Zoompass Holdings Stock Probability of Future Pink Sheet Price Finishing Over 0.0013
| ZPAS Stock | USD 0 0 550.00% |
Zoompass |
Zoompass Holdings Target Price Odds to finish over 0.0013
The tendency of Zoompass Pink Sheet 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 above the current price in 90 days |
| 0 | 90 days | 0 | near 1 |
Based on a normal probability distribution, the odds of Zoompass Holdings to move above the current price in 90 days from now is near 1 (This Zoompass Holdings probability density function shows the probability of Zoompass Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.27 . This usually means as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Zoompass Holdings will likely underperform. In addition to that Zoompass Holdings has an alpha of 19.7419, implying that it can generate a 19.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zoompass Holdings Price Density |
| Price |
Predictive Modules for Zoompass Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zoompass Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Zoompass Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zoompass Holdings is not an exception. The market had few large corrections towards the Zoompass Holdings' 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 Zoompass Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zoompass Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 19.74 | |
β | Beta against Dow Jones | 1.27 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | 0.21 |
Zoompass Holdings 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 Zoompass Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zoompass Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zoompass Holdings is way too risky over 90 days horizon | |
| Zoompass Holdings has some characteristics of a very speculative penny stock | |
| Zoompass Holdings appears to be risky and price may revert if volatility continues | |
| Zoompass Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Zoompass Holdings currently holds 1.43 M in liabilities with Debt to Equity (D/E) ratio of 2.27, implying the company greatly relies on financing operations through barrowing. Zoompass Holdings has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Zoompass Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Zoompass Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zoompass Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zoompass to invest in growth at high rates of return. When we think about Zoompass Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 872.47 K. Net Loss for the year was (19.21 M) with profit before overhead, payroll, taxes, and interest of 206.58 K. | |
| Zoompass Holdings currently holds about 64.41 K in cash with (545.58 K) of positive cash flow from operations. | |
| Roughly 21.0% of Zoompass Holdings outstanding shares are owned by insiders |
Zoompass Holdings 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 Zoompass Pink Sheet often depends not only on the future outlook of the current and potential Zoompass Holdings' 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. Zoompass Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.8 M | |
| Cash And Short Term Investments | 64.4 K |
Zoompass Holdings Technical Analysis
Zoompass Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Zoompass Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zoompass Holdings. In general, you should focus on analyzing Zoompass Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Zoompass Holdings Predictive Forecast Models
Zoompass Holdings' time-series forecasting models is one of many Zoompass Holdings' pink sheet 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 Zoompass Holdings' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Zoompass Holdings
Checking the ongoing alerts about Zoompass Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zoompass Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zoompass Holdings is way too risky over 90 days horizon | |
| Zoompass Holdings has some characteristics of a very speculative penny stock | |
| Zoompass Holdings appears to be risky and price may revert if volatility continues | |
| Zoompass Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Zoompass Holdings currently holds 1.43 M in liabilities with Debt to Equity (D/E) ratio of 2.27, implying the company greatly relies on financing operations through barrowing. Zoompass Holdings has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Zoompass Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Zoompass Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zoompass Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zoompass to invest in growth at high rates of return. When we think about Zoompass Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 872.47 K. Net Loss for the year was (19.21 M) with profit before overhead, payroll, taxes, and interest of 206.58 K. | |
| Zoompass Holdings currently holds about 64.41 K in cash with (545.58 K) of positive cash flow from operations. | |
| Roughly 21.0% of Zoompass Holdings outstanding shares are owned by insiders |
Additional Tools for Zoompass Pink Sheet Analysis
When running Zoompass Holdings' price analysis, check to measure Zoompass Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoompass Holdings is operating at the current time. Most of Zoompass Holdings' value examination focuses on studying past and present price action to predict the probability of Zoompass Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoompass Holdings' price. Additionally, you may evaluate how the addition of Zoompass Holdings to your portfolios can decrease your overall portfolio volatility.