Savmobi Technology Stock Probability of Future Pink Sheet Price Finishing Over 3.29
| SVMB Stock | USD 2.63 0.63 31.50% |
SavMobi |
SavMobi Technology Target Price Odds to finish over 3.29
The tendency of SavMobi Pink Sheet 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 $ 3.29 or more in 90 days |
| 2.63 | 90 days | 3.29 | about 5.27 |
Based on a normal probability distribution, the odds of SavMobi Technology to move over $ 3.29 or more in 90 days from now is about 5.27 (This SavMobi Technology probability density function shows the probability of SavMobi Pink Sheet to fall within a particular range of prices over 90 days) . Probability of SavMobi Technology price to stay between its current price of $ 2.63 and $ 3.29 at the end of the 90-day period is about 42.83 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.23 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SavMobi Technology will likely underperform. Additionally SavMobi Technology 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. SavMobi Technology Price Density |
| Price |
Predictive Modules for SavMobi 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 SavMobi Technology. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.SavMobi Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SavMobi Technology is not an exception. The market had few large corrections towards the SavMobi 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 SavMobi Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SavMobi Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 2.23 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | -0.0074 |
SavMobi 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 SavMobi Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SavMobi Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SavMobi Technology generated a negative expected return over the last 90 days | |
| SavMobi Technology has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 10 K. Net Loss for the year was (41.48 K) with profit before overhead, payroll, taxes, and interest of 7 K. | |
| SavMobi Technology currently holds about 203 in cash with (29.48 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Nifty FMCG Stocks List With Weightage In 2024 - IPO Central |
SavMobi 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 SavMobi Pink Sheet often depends not only on the future outlook of the current and potential SavMobi 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. SavMobi Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61.9 M | |
| Cash And Short Term Investments | 815.00 | |
| Shares Float | 23.8 M |
SavMobi Technology Technical Analysis
SavMobi Technology's future price can be derived by breaking down and analyzing its technical indicators over time. SavMobi Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SavMobi Technology. In general, you should focus on analyzing SavMobi Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
SavMobi Technology Predictive Forecast Models
SavMobi Technology's time-series forecasting models is one of many SavMobi Technology's pink sheet 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 SavMobi 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 pink sheet market movement and maximize returns from investment trading.
Things to note about SavMobi Technology
Checking the ongoing alerts about SavMobi Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SavMobi Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SavMobi Technology generated a negative expected return over the last 90 days | |
| SavMobi Technology has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 10 K. Net Loss for the year was (41.48 K) with profit before overhead, payroll, taxes, and interest of 7 K. | |
| SavMobi Technology currently holds about 203 in cash with (29.48 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Nifty FMCG Stocks List With Weightage In 2024 - IPO Central |
Other Information on Investing in SavMobi Pink Sheet
SavMobi Technology financial ratios help investors to determine whether SavMobi Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SavMobi with respect to the benefits of owning SavMobi Technology security.