Audioeye Stock Odds of Future Stock Price Finishing Over 35.59
| AEYE Stock | USD 16.60 0.85 4.87% |
AudioEye |
AudioEye Target Price Odds to finish over 35.59
The tendency of AudioEye 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 $ 35.59 or more in 90 days |
| 16.60 | 90 days | 35.59 | near 1 |
Based on a normal probability distribution, the odds of AudioEye to move over $ 35.59 or more in 90 days from now is near 1 (This AudioEye probability density function shows the probability of AudioEye Stock to fall within a particular range of prices over 90 days) . Probability of AudioEye price to stay between its current price of $ 16.60 and $ 35.59 at the end of the 90-day period is about 97.0 .
Given the investment horizon of 90 days AudioEye has a beta of 0.85. This suggests AudioEye market returns are highly-sensitive to returns on the market. As the market goes up or down, AudioEye is expected to follow. Additionally AudioEye 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. AudioEye Price Density |
| Price |
Predictive Modules for AudioEye
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AudioEye. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AudioEye's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AudioEye Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AudioEye is not an exception. The market had few large corrections towards the AudioEye'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 AudioEye, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AudioEye within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 3.50 | |
Ir | Information ratio | -0.08 |
AudioEye 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 AudioEye for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AudioEye can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AudioEye generated a negative expected return over the last 90 days | |
| AudioEye has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 31.32 M. Net Loss for the year was (5.87 M) with profit before overhead, payroll, taxes, and interest of 22.69 M. | |
| AudioEye has a poor financial position based on the latest SEC disclosures | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Are Computer and Technology Stocks Lagging Audioeye This Year |
AudioEye 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 AudioEye Stock often depends not only on the future outlook of the current and potential AudioEye'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. AudioEye's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.8 M | |
| Cash And Short Term Investments | 9.2 M |
AudioEye Technical Analysis
AudioEye's future price can be derived by breaking down and analyzing its technical indicators over time. AudioEye Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AudioEye. In general, you should focus on analyzing AudioEye Stock price patterns and their correlations with different microeconomic environments and drivers.
AudioEye Predictive Forecast Models
AudioEye's time-series forecasting models is one of many AudioEye'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 AudioEye'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 AudioEye
Checking the ongoing alerts about AudioEye for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AudioEye help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AudioEye generated a negative expected return over the last 90 days | |
| AudioEye has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 31.32 M. Net Loss for the year was (5.87 M) with profit before overhead, payroll, taxes, and interest of 22.69 M. | |
| AudioEye has a poor financial position based on the latest SEC disclosures | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Are Computer and Technology Stocks Lagging Audioeye This Year |
Check out AudioEye Backtesting, AudioEye Valuation, AudioEye Correlation, AudioEye Hype Analysis, AudioEye Volatility, AudioEye History as well as AudioEye Performance. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Application Software 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 AudioEye. If investors know AudioEye 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 AudioEye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 2.824 | Quarterly Revenue Growth 0.139 | Return On Assets (0.01) | Return On Equity (0.44) |
The market value of AudioEye is measured differently than its book value, which is the value of AudioEye that is recorded on the company's balance sheet. Investors also form their own opinion of AudioEye's value that differs from its market value or its book value, called intrinsic value, which is AudioEye'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 AudioEye's market value can be influenced by many factors that don't directly affect AudioEye'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 AudioEye's value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioEye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioEye'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.