Asure Software Stock Probability of Future Stock Price Finishing Over 9.23
| ASUR Stock | USD 9.35 0.14 1.48% |
Asure |
Asure Software Target Price Odds to finish over 9.23
The tendency of Asure 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 stay above $ 9.23 in 90 days |
| 9.35 | 90 days | 9.23 | about 46.21 |
Based on a normal probability distribution, the odds of Asure Software to stay above $ 9.23 in 90 days from now is about 46.21 (This Asure Software probability density function shows the probability of Asure Stock to fall within a particular range of prices over 90 days) . Probability of Asure Software price to stay between $ 9.23 and its current price of $9.35 at the end of the 90-day period is about 11.04 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.23 . 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, Asure Software will likely underperform. Additionally Asure Software has an alpha of 0.0385, implying that it can generate a 0.0385 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Asure Software Price Density |
| Price |
Predictive Modules for Asure Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asure Software. 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 Asure Software'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.
Asure Software Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asure Software is not an exception. The market had few large corrections towards the Asure Software'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 Asure Software, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asure Software within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | 0.01 |
Asure Software 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 Asure Software for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asure Software can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asure Software had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 119.08 M. Net Loss for the year was (9.21 M) with profit before overhead, payroll, taxes, and interest of 62.51 M. | |
| Asure Software has a frail financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Finance and HR Software Stocks Q3 In Review Intuit Vs Peers |
Asure Software 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 Asure Stock often depends not only on the future outlook of the current and potential Asure Software'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. Asure Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.1 M | |
| Cash And Short Term Investments | 30.3 M |
Asure Software Technical Analysis
Asure Software's future price can be derived by breaking down and analyzing its technical indicators over time. Asure Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asure Software. In general, you should focus on analyzing Asure Stock price patterns and their correlations with different microeconomic environments and drivers.
Asure Software Predictive Forecast Models
Asure Software's time-series forecasting models is one of many Asure Software'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 Asure Software'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 Asure Software
Checking the ongoing alerts about Asure Software for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asure Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asure Software had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 119.08 M. Net Loss for the year was (9.21 M) with profit before overhead, payroll, taxes, and interest of 62.51 M. | |
| Asure Software has a frail financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Finance and HR Software Stocks Q3 In Review Intuit Vs Peers |
Additional Tools for Asure Stock Analysis
When running Asure Software's price analysis, check to measure Asure Software'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 Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.