WISH Old Odds of Future Stock Price Finishing Over 5.45
WISHDelisted Stock | USD 5.75 0.14 2.50% |
WISH |
WISH Old Target Price Odds to finish over 5.45
The tendency of WISH 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 above $ 5.45 in 90 days |
5.75 | 90 days | 5.45 | about 58.6 |
Based on a normal probability distribution, the odds of WISH Old to stay above $ 5.45 in 90 days from now is about 58.6 (This WISH Old probability density function shows the probability of WISH Stock to fall within a particular range of prices over 90 days) . Probability of WISH Old price to stay between $ 5.45 and its current price of $5.75 at the end of the 90-day period is about 44.75 .
Given the investment horizon of 90 days WISH Old has a beta of 0.9. This entails WISH Old market returns are responsive to returns on the market. As the market goes up or down, WISH Old is expected to follow. Additionally WISH Old 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. WISH Old Price Density |
Price |
Predictive Modules for WISH Old
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WISH Old. 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 WISH Old'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.
WISH Old Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WISH Old is not an exception. The market had few large corrections towards the WISH Old'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 WISH Old, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WISH Old within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.0084 |
WISH Old 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 WISH Old for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WISH Old can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.WISH Old is now traded under the symbol LOGC. Please update your portfolios or report it if you believe this is an error. Report It! | |
WISH Old is not yet fully synchronised with the market data | |
WISH Old has a very high chance of going through financial distress in the upcoming years | |
The company reported the previous year's revenue of 290 M. Net Loss for the year was (317 M) with profit before overhead, payroll, taxes, and interest of 166 M. | |
WISH Old currently holds about 947 M in cash with (341 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41. |
WISH Old 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 WISH Stock often depends not only on the future outlook of the current and potential WISH Old'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. WISH Old's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 23.7 M | |
Cash And Short Term Investments | 382 M |
WISH Old Technical Analysis
WISH Old's future price can be derived by breaking down and analyzing its technical indicators over time. WISH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WISH Old. In general, you should focus on analyzing WISH Stock price patterns and their correlations with different microeconomic environments and drivers.
WISH Old Predictive Forecast Models
WISH Old's time-series forecasting models is one of many WISH Old'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 WISH Old'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 WISH Old
Checking the ongoing alerts about WISH Old for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WISH Old help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
WISH Old is now traded under the symbol LOGC. Please update your portfolios or report it if you believe this is an error. Report It! | |
WISH Old is not yet fully synchronised with the market data | |
WISH Old has a very high chance of going through financial distress in the upcoming years | |
The company reported the previous year's revenue of 290 M. Net Loss for the year was (317 M) with profit before overhead, payroll, taxes, and interest of 166 M. | |
WISH Old currently holds about 947 M in cash with (341 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41. |
Check out Your Current Watchlist 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 state. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in WISH Stock
If you are still planning to invest in WISH Old 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 WISH Old's history and understand the potential risks before investing.
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