Wearable Health Solutions Stock Probability of Future Pink Sheet Price Finishing Under 9.5E-5
| WHSI Stock | USD 0.0001 0.00 0.00% |
Wearable |
Wearable Health Target Price Odds to finish below 9.5E-5
The tendency of Wearable 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 drop to $ 0.000095 or more in 90 days |
| 0.0001 | 90 days | 0.000095 | about 40.01 |
Based on a normal probability distribution, the odds of Wearable Health to drop to $ 0.000095 or more in 90 days from now is about 40.01 (This Wearable Health Solutions probability density function shows the probability of Wearable Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Wearable Health Solutions price to stay between $ 0.000095 and its current price of $1.0E-4 at the end of the 90-day period is about 16.49 .
Given the investment horizon of 90 days Wearable Health has the beta coefficient that is very close to zero. This entails the returns on DOW JONES INDUSTRIAL and Wearable Health do not appear to be responsive. Additionally It does not look like Wearable Health's alpha can have any bearing on the current valuation. Wearable Health Price Density |
| Price |
Predictive Modules for Wearable Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wearable Health Solutions. 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 Wearable Health'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.
Wearable Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wearable Health is not an exception. The market had few large corrections towards the Wearable Health'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 Wearable Health Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wearable Health 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 | 0.000012 | |
Ir | Information ratio | 0.00 |
Wearable Health 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 Wearable Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wearable Health Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wearable Health is way too risky over 90 days horizon | |
| Wearable Health has some characteristics of a very speculative penny stock | |
| Wearable Health appears to be risky and price may revert if volatility continues | |
| Wearable Health Solutions currently holds 1.7 M in liabilities. Wearable Health Solutions has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Wearable Health until it has trouble settling it off, either with new capital or with free cash flow. So, Wearable Health'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 Wearable Health Solutions sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wearable to invest in growth at high rates of return. When we think about Wearable Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.05 M. Net Loss for the year was (13.05 M) with profit before overhead, payroll, taxes, and interest of 477.48 K. | |
| Wearable Health Solutions currently holds about 70.5 K in cash with (3.11 M) of positive cash flow from operations. | |
| Roughly 67.0% of the company outstanding shares are owned by insiders |
Wearable Health 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 Wearable Pink Sheet often depends not only on the future outlook of the current and potential Wearable Health'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. Wearable Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 70.5 K |
Wearable Health Technical Analysis
Wearable Health's future price can be derived by breaking down and analyzing its technical indicators over time. Wearable Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wearable Health Solutions. In general, you should focus on analyzing Wearable Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Wearable Health Predictive Forecast Models
Wearable Health's time-series forecasting models is one of many Wearable Health'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 Wearable Health'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 Wearable Health Solutions
Checking the ongoing alerts about Wearable Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wearable Health Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wearable Health is way too risky over 90 days horizon | |
| Wearable Health has some characteristics of a very speculative penny stock | |
| Wearable Health appears to be risky and price may revert if volatility continues | |
| Wearable Health Solutions currently holds 1.7 M in liabilities. Wearable Health Solutions has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Wearable Health until it has trouble settling it off, either with new capital or with free cash flow. So, Wearable Health'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 Wearable Health Solutions sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wearable to invest in growth at high rates of return. When we think about Wearable Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.05 M. Net Loss for the year was (13.05 M) with profit before overhead, payroll, taxes, and interest of 477.48 K. | |
| Wearable Health Solutions currently holds about 70.5 K in cash with (3.11 M) of positive cash flow from operations. | |
| Roughly 67.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Wearable Pink Sheet
Wearable Health financial ratios help investors to determine whether Wearable Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wearable with respect to the benefits of owning Wearable Health security.