Wrap Technologies Stock Probability of Future Stock Price Finishing Under 1.91
| WRAP Stock | USD 1.75 0.19 12.18% |
Wrap |
Wrap Technologies Target Price Odds to finish below 1.91
The tendency of Wrap 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 under $ 1.91 after 90 days |
| 1.75 | 90 days | 1.91 | about 97.0 |
Based on a normal probability distribution, the odds of Wrap Technologies to stay under $ 1.91 after 90 days from now is about 97.0 (This Wrap Technologies probability density function shows the probability of Wrap Stock to fall within a particular range of prices over 90 days) . Probability of Wrap Technologies price to stay between its current price of $ 1.75 and $ 1.91 at the end of the 90-day period is about 16.65 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.07 . This entails Wrap Technologies market returns are sensible to returns on the market. As the market goes up or down, Wrap Technologies is expected to follow. Additionally Wrap Technologies has an alpha of 0.3615, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wrap Technologies Price Density |
| Price |
Predictive Modules for Wrap 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 Wrap 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.Wrap Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wrap Technologies is not an exception. The market had few large corrections towards the Wrap 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 Wrap Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wrap Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.08 |
Wrap 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 Wrap Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wrap 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.| Wrap Technologies may become a speculative penny stock | |
| Wrap Technologies had very high historical volatility over the last 90 days | |
| Wrap Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 6.13 M. Net Loss for the year was (30.22 M) with profit before overhead, payroll, taxes, and interest of 3.73 M. | |
| Wrap Technologies currently holds about 28.5 M in cash with (16.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Wrap Technologies has a poor financial position based on the latest SEC disclosures | |
| Roughly 31.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Tech-Led Stock Rally Put on Pause After Mixed Data Markets Wrap - Yahoo Finance |
Wrap 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 Wrap Stock often depends not only on the future outlook of the current and potential Wrap 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. Wrap Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.9 M |
Wrap Technologies Technical Analysis
Wrap Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Wrap Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wrap Technologies. In general, you should focus on analyzing Wrap Stock price patterns and their correlations with different microeconomic environments and drivers.
Wrap Technologies Predictive Forecast Models
Wrap Technologies' time-series forecasting models is one of many Wrap Technologies' 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 Wrap 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 stock market movement and maximize returns from investment trading.
Things to note about Wrap Technologies
Checking the ongoing alerts about Wrap Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wrap Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wrap Technologies may become a speculative penny stock | |
| Wrap Technologies had very high historical volatility over the last 90 days | |
| Wrap Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 6.13 M. Net Loss for the year was (30.22 M) with profit before overhead, payroll, taxes, and interest of 3.73 M. | |
| Wrap Technologies currently holds about 28.5 M in cash with (16.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69. | |
| Wrap Technologies has a poor financial position based on the latest SEC disclosures | |
| Roughly 31.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Tech-Led Stock Rally Put on Pause After Mixed Data Markets Wrap - Yahoo Finance |
Additional Tools for Wrap Stock Analysis
When running Wrap Technologies' price analysis, check to measure Wrap Technologies' 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 Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.