Athena Technology Acquisition Stock Probability of Future Stock Price Finishing Under 11.5
| ATEK Stock | USD 1.00 10.33 91.17% |
Athena |
Athena Technology Target Price Odds to finish below 11.5
The tendency of Athena 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 under $ 11.50 after 90 days |
| 1.00 | 90 days | 11.50 | about 48.68 |
Based on a normal probability distribution, the odds of Athena Technology to stay under $ 11.50 after 90 days from now is about 48.68 (This Athena Technology Acquisition probability density function shows the probability of Athena Stock to fall within a particular range of prices over 90 days) . Probability of Athena Technology price to stay between its current price of $ 1.00 and $ 11.50 at the end of the 90-day period is about 48.77 .
Given the investment horizon of 90 days Athena Technology has a beta of 0.53. This suggests as returns on the market go up, Athena Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Athena Technology Acquisition will be expected to be much smaller as well. Additionally Athena Technology Acquisition 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. Athena Technology Price Density |
| Price |
Predictive Modules for Athena Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Athena 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Athena Technology'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.
Athena Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Athena Technology is not an exception. The market had few large corrections towards the Athena Technology'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 Athena Technology Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Athena Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.43 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.13 |
Athena Technology 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 Athena Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Athena 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.| Athena Technology generated a negative expected return over the last 90 days | |
| Athena Technology has high historical volatility and very poor performance | |
| Athena Technology has some characteristics of a very speculative penny stock | |
| Athena Technology has high likelihood to experience some financial distress in the next 2 years | |
| Athena Technology Acquisition currently holds about 722.3 K in cash with (896.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Athena Technology has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: NYSE American to Commence Delisting Proceedings Against Athena Technology Acquisition Corp. II |
Athena Technology 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 Athena Stock often depends not only on the future outlook of the current and potential Athena Technology'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. Athena Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12 M |
Athena Technology Technical Analysis
Athena Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Athena Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Athena Technology Acquisition. In general, you should focus on analyzing Athena Stock price patterns and their correlations with different microeconomic environments and drivers.
Athena Technology Predictive Forecast Models
Athena Technology's time-series forecasting models is one of many Athena Technology'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 Athena Technology'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 Athena Technology
Checking the ongoing alerts about Athena Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Athena Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Athena Technology generated a negative expected return over the last 90 days | |
| Athena Technology has high historical volatility and very poor performance | |
| Athena Technology has some characteristics of a very speculative penny stock | |
| Athena Technology has high likelihood to experience some financial distress in the next 2 years | |
| Athena Technology Acquisition currently holds about 722.3 K in cash with (896.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Athena Technology has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: NYSE American to Commence Delisting Proceedings Against Athena Technology Acquisition Corp. II |
Check out Athena Technology Backtesting, Athena Technology Valuation, Athena Technology Correlation, Athena Technology Hype Analysis, Athena Technology Volatility, Athena Technology History as well as Athena Technology Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Asset Management & Custody Banks 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 Athena Technology. If investors know Athena 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 Athena Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.06) | Return On Assets (0.07) |
The market value of Athena Technology is measured differently than its book value, which is the value of Athena that is recorded on the company's balance sheet. Investors also form their own opinion of Athena Technology's value that differs from its market value or its book value, called intrinsic value, which is Athena Technology'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 Athena Technology's market value can be influenced by many factors that don't directly affect Athena Technology'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 Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology'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.