Trackx Holdings Stock Probability of Future Pink Sheet Price Finishing Over 0.0012
| TKXHF Stock | USD 0 0.00 0.00% |
TrackX |
TrackX Holdings Target Price Odds to finish over 0.0012
The tendency of TrackX 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 above the current price in 90 days |
| 0 | 90 days | 0 | about 45.16 |
Based on a normal probability distribution, the odds of TrackX Holdings to move above the current price in 90 days from now is about 45.16 (This TrackX Holdings probability density function shows the probability of TrackX Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon TrackX Holdings has the beta coefficient that is very close to zero. This usually implies the returns on DOW JONES INDUSTRIAL and TrackX Holdings do not appear to be reactive. Additionally It does not look like TrackX Holdings' alpha can have any bearing on the current valuation. TrackX Holdings Price Density |
| Price |
Predictive Modules for TrackX Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TrackX Holdings. 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.TrackX Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TrackX Holdings is not an exception. The market had few large corrections towards the TrackX Holdings' 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 TrackX Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TrackX Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | 0.00 |
TrackX Holdings 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 TrackX Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TrackX Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TrackX Holdings generated a negative expected return over the last 90 days | |
| TrackX Holdings has some characteristics of a very speculative penny stock | |
| TrackX Holdings has high likelihood to experience some financial distress in the next 2 years | |
| TrackX Holdings has accumulated 2.31 M in total debt. TrackX Holdings has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TrackX Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, TrackX Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TrackX Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TrackX to invest in growth at high rates of return. When we think about TrackX Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.49 M. Net Loss for the year was (758.72 K) with profit before overhead, payroll, taxes, and interest of 1.77 M. | |
| TrackX Holdings has accumulated about 25.34 K in cash with (1.18 M) of positive cash flow from operations. |
TrackX Holdings 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 TrackX Pink Sheet often depends not only on the future outlook of the current and potential TrackX Holdings' 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. TrackX Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 134.9 M |
TrackX Holdings Technical Analysis
TrackX Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. TrackX Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TrackX Holdings. In general, you should focus on analyzing TrackX Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
TrackX Holdings Predictive Forecast Models
TrackX Holdings' time-series forecasting models is one of many TrackX Holdings' 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 TrackX Holdings' 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 TrackX Holdings
Checking the ongoing alerts about TrackX Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TrackX Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TrackX Holdings generated a negative expected return over the last 90 days | |
| TrackX Holdings has some characteristics of a very speculative penny stock | |
| TrackX Holdings has high likelihood to experience some financial distress in the next 2 years | |
| TrackX Holdings has accumulated 2.31 M in total debt. TrackX Holdings has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TrackX Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, TrackX Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TrackX Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TrackX to invest in growth at high rates of return. When we think about TrackX Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.49 M. Net Loss for the year was (758.72 K) with profit before overhead, payroll, taxes, and interest of 1.77 M. | |
| TrackX Holdings has accumulated about 25.34 K in cash with (1.18 M) of positive cash flow from operations. |
Other Information on Investing in TrackX Pink Sheet
TrackX Holdings financial ratios help investors to determine whether TrackX 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 TrackX with respect to the benefits of owning TrackX Holdings security.