Elixinol Wellness (Australia) Probability of Future Stock Price Finishing Over 0.0391
| EXL Stock | 0.05 0.01 31.43% |
Elixinol |
Elixinol Wellness Target Price Odds to finish over 0.0391
The tendency of Elixinol 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 above 0.04 in 90 days |
| 0.05 | 90 days | 0.04 | about 28.24 |
Based on a normal probability distribution, the odds of Elixinol Wellness to stay above 0.04 in 90 days from now is about 28.24 (This Elixinol Wellness Limited probability density function shows the probability of Elixinol Stock to fall within a particular range of prices over 90 days) . Probability of Elixinol Wellness price to stay between 0.04 and its current price of 0.046 at the end of the 90-day period is about 26.21 .
Assuming the 90 days trading horizon Elixinol Wellness Limited has a beta of -3.43 suggesting as returns on its benchmark rise, returns on holding Elixinol Wellness Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Elixinol Wellness is expected to outperform its benchmark. Moreover Elixinol Wellness Limited has an alpha of 1.0402, implying that it can generate a 1.04 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Elixinol Wellness Price Density |
| Price |
Predictive Modules for Elixinol Wellness
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elixinol Wellness. 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.Elixinol Wellness Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elixinol Wellness is not an exception. The market had few large corrections towards the Elixinol Wellness' 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 Elixinol Wellness Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elixinol Wellness within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.04 | |
β | Beta against Dow Jones | -3.43 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Elixinol Wellness 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 Elixinol Wellness for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elixinol Wellness can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Elixinol Wellness is way too risky over 90 days horizon | |
| Elixinol Wellness has some characteristics of a very speculative penny stock | |
| Elixinol Wellness appears to be risky and price may revert if volatility continues | |
| Elixinol Wellness has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.27 M. Net Loss for the year was (7.51 M) with profit before overhead, payroll, taxes, and interest of 2.98 M. | |
| Elixinol Wellness generates negative cash flow from operations | |
| About 58.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Elixinol Wellness Completes Securities Consolidation - MSN |
Elixinol Wellness 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 Elixinol Stock often depends not only on the future outlook of the current and potential Elixinol Wellness' 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. Elixinol Wellness' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 608.7 M | |
| Cash And Short Term Investments | 708 K |
Elixinol Wellness Technical Analysis
Elixinol Wellness' future price can be derived by breaking down and analyzing its technical indicators over time. Elixinol Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elixinol Wellness Limited. In general, you should focus on analyzing Elixinol Stock price patterns and their correlations with different microeconomic environments and drivers.
Elixinol Wellness Predictive Forecast Models
Elixinol Wellness' time-series forecasting models is one of many Elixinol Wellness' 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 Elixinol Wellness' 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 Elixinol Wellness
Checking the ongoing alerts about Elixinol Wellness for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elixinol Wellness help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Elixinol Wellness is way too risky over 90 days horizon | |
| Elixinol Wellness has some characteristics of a very speculative penny stock | |
| Elixinol Wellness appears to be risky and price may revert if volatility continues | |
| Elixinol Wellness has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.27 M. Net Loss for the year was (7.51 M) with profit before overhead, payroll, taxes, and interest of 2.98 M. | |
| Elixinol Wellness generates negative cash flow from operations | |
| About 58.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Elixinol Wellness Completes Securities Consolidation - MSN |
Additional Tools for Elixinol Stock Analysis
When running Elixinol Wellness' price analysis, check to measure Elixinol Wellness' 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 Elixinol Wellness is operating at the current time. Most of Elixinol Wellness' value examination focuses on studying past and present price action to predict the probability of Elixinol Wellness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elixinol Wellness' price. Additionally, you may evaluate how the addition of Elixinol Wellness to your portfolios can decrease your overall portfolio volatility.