Catheter Precision Stock Probability of Future Stock Price Finishing Under 0.10
| VTAK Stock | 0.42 0.01 2.44% |
Catheter |
Catheter Precision Target Price Odds to finish below 0.10
The tendency of Catheter 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 0.10 or more in 90 days |
| 0.42 | 90 days | 0.10 | about 9.7 |
Based on a normal probability distribution, the odds of Catheter Precision to drop to 0.10 or more in 90 days from now is about 9.7 (This Catheter Precision probability density function shows the probability of Catheter Stock to fall within a particular range of prices over 90 days) . Probability of Catheter Precision price to stay between 0.10 and its current price of 0.42 at the end of the 90-day period is about 23.54 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.35 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Catheter Precision will likely underperform. Additionally Catheter Precision 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. Catheter Precision Price Density |
| Price |
Predictive Modules for Catheter Precision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Catheter Precision. 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.Catheter Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Catheter Precision is not an exception. The market had few large corrections towards the Catheter Precision'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 Catheter Precision, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Catheter Precision within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.25 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.07 |
Catheter Precision 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 Catheter Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Catheter Precision can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Catheter Precision generated a negative expected return over the last 90 days | |
| Catheter Precision has high historical volatility and very poor performance | |
| Catheter Precision has some characteristics of a very speculative penny stock | |
| Catheter Precision has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 442 K. Net Loss for the year was (70.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Catheter Precision generates negative cash flow from operations | |
| Catheter Precision has a frail financial position based on the latest SEC disclosures | |
| About 14.0% of the company outstanding shares are owned by insiders | |
| Latest headline from gurufocus.com: ARMISTICE CAPITAL, LLC Acquires Shares in Catheter Precision Inc |
Catheter Precision 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 Catheter Stock often depends not only on the future outlook of the current and potential Catheter Precision'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. Catheter Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.5 M | |
| Cash And Short Term Investments | 3.6 M |
Catheter Precision Technical Analysis
Catheter Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Catheter Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Catheter Precision. In general, you should focus on analyzing Catheter Stock price patterns and their correlations with different microeconomic environments and drivers.
Catheter Precision Predictive Forecast Models
Catheter Precision's time-series forecasting models is one of many Catheter Precision'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 Catheter Precision'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 Catheter Precision
Checking the ongoing alerts about Catheter Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Catheter Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Catheter Precision generated a negative expected return over the last 90 days | |
| Catheter Precision has high historical volatility and very poor performance | |
| Catheter Precision has some characteristics of a very speculative penny stock | |
| Catheter Precision has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 442 K. Net Loss for the year was (70.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Catheter Precision generates negative cash flow from operations | |
| Catheter Precision has a frail financial position based on the latest SEC disclosures | |
| About 14.0% of the company outstanding shares are owned by insiders | |
| Latest headline from gurufocus.com: ARMISTICE CAPITAL, LLC Acquires Shares in Catheter Precision Inc |
Check out Catheter Precision Backtesting, Catheter Precision Valuation, Catheter Precision Correlation, Catheter Precision Hype Analysis, Catheter Precision Volatility, Catheter Precision History as well as Catheter Precision Performance. For more information on how to buy Catheter Stock please use our How to buy in Catheter Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Catheter Precision. If investors know Catheter 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 Catheter Precision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 30.61 | Revenue Per Share 0.604 | Quarterly Revenue Growth (0.03) | Return On Assets (0.22) | Return On Equity (0.50) |
The market value of Catheter Precision is measured differently than its book value, which is the value of Catheter that is recorded on the company's balance sheet. Investors also form their own opinion of Catheter Precision's value that differs from its market value or its book value, called intrinsic value, which is Catheter Precision'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 Catheter Precision's market value can be influenced by many factors that don't directly affect Catheter Precision'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 Catheter Precision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Catheter Precision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Catheter Precision'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.