Sharps Technology Warrant Stock Probability of Future Stock Price Finishing Under 0.0372
| STSSW Stock | USD 0.03 0.0001 0.31% |
Sharps |
Sharps Technology Target Price Odds to finish below 0.0372
The tendency of Sharps 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 $ 0.04 after 90 days |
| 0.03 | 90 days | 0.04 | about 24.74 |
Based on a normal probability distribution, the odds of Sharps Technology to stay under $ 0.04 after 90 days from now is about 24.74 (This Sharps Technology Warrant probability density function shows the probability of Sharps Stock to fall within a particular range of prices over 90 days) . Probability of Sharps Technology Warrant price to stay between its current price of $ 0.03 and $ 0.04 at the end of the 90-day period is about 5.2 .
Assuming the 90 days horizon Sharps Technology Warrant has a beta of -1.65. This usually implies as returns on its benchmark rise, returns on holding Sharps Technology Warrant are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sharps Technology is expected to outperform its benchmark. Additionally Sharps Technology Warrant 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. Sharps Technology Price Density |
| Price |
Predictive Modules for Sharps Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sharps Technology Warrant. 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 Sharps Technology'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.
Sharps Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sharps Technology is not an exception. The market had few large corrections towards the Sharps Technology'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 Sharps Technology Warrant, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sharps Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -1.65 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.02 |
Sharps Technology 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 Sharps Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sharps Technology Warrant can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sharps Technology generated a negative expected return over the last 90 days | |
| Sharps Technology has high historical volatility and very poor performance | |
| Sharps Technology has some characteristics of a very speculative penny stock | |
| Sharps Technology has a very high chance of going through financial distress in the upcoming years | |
| Sharps Technology Warrant has accumulated 3.85 M in total debt with debt to equity ratio (D/E) of 0.22, which may suggest the company is not taking enough advantage from borrowing. Sharps Technology Warrant has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Sharps Technology's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (9.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sharps Technology Warrant has accumulated about 1.48 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sharps Technology has a frail financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: Sharps Technology Issues Shareholder Letter Detailing Hungary Manufacturing Facility Expansion Plans |
Sharps Technology 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 Sharps Stock often depends not only on the future outlook of the current and potential Sharps Technology'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. Sharps Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13 M | |
| Cash And Short Term Investments | 3 M |
Sharps Technology Technical Analysis
Sharps Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Sharps Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sharps Technology Warrant. In general, you should focus on analyzing Sharps Stock price patterns and their correlations with different microeconomic environments and drivers.
Sharps Technology Predictive Forecast Models
Sharps Technology's time-series forecasting models is one of many Sharps Technology'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 Sharps Technology'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 Sharps Technology Warrant
Checking the ongoing alerts about Sharps Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sharps Technology Warrant help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sharps Technology generated a negative expected return over the last 90 days | |
| Sharps Technology has high historical volatility and very poor performance | |
| Sharps Technology has some characteristics of a very speculative penny stock | |
| Sharps Technology has a very high chance of going through financial distress in the upcoming years | |
| Sharps Technology Warrant has accumulated 3.85 M in total debt with debt to equity ratio (D/E) of 0.22, which may suggest the company is not taking enough advantage from borrowing. Sharps Technology Warrant has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Sharps Technology's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (9.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sharps Technology Warrant has accumulated about 1.48 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sharps Technology has a frail financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: Sharps Technology Issues Shareholder Letter Detailing Hungary Manufacturing Facility Expansion Plans |
Additional Tools for Sharps Stock Analysis
When running Sharps Technology's price analysis, check to measure Sharps Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.