First Advantage Corp Stock Probability of Future Stock Price Finishing Under 7.98
| FA Stock | USD 18.64 0.29 1.58% |
First |
First Advantage Target Price Odds to finish below 7.98
The tendency of First 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 drop to $ 7.98 or more in 90 days |
| 18.64 | 90 days | 7.98 | near 1 |
Based on a normal probability distribution, the odds of First Advantage to drop to $ 7.98 or more in 90 days from now is near 1 (This First Advantage Corp probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First Advantage Corp price to stay between $ 7.98 and its current price of $18.64 at the end of the 90-day period is about 31.42 .
Allowing for the 90-day total investment horizon First Advantage has a beta of 0.92. This usually indicates First Advantage Corp market returns are sensitive to returns on the market. As the market goes up or down, First Advantage is expected to follow. Additionally First Advantage Corp 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. First Advantage Price Density |
| Price |
Predictive Modules for First Advantage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Advantage 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.First Advantage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Advantage is not an exception. The market had few large corrections towards the First Advantage'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 First Advantage Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Advantage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.06 |
First Advantage 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 First Advantage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Advantage 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.| First Advantage Corp generated a negative expected return over the last 90 days | |
| First Advantage Corp has a very strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Market Participants Recognise First Advantage Corporations Revenues |
First Advantage 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 First Stock often depends not only on the future outlook of the current and potential First Advantage'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. First Advantage's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 146.2 M | |
| Cash And Short Term Investments | 213.8 M |
First Advantage Technical Analysis
First Advantage's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Advantage Corp. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.
First Advantage Predictive Forecast Models
First Advantage's time-series forecasting models is one of many First Advantage'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 First Advantage'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 First Advantage Corp
Checking the ongoing alerts about First Advantage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Advantage Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| First Advantage Corp generated a negative expected return over the last 90 days | |
| First Advantage Corp has a very strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Market Participants Recognise First Advantage Corporations Revenues |
Check out First Advantage Backtesting, First Advantage Valuation, First Advantage Correlation, First Advantage Hype Analysis, First Advantage Volatility, First Advantage History as well as First Advantage Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Advantage. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Advantage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share 0.03 | Revenue Per Share 5.259 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0309 |
The market value of First Advantage Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Advantage's value that differs from its market value or its book value, called intrinsic value, which is First Advantage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Advantage's market value can be influenced by many factors that don't directly affect First Advantage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Advantage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.