Unique Fabricating Probability of Future Stock Price Finishing Under 0.19
| UFABDelisted Stock | USD 0.20 0.00 0.00% |
Unique |
Unique Fabricating Target Price Odds to finish below 0.19
The tendency of Unique 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 drop to $ 0.19 or more in 90 days |
| 0.20 | 90 days | 0.19 | about 20.67 |
Based on a normal probability distribution, the odds of Unique Fabricating to drop to $ 0.19 or more in 90 days from now is about 20.67 (This Unique Fabricating probability density function shows the probability of Unique Stock to fall within a particular range of prices over 90 days) . Probability of Unique Fabricating price to stay between $ 0.19 and its current price of $0.2 at the end of the 90-day period is about 8.59 .
Given the investment horizon of 90 days Unique Fabricating has a beta of 0.2. This usually implies as returns on the market go up, Unique Fabricating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Unique Fabricating will be expected to be much smaller as well. Additionally Unique Fabricating has an alpha of 0.5089, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Unique Fabricating Price Density |
| Price |
Predictive Modules for Unique Fabricating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unique Fabricating. 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.Unique Fabricating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Unique Fabricating is not an exception. The market had few large corrections towards the Unique Fabricating'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 Unique Fabricating, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Unique Fabricating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.03 |
Unique Fabricating 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 Unique Fabricating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Unique Fabricating can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Unique Fabricating is not yet fully synchronised with the market data | |
| Unique Fabricating has some characteristics of a very speculative penny stock | |
| Unique Fabricating has a very high chance of going through financial distress in the upcoming years | |
| Unique Fabricating currently holds 48.42 M in liabilities with Debt to Equity (D/E) ratio of 2.96, implying the company greatly relies on financing operations through barrowing. Unique Fabricating has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Unique Fabricating's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 125.67 M. Net Loss for the year was (6.96 M) with profit before overhead, payroll, taxes, and interest of 16.72 M. | |
| Unique Fabricating currently holds about 600 K in cash with (3.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 18.0% of Unique Fabricating outstanding shares are owned by insiders |
Unique Fabricating 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 Unique Stock often depends not only on the future outlook of the current and potential Unique Fabricating'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. Unique Fabricating's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.4 M | |
| Cash And Short Term Investments | 742 K |
Unique Fabricating Technical Analysis
Unique Fabricating's future price can be derived by breaking down and analyzing its technical indicators over time. Unique Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unique Fabricating. In general, you should focus on analyzing Unique Stock price patterns and their correlations with different microeconomic environments and drivers.
Unique Fabricating Predictive Forecast Models
Unique Fabricating's time-series forecasting models is one of many Unique Fabricating's 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 Unique Fabricating'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 stock market movement and maximize returns from investment trading.
Things to note about Unique Fabricating
Checking the ongoing alerts about Unique Fabricating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Unique Fabricating help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Unique Fabricating is not yet fully synchronised with the market data | |
| Unique Fabricating has some characteristics of a very speculative penny stock | |
| Unique Fabricating has a very high chance of going through financial distress in the upcoming years | |
| Unique Fabricating currently holds 48.42 M in liabilities with Debt to Equity (D/E) ratio of 2.96, implying the company greatly relies on financing operations through barrowing. Unique Fabricating has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Unique Fabricating's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 125.67 M. Net Loss for the year was (6.96 M) with profit before overhead, payroll, taxes, and interest of 16.72 M. | |
| Unique Fabricating currently holds about 600 K in cash with (3.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 18.0% of Unique Fabricating outstanding shares are owned by 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 nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Unique Stock
If you are still planning to invest in Unique Fabricating 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 Unique Fabricating's history and understand the potential risks before investing.
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