International Money Express Stock Probability of Future Stock Price Finishing Over 27.24
| IMXI Stock | USD 21.29 0.30 1.39% |
International |
International Money Target Price Odds to finish over 27.24
The tendency of International 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 move over $ 27.24 or more in 90 days |
| 21.29 | 90 days | 27.24 | near 1 |
Based on a normal probability distribution, the odds of International Money to move over $ 27.24 or more in 90 days from now is near 1 (This International Money Express probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) . Probability of International Money price to stay between its current price of $ 21.29 and $ 27.24 at the end of the 90-day period is about 9.99 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.07 . This usually indicates International Money Express market returns are responsive to returns on the market. As the market goes up or down, International Money is expected to follow. Additionally International Money Express has an alpha of 0.1939, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). International Money Price Density |
| Price |
Predictive Modules for International Money
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Money. 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 International Money'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.
International Money Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. International Money is not an exception. The market had few large corrections towards the International Money'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 International Money Express, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of International Money within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | 0.1 |
International Money 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 International Money for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for International Money can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: International Money Express, Inc Expands Connectivity Launches International Top-Up ... |
International Money 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 International Stock often depends not only on the future outlook of the current and potential International Money'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. International Money's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.4 M | |
| Cash And Short Term Investments | 239.2 M |
International Money Technical Analysis
International Money's future price can be derived by breaking down and analyzing its technical indicators over time. International Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of International Money Express. In general, you should focus on analyzing International Stock price patterns and their correlations with different microeconomic environments and drivers.
International Money Predictive Forecast Models
International Money's time-series forecasting models is one of many International Money'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 International Money'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 International Money
Checking the ongoing alerts about International Money for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for International Money help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: International Money Express, Inc Expands Connectivity Launches International Top-Up ... |
Check out International Money Backtesting, International Money Valuation, International Money Correlation, International Money Hype Analysis, International Money Volatility, International Money History as well as International Money Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Data Processing & Outsourced Services 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 International Money. If investors know International 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 International Money 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 0.293 | Earnings Share 1.8 | Revenue Per Share 19.966 | Quarterly Revenue Growth (0) | Return On Assets 0.114 |
The market value of International Money is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Money's value that differs from its market value or its book value, called intrinsic value, which is International Money'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 International Money's market value can be influenced by many factors that don't directly affect International Money'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 International Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Money'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.