Firsthand Technology Value Fund Probability of Future OTC Fund Price Finishing Over 0.0222
| SVVC Fund | USD 0.02 0 11.00% |
Firsthand |
Firsthand Technology Target Price Odds to finish over 0.0222
The tendency of Firsthand OTC Fund 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 Firsthand Technology to move above the current price in 90 days from now is close to 99 (This Firsthand Technology Value probability density function shows the probability of Firsthand OTC Fund to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Firsthand Technology Value has a beta of -0.59. This usually implies as returns on the benchmark increase, returns on holding Firsthand Technology are expected to decrease at a much lower rate. During a bear market, however, Firsthand Technology Value is likely to outperform the market. Moreover Firsthand Technology Value has an alpha of 1.3356, implying that it can generate a 1.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Firsthand Technology Price Density |
| Price |
Predictive Modules for Firsthand Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Firsthand Technology. Regardless of method or technology, however, to accurately forecast the otc fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc fund 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 Firsthand Technology'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.
Firsthand Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Firsthand Technology is not an exception. The market had few large corrections towards the Firsthand Technology'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 Firsthand Technology Value, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Firsthand Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.34 | |
β | Beta against Dow Jones | -0.59 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Firsthand Technology 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 Firsthand Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Firsthand Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Firsthand Technology is way too risky over 90 days horizon | |
| Firsthand Technology has some characteristics of a very speculative penny stock | |
| Firsthand Technology appears to be risky and price may revert if volatility continues |
Firsthand Technology 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 Firsthand OTC Fund often depends not only on the future outlook of the current and potential Firsthand Technology'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. Firsthand Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Percent Shares Out | 0.54% | |
| Trailing Annual Dividend Rate | 5.86 | |
| Short Percent Of Float | 0.60% | |
| Shares Short Prior Month | 22.74k | |
| Average Daily Volume Last 10 Day | 4.62k | |
| Average Daily Volume In Three Month | 13.03k | |
| Date Short Interest | 14th of October 2022 | |
| Trailing Annual Dividend Yield | 494.51% |
Firsthand Technology Technical Analysis
Firsthand Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Firsthand OTC Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Firsthand Technology Value. In general, you should focus on analyzing Firsthand OTC Fund price patterns and their correlations with different microeconomic environments and drivers.
Firsthand Technology Predictive Forecast Models
Firsthand Technology's time-series forecasting models is one of many Firsthand Technology's otc fund 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 Firsthand Technology'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 fund market movement and maximize returns from investment trading.
Things to note about Firsthand Technology
Checking the ongoing alerts about Firsthand Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Firsthand Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Firsthand Technology is way too risky over 90 days horizon | |
| Firsthand Technology has some characteristics of a very speculative penny stock | |
| Firsthand Technology appears to be risky and price may revert if volatility continues |
Other Information on Investing in Firsthand OTC Fund
Firsthand Technology financial ratios help investors to determine whether Firsthand OTC Fund 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 Firsthand with respect to the benefits of owning Firsthand Technology security.
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