Ainsworth Game (Australia) Probability of Future Stock Price Finishing Over 8.95
| AGI Stock | 0.76 0.04 5.00% |
Ainsworth |
Ainsworth Game Target Price Odds to finish over 8.95
The tendency of Ainsworth 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 8.95 or more in 90 days |
| 0.76 | 90 days | 8.95 | close to zero percent |
Based on a normal probability distribution, the odds of Ainsworth Game to move over 8.95 or more in 90 days from now is close to zero percent (This Ainsworth Game Technology probability density function shows the probability of Ainsworth Stock to fall within a particular range of prices over 90 days) . Probability of Ainsworth Game Technology price to stay between its current price of 0.76 and 8.95 at the end of the 90-day period is about 50.0 .
Assuming the 90 days trading horizon Ainsworth Game Technology has a beta of -0.0386. This suggests as returns on the benchmark increase, returns on holding Ainsworth Game are expected to decrease at a much lower rate. During a bear market, however, Ainsworth Game Technology is likely to outperform the market. Additionally Ainsworth Game Technology 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. Ainsworth Game Price Density |
| Price |
Predictive Modules for Ainsworth Game
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ainsworth Game Technology. 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.Ainsworth Game Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ainsworth Game is not an exception. The market had few large corrections towards the Ainsworth Game'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 Ainsworth Game Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ainsworth Game within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
Ainsworth Game 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 Ainsworth Game for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ainsworth Game Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ainsworth Game generated a negative expected return over the last 90 days | |
| Ainsworth Game has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 284.86 M. Net Loss for the year was (9.04 M) with profit before overhead, payroll, taxes, and interest of 138.02 M. | |
| About 63.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Returns On Capital Are Showing Encouraging Signs At Ainsworth Game Technology - Yahoo Finance |
Ainsworth Game 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 Ainsworth Stock often depends not only on the future outlook of the current and potential Ainsworth Game'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. Ainsworth Game's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 336.8 M | |
| Cash And Short Term Investments | 23.7 M |
Ainsworth Game Technical Analysis
Ainsworth Game's future price can be derived by breaking down and analyzing its technical indicators over time. Ainsworth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ainsworth Game Technology. In general, you should focus on analyzing Ainsworth Stock price patterns and their correlations with different microeconomic environments and drivers.
Ainsworth Game Predictive Forecast Models
Ainsworth Game's time-series forecasting models is one of many Ainsworth Game'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 Ainsworth Game'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 Ainsworth Game Technology
Checking the ongoing alerts about Ainsworth Game for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ainsworth Game Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ainsworth Game generated a negative expected return over the last 90 days | |
| Ainsworth Game has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 284.86 M. Net Loss for the year was (9.04 M) with profit before overhead, payroll, taxes, and interest of 138.02 M. | |
| About 63.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Returns On Capital Are Showing Encouraging Signs At Ainsworth Game Technology - Yahoo Finance |
Additional Tools for Ainsworth Stock Analysis
When running Ainsworth Game's price analysis, check to measure Ainsworth Game'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 Ainsworth Game is operating at the current time. Most of Ainsworth Game's value examination focuses on studying past and present price action to predict the probability of Ainsworth Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ainsworth Game's price. Additionally, you may evaluate how the addition of Ainsworth Game to your portfolios can decrease your overall portfolio volatility.