Funko Inc Stock Chance of Future Stock Price Finishing Under 4.42
| FNKO Stock | USD 11.71 0.45 3.70% |
Funko |
Funko Target Price Odds to finish below 4.42
The tendency of Funko 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 $ 4.42 or more in 90 days |
| 11.71 | 90 days | 4.42 | near 1 |
Based on a normal probability distribution, the odds of Funko to drop to $ 4.42 or more in 90 days from now is near 1 (This Funko Inc probability density function shows the probability of Funko Stock to fall within a particular range of prices over 90 days) . Probability of Funko Inc price to stay between $ 4.42 and its current price of $11.71 at the end of the 90-day period is about 55.9 .
Given the investment horizon of 90 days Funko has a beta of 0.42. This usually indicates as returns on the market go up, Funko average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Funko Inc will be expected to be much smaller as well. Additionally Funko Inc has an alpha of 0.0438, implying that it can generate a 0.0438 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Funko Price Density |
| Price |
Predictive Modules for Funko
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Funko Inc. 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.Funko Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Funko is not an exception. The market had few large corrections towards the Funko'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 Funko Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Funko within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.0031 |
Funko 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 Funko for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Funko Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 1.1 B. Net Loss for the year was (154.08 M) with profit before overhead, payroll, taxes, and interest of 434.02 M. | |
| Over 90.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Funko Sees Unusually-High Trading Volume Whats Next |
Funko 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 Funko Stock often depends not only on the future outlook of the current and potential Funko'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. Funko's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.3 M | |
| Cash And Short Term Investments | 36.5 M |
Funko Technical Analysis
Funko's future price can be derived by breaking down and analyzing its technical indicators over time. Funko Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Funko Inc. In general, you should focus on analyzing Funko Stock price patterns and their correlations with different microeconomic environments and drivers.
Funko Predictive Forecast Models
Funko's time-series forecasting models is one of many Funko'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 Funko'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 Funko Inc
Checking the ongoing alerts about Funko for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Funko Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 1.1 B. Net Loss for the year was (154.08 M) with profit before overhead, payroll, taxes, and interest of 434.02 M. | |
| Over 90.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Funko Sees Unusually-High Trading Volume Whats Next |
Check out Funko Backtesting, Funko Valuation, Funko Correlation, Funko Hype Analysis, Funko Volatility, Funko History as well as Funko Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Distributors 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 Funko. If investors know Funko 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 Funko 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 (0.32) | Earnings Share (0.44) | Revenue Per Share 20.362 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Funko Inc is measured differently than its book value, which is the value of Funko that is recorded on the company's balance sheet. Investors also form their own opinion of Funko's value that differs from its market value or its book value, called intrinsic value, which is Funko'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 Funko's market value can be influenced by many factors that don't directly affect Funko'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 Funko's value and its price as these two are different measures arrived at by different means. Investors typically determine if Funko is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Funko'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.