Imac Holdings Stock Probability of Future Stock Price Finishing Under 1.19
| BACK Stock | USD 1.21 0.09 8.04% |
IMAC |
IMAC Holdings Target Price Odds to finish below 1.19
The tendency of IMAC 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 $ 1.19 or more in 90 days |
| 1.21 | 90 days | 1.19 | about 62.27 |
Based on a normal probability distribution, the odds of IMAC Holdings to drop to $ 1.19 or more in 90 days from now is about 62.27 (This IMAC Holdings probability density function shows the probability of IMAC Stock to fall within a particular range of prices over 90 days) . Probability of IMAC Holdings price to stay between $ 1.19 and its current price of $1.21 at the end of the 90-day period is about 7.69 .
Given the investment horizon of 90 days IMAC Holdings has a beta of 0.91 suggesting IMAC Holdings market returns are very sensitive to returns on the market. As the market goes up or down, IMAC Holdings is expected to follow. Additionally IMAC Holdings 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. IMAC Holdings Price Density |
| Price |
Predictive Modules for IMAC Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IMAC Holdings. 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 IMAC Holdings' 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.
IMAC Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IMAC Holdings is not an exception. The market had few large corrections towards the IMAC Holdings' 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 IMAC Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IMAC Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.91 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.02 |
IMAC Holdings 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 IMAC Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IMAC Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IMAC Holdings may become a speculative penny stock | |
| IMAC Holdings had very high historical volatility over the last 90 days | |
| IMAC Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.2 M. Net Loss for the year was (9.42 M) with profit before overhead, payroll, taxes, and interest of 18.34 K. | |
| IMAC Holdings currently holds about 1.61 M in cash with (2.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| IMAC Holdings has a poor financial position based on the latest SEC disclosures | |
| Latest headline from prnewswire.com: 75 PERCENT OF BUILDERS OFFERED INCENTIVES AS BUYERS JUMPED BACK IN POST-ELECTION |
IMAC Holdings 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 IMAC Stock often depends not only on the future outlook of the current and potential IMAC Holdings' 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. IMAC Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 M | |
| Cash And Short Term Investments | 221.5 K |
IMAC Holdings Technical Analysis
IMAC Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. IMAC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IMAC Holdings. In general, you should focus on analyzing IMAC Stock price patterns and their correlations with different microeconomic environments and drivers.
IMAC Holdings Predictive Forecast Models
IMAC Holdings' time-series forecasting models is one of many IMAC Holdings' 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 IMAC Holdings' 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 IMAC Holdings
Checking the ongoing alerts about IMAC Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IMAC Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IMAC Holdings may become a speculative penny stock | |
| IMAC Holdings had very high historical volatility over the last 90 days | |
| IMAC Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.2 M. Net Loss for the year was (9.42 M) with profit before overhead, payroll, taxes, and interest of 18.34 K. | |
| IMAC Holdings currently holds about 1.61 M in cash with (2.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| IMAC Holdings has a poor financial position based on the latest SEC disclosures | |
| Latest headline from prnewswire.com: 75 PERCENT OF BUILDERS OFFERED INCENTIVES AS BUYERS JUMPED BACK IN POST-ELECTION |
Check out IMAC Holdings Backtesting, IMAC Holdings Valuation, IMAC Holdings Correlation, IMAC Holdings Hype Analysis, IMAC Holdings Volatility, IMAC Holdings History as well as IMAC Holdings Performance. For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.81) | Revenue Per Share 7.719 | Quarterly Revenue Growth (0.59) | Return On Assets (0.38) | Return On Equity (3.32) |
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.