Fmto New Stock Odds of Future Stock Price Finishing Under 0.19
| FMTO Stock | 3.53 0.82 18.85% |
FMTO New Target Price Odds to finish below 0.19
The tendency of FMTO 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 drop to 0.19 or more in 90 days |
| 3.53 | 90 days | 0.19 | about 29.84 |
Based on a normal probability distribution, the odds of FMTO New to drop to 0.19 or more in 90 days from now is about 29.84 (This FMTO New probability density function shows the probability of FMTO Stock to fall within a particular range of prices over 90 days) . Probability of FMTO New price to stay between 0.19 and its current price of 3.53 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 4.88 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FMTO New will likely underperform. Additionally FMTO New 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. FMTO New Price Density |
| Price |
Predictive Modules for FMTO New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FMTO New. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FMTO New'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.
FMTO New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FMTO New is not an exception. The market had few large corrections towards the FMTO New'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 FMTO New, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FMTO New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 4.88 | |
σ | Overall volatility | 330.99 | |
Ir | Information ratio | 0 |
FMTO New 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 FMTO New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FMTO New can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FMTO New is not yet fully synchronised with the market data | |
| FMTO New generated a negative expected return over the last 90 days | |
| FMTO New has high historical volatility and very poor performance | |
| FMTO New was previously known as BCAN Old and was traded on NASDAQ Exchange under the symbol BCAN. | |
| The company reported the previous year's revenue of 998.84 K. Net Loss for the year was (47.59 M) with profit before overhead, payroll, taxes, and interest of 28.77 K. | |
| FMTO New generates negative cash flow from operations | |
| About 23.0% of the company shares are held by company insiders |
FMTO New 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 FMTO Stock often depends not only on the future outlook of the current and potential FMTO New'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. FMTO New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 651.8 K | |
| Cash And Short Term Investments | 4.6 M |
FMTO New Technical Analysis
FMTO New's future price can be derived by breaking down and analyzing its technical indicators over time. FMTO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FMTO New. In general, you should focus on analyzing FMTO Stock price patterns and their correlations with different microeconomic environments and drivers.
FMTO New Predictive Forecast Models
FMTO New's time-series forecasting models is one of many FMTO New'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 FMTO New'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 FMTO New
Checking the ongoing alerts about FMTO New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FMTO New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FMTO New is not yet fully synchronised with the market data | |
| FMTO New generated a negative expected return over the last 90 days | |
| FMTO New has high historical volatility and very poor performance | |
| FMTO New was previously known as BCAN Old and was traded on NASDAQ Exchange under the symbol BCAN. | |
| The company reported the previous year's revenue of 998.84 K. Net Loss for the year was (47.59 M) with profit before overhead, payroll, taxes, and interest of 28.77 K. | |
| FMTO New generates negative cash flow from operations | |
| About 23.0% of the company shares are held by company insiders |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FMTO New. If investors know FMTO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FMTO New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of FMTO New is measured differently than its book value, which is the value of FMTO that is recorded on the company's balance sheet. Investors also form their own opinion of FMTO New's value that differs from its market value or its book value, called intrinsic value, which is FMTO New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FMTO New's market value can be influenced by many factors that don't directly affect FMTO New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FMTO New's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMTO New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMTO New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.