Edgewater Wireless Systems Stock Probability of Future Stock Price Finishing Over 11.72
| YFI Stock | CAD 0.06 0.01 10.00% |
Edgewater |
Edgewater Wireless Target Price Odds to finish over 11.72
The tendency of Edgewater 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 C$ 11.72 or more in 90 days |
| 0.06 | 90 days | 11.72 | close to zero percent |
Based on a normal probability distribution, the odds of Edgewater Wireless to move over C$ 11.72 or more in 90 days from now is close to zero percent (This Edgewater Wireless Systems probability density function shows the probability of Edgewater Stock to fall within a particular range of prices over 90 days) . Probability of Edgewater Wireless price to stay between its current price of C$ 0.06 and C$ 11.72 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Edgewater Wireless Systems has a beta of -2.42. This entails as returns on its benchmark rise, returns on holding Edgewater Wireless Systems are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Edgewater Wireless is expected to outperform its benchmark. Moreover Edgewater Wireless Systems has an alpha of 1.4537, implying that it can generate a 1.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Edgewater Wireless Price Density |
| Price |
Predictive Modules for Edgewater Wireless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edgewater Wireless. 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.Edgewater Wireless Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edgewater Wireless is not an exception. The market had few large corrections towards the Edgewater Wireless' 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 Edgewater Wireless Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edgewater Wireless within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.45 | |
β | Beta against Dow Jones | -2.42 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.09 |
Edgewater Wireless 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 Edgewater Wireless for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edgewater Wireless can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edgewater Wireless is way too risky over 90 days horizon | |
| Edgewater Wireless has some characteristics of a very speculative penny stock | |
| Edgewater Wireless appears to be risky and price may revert if volatility continues | |
| Edgewater Wireless has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Edgewater Wireless Systems has accumulated 12.49 K in total debt with debt to equity ratio (D/E) of 487.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edgewater Wireless has a current ratio of 0.57, 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 Edgewater Wireless until it has trouble settling it off, either with new capital or with free cash flow. So, Edgewater Wireless' 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 Edgewater Wireless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edgewater to invest in growth at high rates of return. When we think about Edgewater Wireless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.35 K. Net Loss for the year was (90.67 K) with profit before overhead, payroll, taxes, and interest of 7.02 K. | |
| Edgewater Wireless Systems has accumulated about 99.05 K in cash with (364.57 K) of positive cash flow from operations. |
Edgewater Wireless 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 Edgewater Stock often depends not only on the future outlook of the current and potential Edgewater Wireless' 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. Edgewater Wireless' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 196.9 M |
Edgewater Wireless Technical Analysis
Edgewater Wireless' future price can be derived by breaking down and analyzing its technical indicators over time. Edgewater Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edgewater Wireless Systems. In general, you should focus on analyzing Edgewater Stock price patterns and their correlations with different microeconomic environments and drivers.
Edgewater Wireless Predictive Forecast Models
Edgewater Wireless' time-series forecasting models is one of many Edgewater Wireless' 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 Edgewater Wireless' 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 Edgewater Wireless
Checking the ongoing alerts about Edgewater Wireless for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edgewater Wireless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edgewater Wireless is way too risky over 90 days horizon | |
| Edgewater Wireless has some characteristics of a very speculative penny stock | |
| Edgewater Wireless appears to be risky and price may revert if volatility continues | |
| Edgewater Wireless has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Edgewater Wireless Systems has accumulated 12.49 K in total debt with debt to equity ratio (D/E) of 487.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edgewater Wireless has a current ratio of 0.57, 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 Edgewater Wireless until it has trouble settling it off, either with new capital or with free cash flow. So, Edgewater Wireless' 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 Edgewater Wireless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edgewater to invest in growth at high rates of return. When we think about Edgewater Wireless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.35 K. Net Loss for the year was (90.67 K) with profit before overhead, payroll, taxes, and interest of 7.02 K. | |
| Edgewater Wireless Systems has accumulated about 99.05 K in cash with (364.57 K) of positive cash flow from operations. |
Additional Tools for Edgewater Stock Analysis
When running Edgewater Wireless' price analysis, check to measure Edgewater Wireless' 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 Edgewater Wireless is operating at the current time. Most of Edgewater Wireless' value examination focuses on studying past and present price action to predict the probability of Edgewater Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewater Wireless' price. Additionally, you may evaluate how the addition of Edgewater Wireless to your portfolios can decrease your overall portfolio volatility.