Flitways Technology Stock Probability of Future Pink Sheet Price Finishing Over 0.0
Flitways Technology's future price is the expected price of Flitways Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Flitways Technology performance during a given time horizon utilizing its historical volatility. Check out Flitways Technology Backtesting, Flitways Technology Valuation, Flitways Technology Correlation, Flitways Technology Hype Analysis, Flitways Technology Volatility, Flitways Technology History as well as Flitways Technology Performance.
Please specify Flitways Technology's target price for which you would like Flitways Technology odds to be computed.
Flitways |
Flitways Technology Target Price Odds to finish over 0.0
The tendency of Flitways 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 |
| 0.00 | 90 days | 0.00 | about 63.86 |
Based on a normal probability distribution, the odds of Flitways Technology to move above the current price in 90 days from now is about 63.86 (This Flitways Technology probability density function shows the probability of Flitways Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Flitways Technology has the beta coefficient that is very close to zero. This usually indicates the returns on DOW JONES INDUSTRIAL and Flitways Technology do not appear to be related. Additionally It does not look like Flitways Technology's alpha can have any bearing on the current valuation. Flitways Technology Price Density |
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Predictive Modules for Flitways Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Flitways Technology. 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 Flitways Technology'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.
Flitways Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Flitways Technology is not an exception. The market had few large corrections towards the Flitways Technology'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 Flitways Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Flitways Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000031 | |
Ir | Information ratio | 0.00 |
Flitways Technology 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 Flitways Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Flitways Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Flitways Technology is way too risky over 90 days horizon | |
| Flitways Technology has some characteristics of a very speculative penny stock | |
| Flitways Technology appears to be risky and price may revert if volatility continues | |
| Flitways Technology has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Flitways Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Flitways Technology's 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 Flitways Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Flitways to invest in growth at high rates of return. When we think about Flitways Technology's use of debt, we should always consider it together with cash and equity. | |
| Flitways Technology reported the previous year's revenue of 1.21 M. Net Loss for the year was (57.53 M) with profit before overhead, payroll, taxes, and interest of 140.61 K. | |
| Flitways Technology currently holds about 4.3 K in cash with (267.26 K) of positive cash flow from operations. |
Flitways Technology 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 Flitways Pink Sheet often depends not only on the future outlook of the current and potential Flitways Technology'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. Flitways Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Flitways Technology Technical Analysis
Flitways Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Flitways Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flitways Technology. In general, you should focus on analyzing Flitways Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Flitways Technology Predictive Forecast Models
Flitways Technology's time-series forecasting models is one of many Flitways Technology'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 Flitways Technology'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 Flitways Technology
Checking the ongoing alerts about Flitways Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Flitways Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Flitways Technology is way too risky over 90 days horizon | |
| Flitways Technology has some characteristics of a very speculative penny stock | |
| Flitways Technology appears to be risky and price may revert if volatility continues | |
| Flitways Technology has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Flitways Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Flitways Technology's 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 Flitways Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Flitways to invest in growth at high rates of return. When we think about Flitways Technology's use of debt, we should always consider it together with cash and equity. | |
| Flitways Technology reported the previous year's revenue of 1.21 M. Net Loss for the year was (57.53 M) with profit before overhead, payroll, taxes, and interest of 140.61 K. | |
| Flitways Technology currently holds about 4.3 K in cash with (267.26 K) of positive cash flow from operations. |
Additional Tools for Flitways Pink Sheet Analysis
When running Flitways Technology's price analysis, check to measure Flitways Technology'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 Flitways Technology is operating at the current time. Most of Flitways Technology's value examination focuses on studying past and present price action to predict the probability of Flitways Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flitways Technology's price. Additionally, you may evaluate how the addition of Flitways Technology to your portfolios can decrease your overall portfolio volatility.