Edible Garden Ag Stock Probability of Future Stock Price Finishing Under 0.0416
| EDBLW Stock | USD 0.01 0.0001 0.79% |
Edible |
Edible Garden Target Price Odds to finish below 0.0416
The tendency of Edible 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 $ 0.04 after 90 days |
| 0.01 | 90 days | 0.04 | close to 99 |
Based on a normal probability distribution, the odds of Edible Garden to stay under $ 0.04 after 90 days from now is close to 99 (This Edible Garden AG probability density function shows the probability of Edible Stock to fall within a particular range of prices over 90 days) . Probability of Edible Garden AG price to stay between its current price of $ 0.01 and $ 0.04 at the end of the 90-day period is about 72.85 .
Assuming the 90 days horizon Edible Garden AG has a beta of -1.63 suggesting as returns on its benchmark rise, returns on holding Edible Garden AG are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Edible Garden is expected to outperform its benchmark. In addition to that Edible Garden AG has an alpha of 6.3861, implying that it can generate a 6.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Edible Garden Price Density |
| Price |
Predictive Modules for Edible Garden
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edible Garden AG. 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.Edible Garden Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edible Garden is not an exception. The market had few large corrections towards the Edible Garden'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 Edible Garden AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edible Garden within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 6.39 | |
β | Beta against Dow Jones | -1.63 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.15 |
Edible Garden 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 Edible Garden for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edible Garden AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edible Garden AG is way too risky over 90 days horizon | |
| Edible Garden AG has some characteristics of a very speculative penny stock | |
| Edible Garden AG appears to be risky and price may revert if volatility continues | |
| Edible Garden AG has high likelihood to experience some financial distress in the next 2 years | |
| Edible Garden AG has accumulated 4.46 M in total debt. Edible Garden AG has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Edible Garden's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 14.05 M. Net Loss for the year was (10.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Edible Garden AG has accumulated about 31 K in cash with (8.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Edible Garden AG has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Dario Pressimone Joins Edible Garden as Vice President of Digital and E-Commerce |
Edible Garden 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 Edible Stock often depends not only on the future outlook of the current and potential Edible Garden'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. Edible Garden's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 170 K | |
| Cash And Short Term Investments | 510 K |
Edible Garden Technical Analysis
Edible Garden's future price can be derived by breaking down and analyzing its technical indicators over time. Edible Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edible Garden AG. In general, you should focus on analyzing Edible Stock price patterns and their correlations with different microeconomic environments and drivers.
Edible Garden Predictive Forecast Models
Edible Garden's time-series forecasting models is one of many Edible Garden'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 Edible Garden'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 Edible Garden AG
Checking the ongoing alerts about Edible Garden for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edible Garden AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edible Garden AG is way too risky over 90 days horizon | |
| Edible Garden AG has some characteristics of a very speculative penny stock | |
| Edible Garden AG appears to be risky and price may revert if volatility continues | |
| Edible Garden AG has high likelihood to experience some financial distress in the next 2 years | |
| Edible Garden AG has accumulated 4.46 M in total debt. Edible Garden AG has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Edible Garden's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 14.05 M. Net Loss for the year was (10.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Edible Garden AG has accumulated about 31 K in cash with (8.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Edible Garden AG has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Dario Pressimone Joins Edible Garden as Vice President of Digital and E-Commerce |
Additional Tools for Edible Stock Analysis
When running Edible Garden's price analysis, check to measure Edible Garden'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 Edible Garden is operating at the current time. Most of Edible Garden's value examination focuses on studying past and present price action to predict the probability of Edible Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edible Garden's price. Additionally, you may evaluate how the addition of Edible Garden to your portfolios can decrease your overall portfolio volatility.