Franklin Wireless Corp Stock Probability of Future Stock Price Finishing Under 4.07
| FKWL Stock | USD 4.30 0.27 6.70% |
Franklin |
Franklin Wireless Target Price Odds to finish below 4.07
The tendency of Franklin 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 $ 4.07 or more in 90 days |
| 4.30 | 90 days | 4.07 | under 4 |
Based on a normal probability distribution, the odds of Franklin Wireless to drop to $ 4.07 or more in 90 days from now is under 4 (This Franklin Wireless Corp probability density function shows the probability of Franklin Stock to fall within a particular range of prices over 90 days) . Probability of Franklin Wireless Corp price to stay between $ 4.07 and its current price of $4.3 at the end of the 90-day period is about 46.15 .
Given the investment horizon of 90 days Franklin Wireless has a beta of 0.91. This usually indicates Franklin Wireless Corp market returns are very sensitive to returns on the market. As the market goes up or down, Franklin Wireless is expected to follow. Additionally Franklin Wireless Corp has an alpha of 0.0906, implying that it can generate a 0.0906 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Franklin Wireless Price Density |
| Price |
Predictive Modules for Franklin Wireless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Wireless 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Wireless' 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.
Franklin Wireless Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Wireless is not an exception. The market had few large corrections towards the Franklin Wireless' 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 Franklin Wireless Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Wireless within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.91 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | 0.04 |
Franklin Wireless 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 Franklin Wireless for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Wireless 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.| Franklin Wireless generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 30.8 M. Net Loss for the year was (4.17 M) with profit before overhead, payroll, taxes, and interest of 7.02 M. | |
| Franklin Wireless Corp currently holds about 42.61 M in cash with (773.36 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.65. | |
| Franklin Wireless has a poor financial position based on the latest SEC disclosures | |
| Roughly 22.0% of the company shares are held by company insiders | |
| Latest headline from americanbanker.com: Former BaaS bank cited again by regulators |
Franklin Wireless 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 Franklin Stock often depends not only on the future outlook of the current and potential Franklin Wireless' 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. Franklin Wireless' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.8 M | |
| Cash And Short Term Investments | 37.5 M |
Franklin Wireless Technical Analysis
Franklin Wireless' future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Wireless Corp. In general, you should focus on analyzing Franklin Stock price patterns and their correlations with different microeconomic environments and drivers.
Franklin Wireless Predictive Forecast Models
Franklin Wireless' time-series forecasting models is one of many Franklin Wireless' 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 Franklin Wireless' 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 Franklin Wireless Corp
Checking the ongoing alerts about Franklin Wireless for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Wireless Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Franklin Wireless generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 30.8 M. Net Loss for the year was (4.17 M) with profit before overhead, payroll, taxes, and interest of 7.02 M. | |
| Franklin Wireless Corp currently holds about 42.61 M in cash with (773.36 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.65. | |
| Franklin Wireless has a poor financial position based on the latest SEC disclosures | |
| Roughly 22.0% of the company shares are held by company insiders | |
| Latest headline from americanbanker.com: Former BaaS bank cited again by regulators |
Check out Franklin Wireless Backtesting, Franklin Wireless Valuation, Franklin Wireless Correlation, Franklin Wireless Hype Analysis, Franklin Wireless Volatility, Franklin Wireless History as well as Franklin Wireless Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Communications Equipment 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 Franklin Wireless. If investors know Franklin 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 Franklin Wireless 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 2.667 | Earnings Share (0.28) | Revenue Per Share 2.613 | Quarterly Revenue Growth (0.64) | Return On Assets (0.07) |
The market value of Franklin Wireless Corp is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' 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 Franklin Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' 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 Franklin Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' 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.