Slang Worldwide Stock Probability of Future OTC Stock Price Finishing Over 34.93
| SLGWF Stock | USD 0 0 24.39% |
Slang |
Slang Worldwide Target Price Odds to finish over 34.93
The tendency of Slang OTC 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 $ 34.93 or more in 90 days |
| 0 | 90 days | 34.93 | close to zero percent |
Based on a normal probability distribution, the odds of Slang Worldwide to move over $ 34.93 or more in 90 days from now is close to zero percent (This Slang Worldwide probability density function shows the probability of Slang OTC Stock to fall within a particular range of prices over 90 days) . Probability of Slang Worldwide price to stay between its current price of $ 0 and $ 34.93 at the end of the 90-day period is about 89.17 .
Assuming the 90 days horizon Slang Worldwide has a beta of -3.39. This usually implies as returns on its benchmark rise, returns on holding Slang Worldwide are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Slang Worldwide is expected to outperform its benchmark. In addition to that Slang Worldwide has an alpha of 3.2513, implying that it can generate a 3.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Slang Worldwide Price Density |
| Price |
Predictive Modules for Slang Worldwide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Slang Worldwide. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Slang Worldwide'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.
Slang Worldwide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Slang Worldwide is not an exception. The market had few large corrections towards the Slang Worldwide'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 Slang Worldwide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Slang Worldwide within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.25 | |
β | Beta against Dow Jones | -3.39 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.08 |
Slang Worldwide 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 Slang Worldwide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Slang Worldwide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Slang Worldwide is way too risky over 90 days horizon | |
| Slang Worldwide has some characteristics of a very speculative penny stock | |
| Slang Worldwide appears to be risky and price may revert if volatility continues | |
| Slang Worldwide has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.78 M. Net Loss for the year was (56.09 M) with profit before overhead, payroll, taxes, and interest of 15.13 M. | |
| Slang Worldwide has accumulated about 11.86 M in cash with (11.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from MacroaxisInsider: Acquisition by Hermann Luebbert of 190840 shares of Biofrontera subject to Rule 16b-3 |
Slang Worldwide 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 Slang OTC Stock often depends not only on the future outlook of the current and potential Slang Worldwide'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. Slang Worldwide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 92.9 M |
Slang Worldwide Technical Analysis
Slang Worldwide's future price can be derived by breaking down and analyzing its technical indicators over time. Slang OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Slang Worldwide. In general, you should focus on analyzing Slang OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Slang Worldwide Predictive Forecast Models
Slang Worldwide's time-series forecasting models is one of many Slang Worldwide's otc 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 Slang Worldwide'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 otc stock market movement and maximize returns from investment trading.
Things to note about Slang Worldwide
Checking the ongoing alerts about Slang Worldwide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Slang Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Slang Worldwide is way too risky over 90 days horizon | |
| Slang Worldwide has some characteristics of a very speculative penny stock | |
| Slang Worldwide appears to be risky and price may revert if volatility continues | |
| Slang Worldwide has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.78 M. Net Loss for the year was (56.09 M) with profit before overhead, payroll, taxes, and interest of 15.13 M. | |
| Slang Worldwide has accumulated about 11.86 M in cash with (11.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from MacroaxisInsider: Acquisition by Hermann Luebbert of 190840 shares of Biofrontera subject to Rule 16b-3 |
Other Information on Investing in Slang OTC Stock
Slang Worldwide financial ratios help investors to determine whether Slang OTC Stock 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 Slang with respect to the benefits of owning Slang Worldwide security.