Urban Gro Stock Probability of Future Stock Price Finishing Under 1.76
| UGRO Stock | USD 1.22 0.03 2.40% |
Urban |
Urban Gro Target Price Odds to finish below 1.76
The tendency of Urban 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 under $ 1.76 after 90 days |
| 1.22 | 90 days | 1.76 | roughly 97.0 |
Based on a normal probability distribution, the odds of Urban Gro to stay under $ 1.76 after 90 days from now is roughly 97.0 (This Urban Gro probability density function shows the probability of Urban Stock to fall within a particular range of prices over 90 days) . Probability of Urban Gro price to stay between its current price of $ 1.22 and $ 1.76 at the end of the 90-day period is about 92.75 .
Given the investment horizon of 90 days Urban Gro has a beta of -2.14. This usually implies as returns on its benchmark rise, returns on holding Urban Gro are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Urban Gro is expected to outperform its benchmark. Additionally Urban Gro has an alpha of 0.0814, implying that it can generate a 0.0814 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Urban Gro Price Density |
| Price |
Predictive Modules for Urban Gro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Urban Gro. 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.Urban Gro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Urban Gro is not an exception. The market had few large corrections towards the Urban Gro'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 Urban Gro, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Urban Gro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -2.14 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.06 |
Urban Gro 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 Urban Gro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Urban Gro can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Urban Gro generated a negative expected return over the last 90 days | |
| Urban Gro has high historical volatility and very poor performance | |
| Urban Gro may become a speculative penny stock | |
| Urban Gro has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 71.54 M. Net Loss for the year was (18.68 M) with profit before overhead, payroll, taxes, and interest of 14.21 M. | |
| Urban Gro currently holds about 22.77 M in cash with (11.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Urban Gro has a frail financial position based on the latest SEC disclosures | |
| Roughly 22.0% of the company outstanding shares are owned by insiders | |
| Latest headline from MacroaxisInsider: Disposition of 20916 shares by Awm Investment Company, Inc. of Urban Gro at 1.2326 subject to Rule 16b-3 |
Urban Gro 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 Urban Stock often depends not only on the future outlook of the current and potential Urban Gro'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. Urban Gro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.3 M | |
| Cash And Short Term Investments | 1.1 M |
Urban Gro Technical Analysis
Urban Gro's future price can be derived by breaking down and analyzing its technical indicators over time. Urban Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Urban Gro. In general, you should focus on analyzing Urban Stock price patterns and their correlations with different microeconomic environments and drivers.
Urban Gro Predictive Forecast Models
Urban Gro's time-series forecasting models is one of many Urban Gro'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 Urban Gro'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 Urban Gro
Checking the ongoing alerts about Urban Gro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Urban Gro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Urban Gro generated a negative expected return over the last 90 days | |
| Urban Gro has high historical volatility and very poor performance | |
| Urban Gro may become a speculative penny stock | |
| Urban Gro has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 71.54 M. Net Loss for the year was (18.68 M) with profit before overhead, payroll, taxes, and interest of 14.21 M. | |
| Urban Gro currently holds about 22.77 M in cash with (11.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Urban Gro has a frail financial position based on the latest SEC disclosures | |
| Roughly 22.0% of the company outstanding shares are owned by insiders | |
| Latest headline from MacroaxisInsider: Disposition of 20916 shares by Awm Investment Company, Inc. of Urban Gro at 1.2326 subject to Rule 16b-3 |
Check out Urban Gro Backtesting, Urban Gro Valuation, Urban Gro Correlation, Urban Gro Hype Analysis, Urban Gro Volatility, Urban Gro History as well as Urban Gro Performance. To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Urban Gro. If investors know Urban will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Urban Gro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 6.067 | Quarterly Revenue Growth (0.07) | Return On Assets (0.14) | Return On Equity (0.64) |
The market value of Urban Gro is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Gro's value that differs from its market value or its book value, called intrinsic value, which is Urban Gro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Urban Gro's market value can be influenced by many factors that don't directly affect Urban Gro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Urban Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Gro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Gro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.