Totally Hip Technologies Stock Probability of Future Stock Price Finishing Under 0.00
| THP Stock | CAD 0.08 0.08 50.00% |
Totally |
Totally Hip Target Price Odds to finish below 0.00
The tendency of Totally 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 C$ 0.00 or more in 90 days |
| 0.08 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Totally Hip to drop to C$ 0.00 or more in 90 days from now is near 1 (This Totally Hip Technologies probability density function shows the probability of Totally Stock to fall within a particular range of prices over 90 days) . Probability of Totally Hip Technologies price to stay between C$ 0.00 and its current price of C$0.08 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Totally Hip has a beta of 0.51. This usually implies as returns on the market go up, Totally Hip average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Totally Hip Technologies will be expected to be much smaller as well. Additionally Totally Hip Technologies 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. Totally Hip Price Density |
| Price |
Predictive Modules for Totally Hip
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Totally Hip Technologies. 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.Totally Hip Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Totally Hip is not an exception. The market had few large corrections towards the Totally Hip'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 Totally Hip Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Totally Hip within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.14 |
Totally Hip 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 Totally Hip for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Totally Hip Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Totally Hip generated a negative expected return over the last 90 days | |
| Totally Hip has high historical volatility and very poor performance | |
| Totally Hip has some characteristics of a very speculative penny stock | |
| Totally Hip has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (124 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Totally Hip Technologies has accumulated about 1.33 M in cash with (695.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: ReCerf Hip Resurfacing Arthroplasty, from MatOrtho Becomes the Worlds First All-Ceramic Hip Resurfacing Approved by a Regulatory Authority - Yahoo Finance |
Totally Hip 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 Totally Stock often depends not only on the future outlook of the current and potential Totally Hip'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. Totally Hip's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 122.6 M | |
| Shares Float | 114.6 M |
Totally Hip Technical Analysis
Totally Hip's future price can be derived by breaking down and analyzing its technical indicators over time. Totally Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Totally Hip Technologies. In general, you should focus on analyzing Totally Stock price patterns and their correlations with different microeconomic environments and drivers.
Totally Hip Predictive Forecast Models
Totally Hip's time-series forecasting models is one of many Totally Hip'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 Totally Hip'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 Totally Hip Technologies
Checking the ongoing alerts about Totally Hip for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Totally Hip Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Totally Hip generated a negative expected return over the last 90 days | |
| Totally Hip has high historical volatility and very poor performance | |
| Totally Hip has some characteristics of a very speculative penny stock | |
| Totally Hip has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (124 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Totally Hip Technologies has accumulated about 1.33 M in cash with (695.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: ReCerf Hip Resurfacing Arthroplasty, from MatOrtho Becomes the Worlds First All-Ceramic Hip Resurfacing Approved by a Regulatory Authority - Yahoo Finance |
Additional Tools for Totally Stock Analysis
When running Totally Hip's price analysis, check to measure Totally Hip'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 Totally Hip is operating at the current time. Most of Totally Hip's value examination focuses on studying past and present price action to predict the probability of Totally Hip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Totally Hip's price. Additionally, you may evaluate how the addition of Totally Hip to your portfolios can decrease your overall portfolio volatility.