Expensify Stock Probability of Future Stock Price Finishing Over 15.86
| EXFY Stock | USD 3.52 0.02 0.56% |
Expensify |
Expensify Target Price Odds to finish over 15.86
The tendency of Expensify 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 $ 15.86 or more in 90 days |
| 3.52 | 90 days | 15.86 | close to zero percent |
Based on a normal probability distribution, the odds of Expensify to move over $ 15.86 or more in 90 days from now is close to zero percent (This Expensify probability density function shows the probability of Expensify Stock to fall within a particular range of prices over 90 days) . Probability of Expensify price to stay between its current price of $ 3.52 and $ 15.86 at the end of the 90-day period is about 10.92 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.47 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Expensify will likely underperform. Additionally Expensify has an alpha of 0.7515, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Expensify Price Density |
| Price |
Predictive Modules for Expensify
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Expensify. 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.Expensify Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Expensify is not an exception. The market had few large corrections towards the Expensify'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 Expensify, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Expensify within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | 1.47 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | 0.16 |
Expensify 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 Expensify for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Expensify can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Expensify appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 150.69 M. Net Loss for the year was (41.46 M) with profit before overhead, payroll, taxes, and interest of 106.83 M. | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: EXPENSIFY ALERT Bragar Eagel Squire, P.C. is Investigating Expensify, Inc. ... |
Expensify 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 Expensify Stock often depends not only on the future outlook of the current and potential Expensify'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. Expensify's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 82.5 M | |
| Cash And Short Term Investments | 47.5 M |
Expensify Technical Analysis
Expensify's future price can be derived by breaking down and analyzing its technical indicators over time. Expensify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Expensify. In general, you should focus on analyzing Expensify Stock price patterns and their correlations with different microeconomic environments and drivers.
Expensify Predictive Forecast Models
Expensify's time-series forecasting models is one of many Expensify'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 Expensify'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 Expensify
Checking the ongoing alerts about Expensify for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Expensify help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Expensify appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 150.69 M. Net Loss for the year was (41.46 M) with profit before overhead, payroll, taxes, and interest of 106.83 M. | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: EXPENSIFY ALERT Bragar Eagel Squire, P.C. is Investigating Expensify, Inc. ... |
Additional Tools for Expensify Stock Analysis
When running Expensify's price analysis, check to measure Expensify'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 Expensify is operating at the current time. Most of Expensify's value examination focuses on studying past and present price action to predict the probability of Expensify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expensify's price. Additionally, you may evaluate how the addition of Expensify to your portfolios can decrease your overall portfolio volatility.