq Health'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 Reliq Health'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 Reliq Health Technologies
Checking the ongoing alerts about Reliq Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Reliq Health Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Reliq Health is way too risky over 90 days horizon | |
| Reliq Health has some characteristics of a very speculative penny stock | |
| Reliq Health appears to be risky and price may revert if volatility continues | |
| Reliq Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.55 M. Net Loss for the year was (8.17 M) with profit before overhead, payroll, taxes, and interest of 5.3 M. | |
| Reliq Health Technologies has accumulated about 890.15 K in cash with (8.03 M) of positive cash flow from operations. |
Other Information on Investing in Reliq Pink Sheet
Reliq Health financial ratios help investors to determine whether Reliq 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 Reliq with respect to the benefits of owning Reliq Health security.