Stryve Foods Stock Probability of Future Stock Price Finishing Over 19.0
| SNAX Stock | USD 0.96 0.03 3.23% |
Stryve |
Stryve Foods Target Price Odds to finish over 19.0
The tendency of Stryve 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 $ 19.00 or more in 90 days |
| 0.96 | 90 days | 19.00 | close to zero percent |
Based on a normal probability distribution, the odds of Stryve Foods to move over $ 19.00 or more in 90 days from now is close to zero percent (This Stryve Foods probability density function shows the probability of Stryve Stock to fall within a particular range of prices over 90 days) . Probability of Stryve Foods price to stay between its current price of $ 0.96 and $ 19.00 at the end of the 90-day period is about 78.64 .
Given the investment horizon of 90 days Stryve Foods has a beta of 0.56. This usually implies as returns on the market go up, Stryve Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Stryve Foods will be expected to be much smaller as well. Additionally Stryve Foods 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. Stryve Foods Price Density |
| Price |
Predictive Modules for Stryve Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stryve Foods. 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.Stryve Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stryve Foods is not an exception. The market had few large corrections towards the Stryve Foods' 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 Stryve Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stryve Foods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.75 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.11 |
Stryve Foods 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 Stryve Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stryve Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stryve Foods generated a negative expected return over the last 90 days | |
| Stryve Foods has high historical volatility and very poor performance | |
| Stryve Foods has some characteristics of a very speculative penny stock | |
| Stryve Foods has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 17.71 M. Net Loss for the year was (19.04 M) with loss before overhead, payroll, taxes, and interest of (710.63 K). | |
| Stryve Foods currently holds about 5.01 M in cash with (7.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Stryve Foods has a frail financial position based on the latest SEC disclosures | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Stryve Foods Inc Q3 2024 Earnings Call Highlights Strong Sales Growth Amid Financial ... |
Stryve Foods 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 Stryve Stock often depends not only on the future outlook of the current and potential Stryve Foods' 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. Stryve Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 M | |
| Cash And Short Term Investments | 369.1 K |
Stryve Foods Technical Analysis
Stryve Foods' future price can be derived by breaking down and analyzing its technical indicators over time. Stryve Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stryve Foods. In general, you should focus on analyzing Stryve Stock price patterns and their correlations with different microeconomic environments and drivers.
Stryve Foods Predictive Forecast Models
Stryve Foods' time-series forecasting models is one of many Stryve Foods' 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 Stryve Foods' 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 Stryve Foods
Checking the ongoing alerts about Stryve Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stryve Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stryve Foods generated a negative expected return over the last 90 days | |
| Stryve Foods has high historical volatility and very poor performance | |
| Stryve Foods has some characteristics of a very speculative penny stock | |
| Stryve Foods has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 17.71 M. Net Loss for the year was (19.04 M) with loss before overhead, payroll, taxes, and interest of (710.63 K). | |
| Stryve Foods currently holds about 5.01 M in cash with (7.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Stryve Foods has a frail financial position based on the latest SEC disclosures | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Stryve Foods Inc Q3 2024 Earnings Call Highlights Strong Sales Growth Amid Financial ... |
Additional Tools for Stryve Stock Analysis
When running Stryve Foods' price analysis, check to measure Stryve Foods' 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 Stryve Foods is operating at the current time. Most of Stryve Foods' value examination focuses on studying past and present price action to predict the probability of Stryve Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryve Foods' price. Additionally, you may evaluate how the addition of Stryve Foods to your portfolios can decrease your overall portfolio volatility.