Friendable Stock Probability of Future Pink Sheet Price Finishing Over 1.0E-4
FDBL Stock | USD 0.0001 0.00 0.00% |
Friendable |
Friendable Target Price Odds to finish over 1.0E-4
The tendency of Friendable Pink Sheet 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 above the current price in 90 days |
0.0001 | 90 days | 0.0001 | about 59.41 |
Based on a normal probability distribution, the odds of Friendable to move above the current price in 90 days from now is about 59.41 (This Friendable probability density function shows the probability of Friendable Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.32 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Friendable will likely underperform. Additionally Friendable has an alpha of 0.7182, implying that it can generate a 0.72 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Friendable Price Density |
Price |
Predictive Modules for Friendable
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Friendable. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Friendable Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Friendable is not an exception. The market had few large corrections towards the Friendable'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 Friendable, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Friendable within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.72 | |
β | Beta against Dow Jones | 1.32 | |
σ | Overall volatility | 0.000021 | |
Ir | Information ratio | 0.05 |
Friendable 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 Friendable for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Friendable can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Friendable is way too risky over 90 days horizon | |
Friendable has some characteristics of a very speculative penny stock | |
Friendable appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 6.63 K. Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 6.63 K. | |
Friendable currently holds about 24.26 K in cash with (2.3 M) of positive cash flow from operations. |
Friendable 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 Friendable Pink Sheet often depends not only on the future outlook of the current and potential Friendable'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. Friendable's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 267.3 M | |
Cash And Short Term Investments | 253.5 K |
Friendable Technical Analysis
Friendable's future price can be derived by breaking down and analyzing its technical indicators over time. Friendable Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Friendable. In general, you should focus on analyzing Friendable Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Friendable Predictive Forecast Models
Friendable's time-series forecasting models is one of many Friendable's pink sheet 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 Friendable'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Friendable
Checking the ongoing alerts about Friendable for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Friendable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Friendable is way too risky over 90 days horizon | |
Friendable has some characteristics of a very speculative penny stock | |
Friendable appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 6.63 K. Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 6.63 K. | |
Friendable currently holds about 24.26 K in cash with (2.3 M) of positive cash flow from operations. |
Other Information on Investing in Friendable Pink Sheet
Friendable financial ratios help investors to determine whether Friendable Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Friendable with respect to the benefits of owning Friendable security.