Wishpond Technologies Stock Probability of Future OTC Stock Price Finishing Over 0.44
| WPNDF Stock | USD 0.20 0.01 4.76% |
Wishpond |
Wishpond Technologies Target Price Odds to finish over 0.44
The tendency of Wishpond OTC 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 move over $ 0.44 or more in 90 days |
| 0.20 | 90 days | 0.44 | near 1 |
Based on a normal probability distribution, the odds of Wishpond Technologies to move over $ 0.44 or more in 90 days from now is near 1 (This Wishpond Technologies probability density function shows the probability of Wishpond OTC Stock to fall within a particular range of prices over 90 days) . Probability of Wishpond Technologies price to stay between its current price of $ 0.20 and $ 0.44 at the end of the 90-day period is about 89.95 .
Assuming the 90 days horizon Wishpond Technologies has a beta of -0.19. This entails as returns on the benchmark increase, returns on holding Wishpond Technologies are expected to decrease at a much lower rate. During a bear market, however, Wishpond Technologies is likely to outperform the market. Additionally Wishpond 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. Wishpond Technologies Price Density |
| Price |
Predictive Modules for Wishpond Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wishpond Technologies. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Wishpond Technologies' 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.
Wishpond Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wishpond Technologies is not an exception. The market had few large corrections towards the Wishpond Technologies' 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 Wishpond Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wishpond Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
Wishpond Technologies 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 Wishpond Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wishpond 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.| Wishpond Technologies generated a negative expected return over the last 90 days | |
| Wishpond Technologies has high historical volatility and very poor performance | |
| Wishpond Technologies has some characteristics of a very speculative penny stock | |
| Wishpond Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Wishpond Technologies has accumulated 86.84 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Wishpond Technologies has a current ratio of 0.47, 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 Wishpond Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Wishpond Technologies' 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 Wishpond Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wishpond to invest in growth at high rates of return. When we think about Wishpond Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 14.76 M. Net Loss for the year was (4.89 M) with profit before overhead, payroll, taxes, and interest of 9.07 M. | |
| Wishpond Technologies has accumulated about 2.65 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 39.0% of Wishpond Technologies outstanding shares are owned by insiders |
Wishpond Technologies 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 Wishpond OTC Stock often depends not only on the future outlook of the current and potential Wishpond Technologies' 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. Wishpond Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.8 M |
Wishpond Technologies Technical Analysis
Wishpond Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Wishpond OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wishpond Technologies. In general, you should focus on analyzing Wishpond OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Wishpond Technologies Predictive Forecast Models
Wishpond Technologies' time-series forecasting models is one of many Wishpond Technologies' otc 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 Wishpond Technologies' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Wishpond Technologies
Checking the ongoing alerts about Wishpond Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wishpond Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wishpond Technologies generated a negative expected return over the last 90 days | |
| Wishpond Technologies has high historical volatility and very poor performance | |
| Wishpond Technologies has some characteristics of a very speculative penny stock | |
| Wishpond Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Wishpond Technologies has accumulated 86.84 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Wishpond Technologies has a current ratio of 0.47, 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 Wishpond Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Wishpond Technologies' 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 Wishpond Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wishpond to invest in growth at high rates of return. When we think about Wishpond Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 14.76 M. Net Loss for the year was (4.89 M) with profit before overhead, payroll, taxes, and interest of 9.07 M. | |
| Wishpond Technologies has accumulated about 2.65 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 39.0% of Wishpond Technologies outstanding shares are owned by insiders |
Other Information on Investing in Wishpond OTC Stock
Wishpond Technologies financial ratios help investors to determine whether Wishpond OTC Stock 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 Wishpond with respect to the benefits of owning Wishpond Technologies security.