Fentura Financial Stock Probability of Future OTC Stock Price Finishing Under 23.41
| FETM Stock | USD 45.03 1.07 2.32% |
Fentura |
Fentura Financial Target Price Odds to finish below 23.41
The tendency of Fentura OTC 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 $ 23.41 or more in 90 days |
| 45.03 | 90 days | 23.41 | near 1 |
Based on a normal probability distribution, the odds of Fentura Financial to drop to $ 23.41 or more in 90 days from now is near 1 (This Fentura Financial probability density function shows the probability of Fentura OTC Stock to fall within a particular range of prices over 90 days) . Probability of Fentura Financial price to stay between $ 23.41 and its current price of $45.03 at the end of the 90-day period is about 83.67 .
Given the investment horizon of 90 days the otc stock has the beta coefficient of 1.16 . 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, Fentura Financial will likely underperform. Additionally Fentura Financial has an alpha of 0.1458, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fentura Financial Price Density |
| Price |
Predictive Modules for Fentura Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fentura Financial. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fentura Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fentura Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fentura Financial is not an exception. The market had few large corrections towards the Fentura Financial'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 Fentura Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fentura Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 3.28 | |
Ir | Information ratio | 0.09 |
Fentura Financial 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 Fentura OTC Stock often depends not only on the future outlook of the current and potential Fentura Financial'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. Fentura Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 M |
Fentura Financial Technical Analysis
Fentura Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Fentura OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fentura Financial. In general, you should focus on analyzing Fentura OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Fentura Financial Predictive Forecast Models
Fentura Financial's time-series forecasting models is one of many Fentura Financial's otc 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 Fentura Financial'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 otc stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fentura Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fentura Financial's short interest history, or implied volatility extrapolated from Fentura Financial options trading.
Other Information on Investing in Fentura OTC Stock
Fentura Financial financial ratios help investors to determine whether Fentura OTC Stock 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 Fentura with respect to the benefits of owning Fentura Financial security.