Expion360 Stock Probability of Future Stock Price Finishing Over 0.84
| XPON Stock | USD 2.31 0.02 0.86% |
Expion360 |
Expion360 Target Price Odds to finish over 0.84
The tendency of Expion360 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 above $ 0.84 in 90 days |
| 2.31 | 90 days | 0.84 | about 97.0 |
Based on a normal probability distribution, the odds of Expion360 to stay above $ 0.84 in 90 days from now is about 97.0 (This Expion360 probability density function shows the probability of Expion360 Stock to fall within a particular range of prices over 90 days) . Probability of Expion360 price to stay between $ 0.84 and its current price of $2.31 at the end of the 90-day period is about 9.44 .
Given the investment horizon of 90 days Expion360 has a beta of 0.4. This entails as returns on the market go up, Expion360 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Expion360 will be expected to be much smaller as well. Additionally Expion360 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. Expion360 Price Density |
| Price |
Predictive Modules for Expion360
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Expion360. 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.Expion360 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Expion360 is not an exception. The market had few large corrections towards the Expion360'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 Expion360, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Expion360 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.76 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.06 |
Expion360 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 Expion360 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Expion360 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Expion360 generated a negative expected return over the last 90 days | |
| Expion360 has high historical volatility and very poor performance | |
| Expion360 has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 5.98 M. Net Loss for the year was (7.46 M) with profit before overhead, payroll, taxes, and interest of 1.65 M. | |
| Expion360 currently holds about 8.12 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19. | |
| Roughly 13.0% of the company outstanding shares are owned by insiders | |
| Latest headline from finance.yahoo.com: XPON Expion360 Announces Several New OEM Relationships |
Expion360 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 Expion360 Stock often depends not only on the future outlook of the current and potential Expion360'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. Expion360's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.9 M | |
| Cash And Short Term Investments | 3.9 M |
Expion360 Technical Analysis
Expion360's future price can be derived by breaking down and analyzing its technical indicators over time. Expion360 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Expion360. In general, you should focus on analyzing Expion360 Stock price patterns and their correlations with different microeconomic environments and drivers.
Expion360 Predictive Forecast Models
Expion360's time-series forecasting models is one of many Expion360'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 Expion360'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 Expion360
Checking the ongoing alerts about Expion360 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Expion360 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Expion360 generated a negative expected return over the last 90 days | |
| Expion360 has high historical volatility and very poor performance | |
| Expion360 has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 5.98 M. Net Loss for the year was (7.46 M) with profit before overhead, payroll, taxes, and interest of 1.65 M. | |
| Expion360 currently holds about 8.12 M in cash with (5.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19. | |
| Roughly 13.0% of the company outstanding shares are owned by insiders | |
| Latest headline from finance.yahoo.com: XPON Expion360 Announces Several New OEM Relationships |
Check out Expion360 Backtesting, Expion360 Valuation, Expion360 Correlation, Expion360 Hype Analysis, Expion360 Volatility, Expion360 History as well as Expion360 Performance. To learn how to invest in Expion360 Stock, please use our How to Invest in Expion360 guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 Expion360. If investors know Expion360 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 Expion360 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -7.9 K | Revenue Per Share 70.928 | Quarterly Revenue Growth (0.26) | Return On Assets (0.43) | Return On Equity (1.53) |
The market value of Expion360 is measured differently than its book value, which is the value of Expion360 that is recorded on the company's balance sheet. Investors also form their own opinion of Expion360's value that differs from its market value or its book value, called intrinsic value, which is Expion360'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 Expion360's market value can be influenced by many factors that don't directly affect Expion360'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 Expion360's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expion360 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expion360'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.