Warpspeed Taxi Stock Probability of Future Pink Sheet Price Finishing Over 0.066
| WRPT Stock | USD 0.07 0.03 32.31% |
WarpSpeed |
WarpSpeed Taxi Target Price Odds to finish over 0.066
The tendency of WarpSpeed 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 |
| 0.07 | 90 days | 0.07 | about 70.67 |
Based on a normal probability distribution, the odds of WarpSpeed Taxi to move above the current price in 90 days from now is about 70.67 (This WarpSpeed Taxi probability density function shows the probability of WarpSpeed Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days WarpSpeed Taxi has a beta of -8.63. This entails as returns on its benchmark rise, returns on holding WarpSpeed Taxi are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, WarpSpeed Taxi is expected to outperform its benchmark. In addition to that WarpSpeed Taxi has an alpha of 3.8381, implying that it can generate a 3.84 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WarpSpeed Taxi Price Density |
| Price |
Predictive Modules for WarpSpeed Taxi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WarpSpeed Taxi. 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.WarpSpeed Taxi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WarpSpeed Taxi is not an exception. The market had few large corrections towards the WarpSpeed Taxi'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 WarpSpeed Taxi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WarpSpeed Taxi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.84 | |
β | Beta against Dow Jones | -8.63 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.1 |
WarpSpeed Taxi 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 WarpSpeed Taxi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WarpSpeed Taxi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WarpSpeed Taxi is way too risky over 90 days horizon | |
| WarpSpeed Taxi has some characteristics of a very speculative penny stock | |
| WarpSpeed Taxi appears to be risky and price may revert if volatility continues | |
| WarpSpeed Taxi currently holds 250 K in liabilities. WarpSpeed Taxi has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist WarpSpeed Taxi until it has trouble settling it off, either with new capital or with free cash flow. So, WarpSpeed Taxi's 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 WarpSpeed Taxi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WarpSpeed to invest in growth at high rates of return. When we think about WarpSpeed Taxi's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (84.41 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| WarpSpeed Taxi currently holds about 13.09 K in cash with (188.3 K) of positive cash flow from operations. | |
| Roughly 90.0% of the company outstanding shares are owned by insiders |
WarpSpeed Taxi 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 WarpSpeed Pink Sheet often depends not only on the future outlook of the current and potential WarpSpeed Taxi'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. WarpSpeed Taxi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 239.6 M | |
| Shares Float | 24.6 M |
WarpSpeed Taxi Technical Analysis
WarpSpeed Taxi's future price can be derived by breaking down and analyzing its technical indicators over time. WarpSpeed Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WarpSpeed Taxi. In general, you should focus on analyzing WarpSpeed Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
WarpSpeed Taxi Predictive Forecast Models
WarpSpeed Taxi's time-series forecasting models is one of many WarpSpeed Taxi's 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 WarpSpeed Taxi'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 pink sheet market movement and maximize returns from investment trading.
Things to note about WarpSpeed Taxi
Checking the ongoing alerts about WarpSpeed Taxi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WarpSpeed Taxi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WarpSpeed Taxi is way too risky over 90 days horizon | |
| WarpSpeed Taxi has some characteristics of a very speculative penny stock | |
| WarpSpeed Taxi appears to be risky and price may revert if volatility continues | |
| WarpSpeed Taxi currently holds 250 K in liabilities. WarpSpeed Taxi has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist WarpSpeed Taxi until it has trouble settling it off, either with new capital or with free cash flow. So, WarpSpeed Taxi's 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 WarpSpeed Taxi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WarpSpeed to invest in growth at high rates of return. When we think about WarpSpeed Taxi's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (84.41 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| WarpSpeed Taxi currently holds about 13.09 K in cash with (188.3 K) of positive cash flow from operations. | |
| Roughly 90.0% of the company outstanding shares are owned by insiders |
Additional Tools for WarpSpeed Pink Sheet Analysis
When running WarpSpeed Taxi's price analysis, check to measure WarpSpeed Taxi'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 WarpSpeed Taxi is operating at the current time. Most of WarpSpeed Taxi's value examination focuses on studying past and present price action to predict the probability of WarpSpeed Taxi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WarpSpeed Taxi's price. Additionally, you may evaluate how the addition of WarpSpeed Taxi to your portfolios can decrease your overall portfolio volatility.