Borqs Technologies Probability of Future Stock Price Finishing Over 0.3
| BRQSDelisted Stock | USD 0.20 0.00 0.00% |
Borqs |
Borqs Technologies Target Price Odds to finish over 0.3
The tendency of Borqs 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 $ 0.30 or more in 90 days |
| 0.20 | 90 days | 0.30 | near 1 |
Based on a normal probability distribution, the odds of Borqs Technologies to move over $ 0.30 or more in 90 days from now is near 1 (This Borqs Technologies probability density function shows the probability of Borqs Stock to fall within a particular range of prices over 90 days) . Probability of Borqs Technologies price to stay between its current price of $ 0.20 and $ 0.30 at the end of the 90-day period is about 65.53 .
Given the investment horizon of 90 days Borqs Technologies has a beta of -0.0961 suggesting as returns on the benchmark increase, returns on holding Borqs Technologies are expected to decrease at a much lower rate. During a bear market, however, Borqs Technologies is likely to outperform the market. Additionally Borqs Technologies 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. Borqs Technologies Price Density |
| Price |
Predictive Modules for Borqs Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Borqs Technologies. 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.Borqs Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Borqs Technologies is not an exception. The market had few large corrections towards the Borqs Technologies' 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 Borqs Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Borqs Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.02 |
Borqs Technologies 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 Borqs Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Borqs Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Borqs Technologies is not yet fully synchronised with the market data | |
| Borqs Technologies has some characteristics of a very speculative penny stock | |
| Borqs Technologies has a very high chance of going through financial distress in the upcoming years | |
| Borqs Technologies currently holds 2.27 M in liabilities with Debt to Equity (D/E) ratio of 0.5, which is about average as compared to similar companies. Borqs Technologies has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Borqs Technologies' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 52.54 M. Net Loss for the year was (38.86 M) with profit before overhead, payroll, taxes, and interest of 2.61 M. | |
| Borqs Technologies currently holds about 18.45 M in cash with (5.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 60.0% of Borqs Technologies shares are held by company insiders |
Borqs Technologies 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 Borqs Stock often depends not only on the future outlook of the current and potential Borqs Technologies' 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. Borqs Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23 M | |
| Cash And Short Term Investments | 12.7 M |
Borqs Technologies Technical Analysis
Borqs Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Borqs Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Borqs Technologies. In general, you should focus on analyzing Borqs Stock price patterns and their correlations with different microeconomic environments and drivers.
Borqs Technologies Predictive Forecast Models
Borqs Technologies' time-series forecasting models is one of many Borqs Technologies' 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 Borqs Technologies' 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 Borqs Technologies
Checking the ongoing alerts about Borqs Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Borqs Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Borqs Technologies is not yet fully synchronised with the market data | |
| Borqs Technologies has some characteristics of a very speculative penny stock | |
| Borqs Technologies has a very high chance of going through financial distress in the upcoming years | |
| Borqs Technologies currently holds 2.27 M in liabilities with Debt to Equity (D/E) ratio of 0.5, which is about average as compared to similar companies. Borqs Technologies has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Borqs Technologies' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 52.54 M. Net Loss for the year was (38.86 M) with profit before overhead, payroll, taxes, and interest of 2.61 M. | |
| Borqs Technologies currently holds about 18.45 M in cash with (5.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 60.0% of Borqs Technologies shares are held by company insiders |
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 producer price index. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Borqs Stock
If you are still planning to invest in Borqs Technologies 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 Borqs Technologies' history and understand the potential risks before investing.
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