First Advantage Corp Stock Probability of Future Stock Price Finishing Under 9.76
| FA Stock | USD 18.68 0.03 0.16% |
First |
First Advantage Target Price Odds to finish below 9.76
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 $ 9.76 or more in 90 days |
| 18.68 | 90 days | 9.76 | near 1 |
Based on a normal probability distribution, the odds of First Advantage to drop to $ 9.76 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 $ 9.76 and its current price of $18.68 at the end of the 90-day period is about 34.67 .
Allowing for the 90-day total investment horizon First Advantage has a beta of 0.52. This usually indicates as returns on the market go up, First Advantage average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Advantage Corp will be expected to be much smaller as well. 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 | -0.06 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.03 |
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 businesswire.com: Aston Villa Football Club to Honour 150th Anniversary at FA Cup Third Round Clash |
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.