Wonderfi Technologies Stock Probability of Future Stock Price Finishing Over 21.84
WNDR Stock | 0.22 0.02 8.33% |
WonderFi |
WonderFi Technologies Target Price Odds to finish over 21.84
The tendency of WonderFi 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 21.84 or more in 90 days |
0.22 | 90 days | 21.84 | close to zero percent |
Based on a normal probability distribution, the odds of WonderFi Technologies to move over 21.84 or more in 90 days from now is close to zero percent (This WonderFi Technologies probability density function shows the probability of WonderFi Stock to fall within a particular range of prices over 90 days) . Probability of WonderFi Technologies price to stay between its current price of 0.22 and 21.84 at the end of the 90-day period is about 92.84 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.34 . 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, WonderFi Technologies will likely underperform. Additionally WonderFi Technologies has an alpha of 0.4386, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WonderFi Technologies Price Density |
Price |
Predictive Modules for WonderFi Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WonderFi Technologies. 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.WonderFi Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WonderFi Technologies is not an exception. The market had few large corrections towards the WonderFi Technologies' 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 WonderFi Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WonderFi Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 2.34 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.08 |
WonderFi Technologies 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 WonderFi Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WonderFi Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.WonderFi Technologies had very high historical volatility over the last 90 days | |
WonderFi Technologies has some characteristics of a very speculative penny stock | |
WonderFi Technologies has high likelihood to experience some financial distress in the next 2 years | |
The company reported the revenue of 28.28 M. Net Loss for the year was (16.69 M) with profit before overhead, payroll, taxes, and interest of 45.99 M. | |
WonderFi Technologies generates negative cash flow from operations | |
About 22.0% of the company outstanding shares are owned by insiders | |
Latest headline from news.google.com: WonderFi Technologies keeps 0.65 target at Haywood - Cantech Letter |
WonderFi Technologies 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 WonderFi Stock often depends not only on the future outlook of the current and potential WonderFi Technologies' 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. WonderFi Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 437.7 M | |
Cash And Short Term Investments | 26.1 M |
WonderFi Technologies Technical Analysis
WonderFi Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. WonderFi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WonderFi Technologies. In general, you should focus on analyzing WonderFi Stock price patterns and their correlations with different microeconomic environments and drivers.
WonderFi Technologies Predictive Forecast Models
WonderFi Technologies' time-series forecasting models is one of many WonderFi Technologies' 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 WonderFi Technologies' 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 WonderFi Technologies
Checking the ongoing alerts about WonderFi Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WonderFi Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
WonderFi Technologies had very high historical volatility over the last 90 days | |
WonderFi Technologies has some characteristics of a very speculative penny stock | |
WonderFi Technologies has high likelihood to experience some financial distress in the next 2 years | |
The company reported the revenue of 28.28 M. Net Loss for the year was (16.69 M) with profit before overhead, payroll, taxes, and interest of 45.99 M. | |
WonderFi Technologies generates negative cash flow from operations | |
About 22.0% of the company outstanding shares are owned by insiders | |
Latest headline from news.google.com: WonderFi Technologies keeps 0.65 target at Haywood - Cantech Letter |
Other Information on Investing in WonderFi Stock
WonderFi Technologies financial ratios help investors to determine whether WonderFi Stock 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 WonderFi with respect to the benefits of owning WonderFi Technologies security.