Zicix Corp Stock Probability of Future Pink Sheet Price Finishing Over 6.0E-4
| ZICX Stock | USD 0.0006 0.00 0.00% |
Zicix |
Zicix Corp Target Price Odds to finish over 6.0E-4
The tendency of Zicix 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 |
| 0.0006 | 90 days | 0.0006 | about 89.52 |
Based on a normal probability distribution, the odds of Zicix Corp to move above the current price in 90 days from now is about 89.52 (This Zicix Corp probability density function shows the probability of Zicix Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.7 . This usually means as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Zicix Corp will likely underperform. Additionally Zicix Corp 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. Zicix Corp Price Density |
| Price |
Predictive Modules for Zicix Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zicix Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zicix Corp'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.
Zicix Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zicix Corp is not an exception. The market had few large corrections towards the Zicix Corp'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 Zicix Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zicix Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 1.70 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | -0.04 |
Zicix Corp 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 Zicix Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zicix Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zicix Corp generated a negative expected return over the last 90 days | |
| Zicix Corp has high historical volatility and very poor performance | |
| Zicix Corp has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 230.88 K. Net Loss for the year was (63.45 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Zicix Corp currently holds about 77 in cash with (26.72 K) of positive cash flow from operations. |
Zicix Corp Technical Analysis
Zicix Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Zicix Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zicix Corp. In general, you should focus on analyzing Zicix Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Zicix Corp Predictive Forecast Models
Zicix Corp's time-series forecasting models is one of many Zicix Corp'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 Zicix Corp'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 Zicix Corp
Checking the ongoing alerts about Zicix Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zicix Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zicix Corp generated a negative expected return over the last 90 days | |
| Zicix Corp has high historical volatility and very poor performance | |
| Zicix Corp has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 230.88 K. Net Loss for the year was (63.45 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Zicix Corp currently holds about 77 in cash with (26.72 K) of positive cash flow from operations. |
Additional Tools for Zicix Pink Sheet Analysis
When running Zicix Corp's price analysis, check to measure Zicix Corp'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 Zicix Corp is operating at the current time. Most of Zicix Corp's value examination focuses on studying past and present price action to predict the probability of Zicix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zicix Corp's price. Additionally, you may evaluate how the addition of Zicix Corp to your portfolios can decrease your overall portfolio volatility.