Fingermotion Stock Probability of Future Stock Price Finishing Under 0.02
| FNGR Stock | USD 1.90 0.16 7.77% |
FingerMotion |
FingerMotion Target Price Odds to finish below 0.02
The tendency of FingerMotion 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 $ 0.02 or more in 90 days |
| 1.90 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of FingerMotion to drop to $ 0.02 or more in 90 days from now is near 1 (This FingerMotion probability density function shows the probability of FingerMotion Stock to fall within a particular range of prices over 90 days) . Probability of FingerMotion price to stay between $ 0.02 and its current price of $1.9 at the end of the 90-day period is about 10.24 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.08 . 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, FingerMotion will likely underperform. Additionally FingerMotion 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. FingerMotion Price Density |
| Price |
Predictive Modules for FingerMotion
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FingerMotion. 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.FingerMotion Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FingerMotion is not an exception. The market had few large corrections towards the FingerMotion'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 FingerMotion, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FingerMotion within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | 2.08 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.04 |
FingerMotion 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 FingerMotion for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FingerMotion can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FingerMotion generated a negative expected return over the last 90 days | |
| FingerMotion may become a speculative penny stock | |
| FingerMotion has high historical volatility and very poor performance | |
| FingerMotion has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 35.79 M. Net Loss for the year was (3.76 M) with profit before overhead, payroll, taxes, and interest of 2.32 M. | |
| FingerMotion currently holds about 1.98 M in cash with (8.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| FingerMotion has a frail financial position based on the latest SEC disclosures | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: FingerMotion, Inc. Short Interest Update |
FingerMotion 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 FingerMotion Stock often depends not only on the future outlook of the current and potential FingerMotion'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. FingerMotion's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.2 M | |
| Cash And Short Term Investments | 1.5 M |
FingerMotion Technical Analysis
FingerMotion's future price can be derived by breaking down and analyzing its technical indicators over time. FingerMotion Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FingerMotion. In general, you should focus on analyzing FingerMotion Stock price patterns and their correlations with different microeconomic environments and drivers.
FingerMotion Predictive Forecast Models
FingerMotion's time-series forecasting models is one of many FingerMotion'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 FingerMotion'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 FingerMotion
Checking the ongoing alerts about FingerMotion for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FingerMotion help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FingerMotion generated a negative expected return over the last 90 days | |
| FingerMotion may become a speculative penny stock | |
| FingerMotion has high historical volatility and very poor performance | |
| FingerMotion has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 35.79 M. Net Loss for the year was (3.76 M) with profit before overhead, payroll, taxes, and interest of 2.32 M. | |
| FingerMotion currently holds about 1.98 M in cash with (8.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| FingerMotion has a frail financial position based on the latest SEC disclosures | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: FingerMotion, Inc. Short Interest Update |
Additional Tools for FingerMotion Stock Analysis
When running FingerMotion's price analysis, check to measure FingerMotion'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 FingerMotion is operating at the current time. Most of FingerMotion's value examination focuses on studying past and present price action to predict the probability of FingerMotion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FingerMotion's price. Additionally, you may evaluate how the addition of FingerMotion to your portfolios can decrease your overall portfolio volatility.