Afternext Healthtech Acquisition Probability of Future Stock Price Finishing Under 8.80
| AFTRDelisted Stock | USD 10.39 0.01 0.1% |
Afternext |
Afternext Healthtech Target Price Odds to finish below 8.80
The tendency of Afternext 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 drop to $ 8.80 or more in 90 days |
| 10.39 | 90 days | 8.80 | near 1 |
Based on a normal probability distribution, the odds of Afternext Healthtech to drop to $ 8.80 or more in 90 days from now is near 1 (This Afternext Healthtech Acquisition probability density function shows the probability of Afternext Stock to fall within a particular range of prices over 90 days) . Probability of Afternext Healthtech price to stay between $ 8.80 and its current price of $10.39 at the end of the 90-day period is more than 93.0 .
Given the investment horizon of 90 days Afternext Healthtech Acquisition has a beta of -0.0076. This suggests as returns on the benchmark increase, returns on holding Afternext Healthtech are expected to decrease at a much lower rate. During a bear market, however, Afternext Healthtech Acquisition is likely to outperform the market. Additionally Afternext Healthtech Acquisition has an alpha of 0.0139, implying that it can generate a 0.0139 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Afternext Healthtech Price Density |
| Price |
Predictive Modules for Afternext Healthtech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Afternext Healthtech. 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 Afternext Healthtech'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.
Afternext Healthtech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Afternext Healthtech is not an exception. The market had few large corrections towards the Afternext Healthtech'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 Afternext Healthtech Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Afternext Healthtech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0076 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.12 |
Afternext Healthtech 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 Afternext Healthtech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Afternext Healthtech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Afternext Healthtech is not yet fully synchronised with the market data | |
| Afternext Healthtech has a very high chance of going through financial distress in the upcoming years | |
| Afternext Healthtech Acquisition currently holds 2 M in liabilities. Afternext Healthtech has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Afternext Healthtech's use of debt, we should always consider it together with its cash and equity. | |
| Afternext Healthtech Acquisition currently holds about 1.17 M in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Over 90.0% of the company shares are held by institutions such as insurance companies |
Afternext Healthtech 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 Afternext Stock often depends not only on the future outlook of the current and potential Afternext Healthtech'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. Afternext Healthtech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.2 M | |
| Cash And Short Term Investments | 678.2 K |
Afternext Healthtech Technical Analysis
Afternext Healthtech's future price can be derived by breaking down and analyzing its technical indicators over time. Afternext Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Afternext Healthtech Acquisition. In general, you should focus on analyzing Afternext Stock price patterns and their correlations with different microeconomic environments and drivers.
Afternext Healthtech Predictive Forecast Models
Afternext Healthtech's time-series forecasting models is one of many Afternext Healthtech'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 Afternext Healthtech'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 Afternext Healthtech
Checking the ongoing alerts about Afternext Healthtech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Afternext Healthtech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Afternext Healthtech is not yet fully synchronised with the market data | |
| Afternext Healthtech has a very high chance of going through financial distress in the upcoming years | |
| Afternext Healthtech Acquisition currently holds 2 M in liabilities. Afternext Healthtech has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Afternext Healthtech's use of debt, we should always consider it together with its cash and equity. | |
| Afternext Healthtech Acquisition currently holds about 1.17 M in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Over 90.0% of the company shares are held by institutions such as insurance companies |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in Afternext Stock
If you are still planning to invest in Afternext Healthtech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Afternext Healthtech's history and understand the potential risks before investing.
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