Alithya Group Stock Odds of Future Stock Price Finishing Over 1.17
| ALYAF Stock | 1.17 0.10 7.87% |
Alithya Target Price Odds to finish over 1.17
The tendency of Alithya 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 above the current price in 90 days |
| 1.17 | 90 days | 1.17 | under 95 |
Based on a normal probability distribution, the odds of Alithya to move above the current price in 90 days from now is under 95 (This Alithya Group probability density function shows the probability of Alithya Stock to fall within a particular range of prices over 90 days) .
Alithya Price Density |
| Price |
Predictive Modules for Alithya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alithya Group. 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.Alithya Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alithya is not an exception. The market had few large corrections towards the Alithya'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 Alithya Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alithya within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.02 |
Alithya 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 Alithya for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alithya Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alithya Group may become a speculative penny stock | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Technical Data - Stock Traders Daily |
Alithya 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 Alithya Stock often depends not only on the future outlook of the current and potential Alithya'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. Alithya's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.3 M | |
| Cash And Short Term Investments | 16 M | |
| Shares Float | 56.2 M |
Alithya Technical Analysis
Alithya's future price can be derived by breaking down and analyzing its technical indicators over time. Alithya Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alithya Group. In general, you should focus on analyzing Alithya Stock price patterns and their correlations with different microeconomic environments and drivers.
Alithya Predictive Forecast Models
Alithya's time-series forecasting models is one of many Alithya's 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 Alithya'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 stock market movement and maximize returns from investment trading.
Things to note about Alithya Group
Checking the ongoing alerts about Alithya for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alithya Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alithya Group may become a speculative penny stock | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Technical Data - Stock Traders Daily |
Check out Alithya Analysis, Alithya Valuation, Alithya Correlation, Alithya Hype Analysis, Alithya Volatility, Alithya Price History as well as Alithya Performance. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Can Information Technology Services industry sustain growth momentum? Does Alithya have expansion opportunities? Factors like these will boost the valuation of Alithya. If investors know Alithya will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Alithya demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 2.427 | Earnings Share (0.20) | Revenue Per Share | Quarterly Revenue Growth 0.115 | Return On Assets |
The market value of Alithya Group is measured differently than its book value, which is the value of Alithya that is recorded on the company's balance sheet. Investors also form their own opinion of Alithya's value that differs from its market value or its book value, called intrinsic value, which is Alithya's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Alithya's market value can be influenced by many factors that don't directly affect Alithya's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Alithya's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alithya represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Alithya's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.