Shift Technologies Probability of Future Stock Price Finishing Over 1.7
| SFTDelisted Stock | USD 2.13 0.02 0.93% |
Shift |
Shift Technologies Target Price Odds to finish over 1.7
The tendency of Shift 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 stay above $ 1.70 in 90 days |
| 2.13 | 90 days | 1.70 | about 64.89 |
Based on a normal probability distribution, the odds of Shift Technologies to stay above $ 1.70 in 90 days from now is about 64.89 (This Shift Technologies probability density function shows the probability of Shift Stock to fall within a particular range of prices over 90 days) . Probability of Shift Technologies price to stay between $ 1.70 and its current price of $2.13 at the end of the 90-day period is about 46.01 .
Considering the 90-day investment horizon Shift Technologies has a beta of 0.16. This usually implies as returns on the market go up, Shift Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shift Technologies will be expected to be much smaller as well. Additionally Shift Technologies has an alpha of 0.7098, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shift Technologies Price Density |
| Price |
Predictive Modules for Shift Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shift Technologies. 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.Shift Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shift Technologies is not an exception. The market had few large corrections towards the Shift Technologies' 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 Shift Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shift Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | 0.09 |
Shift Technologies 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 Shift Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shift 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.| Shift Technologies is not yet fully synchronised with the market data | |
| Shift Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 670.75 M. Reported Net Loss for the year was (172.04 M) with profit before taxes, overhead, and interest of 25.33 M. | |
| Shift Technologies has about 88.48 M in cash with (110.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Shift Technologies 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 Shift Stock often depends not only on the future outlook of the current and potential Shift Technologies' 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. Shift Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 97.4 M |
Shift Technologies Technical Analysis
Shift Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Shift Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shift Technologies. In general, you should focus on analyzing Shift Stock price patterns and their correlations with different microeconomic environments and drivers.
Shift Technologies Predictive Forecast Models
Shift Technologies' time-series forecasting models is one of many Shift Technologies' 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 Shift Technologies' 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 Shift Technologies
Checking the ongoing alerts about Shift Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shift Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shift Technologies is not yet fully synchronised with the market data | |
| Shift Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 670.75 M. Reported Net Loss for the year was (172.04 M) with profit before taxes, overhead, and interest of 25.33 M. | |
| Shift Technologies has about 88.48 M in cash with (110.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Shift Stock
If you are still planning to invest in Shift Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shift Technologies' history and understand the potential risks before investing.
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