CONX Corp Probability of Future Stock Price Finishing Under 10.43
| CONXUDelisted Stock | USD 10.43 0.00 0.00% |
CONX |
CONX Corp Target Price Odds to finish below 10.43
The tendency of CONX 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 below current price in 90 days |
| 10.43 | 90 days | 10.43 | about 82.03 |
Based on a normal probability distribution, the odds of CONX Corp to move below current price in 90 days from now is about 82.03 (This CONX Corp probability density function shows the probability of CONX Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon CONX Corp has a beta of 0.0433 suggesting as returns on the market go up, CONX Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CONX Corp will be expected to be much smaller as well. Additionally CONX Corp has an alpha of 0.0148, implying that it can generate a 0.0148 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CONX Corp Price Density |
| Price |
Predictive Modules for CONX Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CONX Corp. 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 CONX Corp'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.
CONX Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CONX Corp is not an exception. The market had few large corrections towards the CONX Corp'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 CONX Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CONX Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.11 |
CONX Corp 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 CONX Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CONX Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CONX Corp is not yet fully synchronised with the market data | |
| CONX Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CONX Corp has accumulated about 446.79 K in cash with (1.79 M) of positive cash flow from operations. |
CONX Corp 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 CONX Stock often depends not only on the future outlook of the current and potential CONX Corp'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. CONX Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.8 M | |
| Cash And Short Term Investments | 8162.00 |
CONX Corp Technical Analysis
CONX Corp's future price can be derived by breaking down and analyzing its technical indicators over time. CONX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CONX Corp. In general, you should focus on analyzing CONX Stock price patterns and their correlations with different microeconomic environments and drivers.
CONX Corp Predictive Forecast Models
CONX Corp's time-series forecasting models is one of many CONX Corp'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 CONX Corp'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 CONX Corp
Checking the ongoing alerts about CONX Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CONX Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CONX Corp is not yet fully synchronised with the market data | |
| CONX Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CONX Corp has accumulated about 446.79 K in cash with (1.79 M) of positive cash flow from operations. |
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 interest. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in CONX Stock
If you are still planning to invest in CONX Corp 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 CONX Corp's history and understand the potential risks before investing.
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