ApplyDirect (Australia) Probability of Future Stock Price Finishing Over 0.05

AD1 Stock   0.05  0.00  0.00%   
ApplyDirect's future price is the expected price of ApplyDirect instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ApplyDirect performance during a given time horizon utilizing its historical volatility. Check out ApplyDirect Backtesting, ApplyDirect Valuation, ApplyDirect Correlation, ApplyDirect Hype Analysis, ApplyDirect Volatility, ApplyDirect History as well as ApplyDirect Performance.
  
Please specify ApplyDirect's target price for which you would like ApplyDirect odds to be computed.

ApplyDirect Target Price Odds to finish over 0.05

The tendency of ApplyDirect 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.05 90 days 0.05 
about 68.54
Based on a normal probability distribution, the odds of ApplyDirect to move above the current price in 90 days from now is about 68.54 (This ApplyDirect probability density function shows the probability of ApplyDirect Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.66 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ApplyDirect will likely underperform. Additionally ApplyDirect has an alpha of 0.2053, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ApplyDirect Price Density   
       Price  

Predictive Modules for ApplyDirect

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ApplyDirect. 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.
Hype
Prediction
LowEstimatedHigh
0.000.057.88
Details
Intrinsic
Valuation
LowRealHigh
0.000.047.87
Details

ApplyDirect Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ApplyDirect is not an exception. The market had few large corrections towards the ApplyDirect'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 ApplyDirect, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ApplyDirect within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.21
β
Beta against Dow Jones1.66
σ
Overall volatility
0
Ir
Information ratio 0.03

ApplyDirect 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 ApplyDirect for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ApplyDirect can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ApplyDirect had very high historical volatility over the last 90 days
ApplyDirect has some characteristics of a very speculative penny stock
ApplyDirect has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 4.26 M. Net Loss for the year was (1.31 M) with loss before overhead, payroll, taxes, and interest of (337.71 K).

ApplyDirect 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 ApplyDirect Stock often depends not only on the future outlook of the current and potential ApplyDirect'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. ApplyDirect's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding857.5 M
Cash And Short Term Investments164.1 K

ApplyDirect Technical Analysis

ApplyDirect's future price can be derived by breaking down and analyzing its technical indicators over time. ApplyDirect Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ApplyDirect. In general, you should focus on analyzing ApplyDirect Stock price patterns and their correlations with different microeconomic environments and drivers.

ApplyDirect Predictive Forecast Models

ApplyDirect's time-series forecasting models is one of many ApplyDirect'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 ApplyDirect'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 ApplyDirect

Checking the ongoing alerts about ApplyDirect for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ApplyDirect help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ApplyDirect had very high historical volatility over the last 90 days
ApplyDirect has some characteristics of a very speculative penny stock
ApplyDirect has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 4.26 M. Net Loss for the year was (1.31 M) with loss before overhead, payroll, taxes, and interest of (337.71 K).

Additional Tools for ApplyDirect Stock Analysis

When running ApplyDirect's price analysis, check to measure ApplyDirect's 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 ApplyDirect is operating at the current time. Most of ApplyDirect's value examination focuses on studying past and present price action to predict the probability of ApplyDirect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ApplyDirect's price. Additionally, you may evaluate how the addition of ApplyDirect to your portfolios can decrease your overall portfolio volatility.