African Discovery Group Stock Probability of Future Pink Sheet Price Finishing Over 4.55
| AFDG Stock | USD 0 0 33.33% |
African |
African Discovery Target Price Odds to finish over 4.55
The tendency of African 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 over $ 4.55 or more in 90 days |
| 0 | 90 days | 4.55 | close to zero percent |
Based on a normal probability distribution, the odds of African Discovery to move over $ 4.55 or more in 90 days from now is close to zero percent (This African Discovery Group probability density function shows the probability of African Pink Sheet to fall within a particular range of prices over 90 days) . Probability of African Discovery price to stay between its current price of $ 0 and $ 4.55 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days African Discovery Group has a beta of -0.26. This suggests as returns on the benchmark increase, returns on holding African Discovery are expected to decrease at a much lower rate. During a bear market, however, African Discovery Group is likely to outperform the market. Additionally African Discovery Group 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. African Discovery Price Density |
| Price |
Predictive Modules for African Discovery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as African Discovery. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of African Discovery'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.
African Discovery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. African Discovery is not an exception. The market had few large corrections towards the African Discovery'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 African Discovery Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of African Discovery within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.7 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.0007 | |
Ir | Information ratio | -0.19 |
African Discovery 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 African Discovery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for African Discovery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| African Discovery generated a negative expected return over the last 90 days | |
| African Discovery has some characteristics of a very speculative penny stock | |
| African Discovery has high historical volatility and very poor performance | |
| African Discovery Group currently holds 4.13 M in liabilities with Debt to Equity (D/E) ratio of 5.66, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. African Discovery has a current ratio of 0.23, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist African Discovery until it has trouble settling it off, either with new capital or with free cash flow. So, African Discovery's 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 African Discovery sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for African to invest in growth at high rates of return. When we think about African Discovery's use of debt, we should always consider it together with cash and equity. |
African Discovery Technical Analysis
African Discovery's future price can be derived by breaking down and analyzing its technical indicators over time. African Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of African Discovery Group. In general, you should focus on analyzing African Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
African Discovery Predictive Forecast Models
African Discovery's time-series forecasting models is one of many African Discovery's 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 African Discovery'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 pink sheet market movement and maximize returns from investment trading.
Things to note about African Discovery
Checking the ongoing alerts about African Discovery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for African Discovery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| African Discovery generated a negative expected return over the last 90 days | |
| African Discovery has some characteristics of a very speculative penny stock | |
| African Discovery has high historical volatility and very poor performance | |
| African Discovery Group currently holds 4.13 M in liabilities with Debt to Equity (D/E) ratio of 5.66, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. African Discovery has a current ratio of 0.23, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist African Discovery until it has trouble settling it off, either with new capital or with free cash flow. So, African Discovery's 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 African Discovery sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for African to invest in growth at high rates of return. When we think about African Discovery's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in African Pink Sheet
African Discovery financial ratios help investors to determine whether African Pink Sheet 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 African with respect to the benefits of owning African Discovery security.