Meten Edtechx Education Probability of Future Stock Price Finishing Under 0.17
| METXDelisted Stock | USD 0.19 0.01 5.00% |
Meten |
Meten Edtechx Target Price Odds to finish below 0.17
The tendency of Meten 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 $ 0.17 or more in 90 days |
| 0.19 | 90 days | 0.17 | roughly 2.04 |
Based on a normal probability distribution, the odds of Meten Edtechx to drop to $ 0.17 or more in 90 days from now is roughly 2.04 (This Meten Edtechx Education probability density function shows the probability of Meten Stock to fall within a particular range of prices over 90 days) . Probability of Meten Edtechx Education price to stay between $ 0.17 and its current price of $0.19 at the end of the 90-day period is about 22.75 .
Given the investment horizon of 90 days Meten Edtechx Education has a beta of -0.13. This indicates as returns on the benchmark increase, returns on holding Meten Edtechx are expected to decrease at a much lower rate. During a bear market, however, Meten Edtechx Education is likely to outperform the market. Additionally Meten Edtechx Education has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Meten Edtechx Price Density |
| Price |
Predictive Modules for Meten Edtechx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meten Edtechx Education. 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 Meten Edtechx'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.
Meten Edtechx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Meten Edtechx is not an exception. The market had few large corrections towards the Meten Edtechx'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 Meten Edtechx Education, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Meten Edtechx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.06 |
Meten Edtechx 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 Meten Edtechx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Meten Edtechx Education can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Meten Edtechx is not yet fully synchronised with the market data | |
| Meten Edtechx has some characteristics of a very speculative penny stock | |
| Meten Edtechx has a very high chance of going through financial distress in the upcoming years | |
| Meten Edtechx Education currently holds 6 M in liabilities with Debt to Equity (D/E) ratio of 3.92, implying the company greatly relies on financing operations through barrowing. Meten Edtechx Education has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Meten Edtechx's use of debt, we should always consider it together with its cash and equity. | |
| Meten Edtechx Education currently holds about 168.4 M in cash with (214.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 13.0% of Meten Edtechx outstanding shares are owned by corporate insiders |
Meten Edtechx 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 Meten Stock often depends not only on the future outlook of the current and potential Meten Edtechx'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. Meten Edtechx's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.8 M | |
| Cash And Short Term Investments | 333 K |
Meten Edtechx Technical Analysis
Meten Edtechx's future price can be derived by breaking down and analyzing its technical indicators over time. Meten Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Meten Edtechx Education. In general, you should focus on analyzing Meten Stock price patterns and their correlations with different microeconomic environments and drivers.
Meten Edtechx Predictive Forecast Models
Meten Edtechx's time-series forecasting models is one of many Meten Edtechx'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 Meten Edtechx'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 Meten Edtechx Education
Checking the ongoing alerts about Meten Edtechx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Meten Edtechx Education help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Meten Edtechx is not yet fully synchronised with the market data | |
| Meten Edtechx has some characteristics of a very speculative penny stock | |
| Meten Edtechx has a very high chance of going through financial distress in the upcoming years | |
| Meten Edtechx Education currently holds 6 M in liabilities with Debt to Equity (D/E) ratio of 3.92, implying the company greatly relies on financing operations through barrowing. Meten Edtechx Education has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Meten Edtechx's use of debt, we should always consider it together with its cash and equity. | |
| Meten Edtechx Education currently holds about 168.4 M in cash with (214.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 13.0% of Meten Edtechx outstanding shares are owned by corporate insiders |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Meten Stock
If you are still planning to invest in Meten Edtechx Education check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meten Edtechx's history and understand the potential risks before investing.
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