Indie Semiconductor Stock Probability of Future Stock Price Finishing Under 7.74
| INDI Stock | USD 4.42 0.18 4.25% |
Indie |
Indie Semiconductor Target Price Odds to finish below 7.74
The tendency of Indie 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 stay under $ 7.74 after 90 days |
| 4.42 | 90 days | 7.74 | close to 99 |
Based on a normal probability distribution, the odds of Indie Semiconductor to stay under $ 7.74 after 90 days from now is close to 99 (This indie Semiconductor probability density function shows the probability of Indie Stock to fall within a particular range of prices over 90 days) . Probability of indie Semiconductor price to stay between its current price of $ 4.42 and $ 7.74 at the end of the 90-day period is about 27.54 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.73 . 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, Indie Semiconductor will likely underperform. Additionally Indie Semiconductor has an alpha of 0.4953, implying that it can generate a 0.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Indie Semiconductor Price Density |
| Price |
Predictive Modules for Indie Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as indie Semiconductor. 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 Indie Semiconductor'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.
Indie Semiconductor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indie Semiconductor is not an exception. The market had few large corrections towards the Indie Semiconductor'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 indie Semiconductor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indie Semiconductor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | 2.73 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | 0.06 |
Indie Semiconductor 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 Indie Semiconductor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for indie Semiconductor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| indie Semiconductor had very high historical volatility over the last 90 days | |
| indie Semiconductor has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 223.17 M. Net Loss for the year was (117.62 M) with profit before overhead, payroll, taxes, and interest of 50.31 M. | |
| indie Semiconductor currently holds about 163.75 M in cash with (104.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37. | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Jim Cramer on indie Semiconductor, Inc. Im Going To Have To Take A Pause On That One |
Indie Semiconductor 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 Indie Stock often depends not only on the future outlook of the current and potential Indie Semiconductor'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. Indie Semiconductor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 145.2 M | |
| Cash And Short Term Investments | 151.7 M |
Indie Semiconductor Technical Analysis
Indie Semiconductor's future price can be derived by breaking down and analyzing its technical indicators over time. Indie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of indie Semiconductor. In general, you should focus on analyzing Indie Stock price patterns and their correlations with different microeconomic environments and drivers.
Indie Semiconductor Predictive Forecast Models
Indie Semiconductor's time-series forecasting models is one of many Indie Semiconductor'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 Indie Semiconductor'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 indie Semiconductor
Checking the ongoing alerts about Indie Semiconductor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for indie Semiconductor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| indie Semiconductor had very high historical volatility over the last 90 days | |
| indie Semiconductor has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 223.17 M. Net Loss for the year was (117.62 M) with profit before overhead, payroll, taxes, and interest of 50.31 M. | |
| indie Semiconductor currently holds about 163.75 M in cash with (104.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37. | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Jim Cramer on indie Semiconductor, Inc. Im Going To Have To Take A Pause On That One |
Check out Indie Semiconductor Backtesting, Indie Semiconductor Valuation, Indie Semiconductor Correlation, Indie Semiconductor Hype Analysis, Indie Semiconductor Volatility, Indie Semiconductor History as well as Indie Semiconductor Performance. For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Semiconductors & Semiconductor 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 Indie Semiconductor. If investors know Indie 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 Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 1.357 | Quarterly Revenue Growth (0.11) | Return On Assets (0.11) | Return On Equity (0.28) |
The market value of indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor'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 Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor'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 Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor'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.