Fgi Industries Stock Probability of Future Stock Price Finishing Over 3.75
| FGI Stock | USD 0.91 0.02 2.15% |
FGI |
FGI Industries Target Price Odds to finish over 3.75
The tendency of FGI 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 over $ 3.75 or more in 90 days |
| 0.91 | 90 days | 3.75 | close to zero percent |
Based on a normal probability distribution, the odds of FGI Industries to move over $ 3.75 or more in 90 days from now is close to zero percent (This FGI Industries probability density function shows the probability of FGI Stock to fall within a particular range of prices over 90 days) . Probability of FGI Industries price to stay between its current price of $ 0.91 and $ 3.75 at the end of the 90-day period is over 95.39 .
Considering the 90-day investment horizon FGI Industries has a beta of -0.51. This usually indicates as returns on the benchmark increase, returns on holding FGI Industries are expected to decrease at a much lower rate. During a bear market, however, FGI Industries is likely to outperform the market. Additionally FGI Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. FGI Industries Price Density |
| Price |
Predictive Modules for FGI Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FGI Industries. 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 FGI Industries' 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.
FGI Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FGI Industries is not an exception. The market had few large corrections towards the FGI Industries' 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 FGI Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FGI Industries within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.71 | |
β | Beta against NYSE Composite | -0.51 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.15 |
FGI Industries 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 FGI Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FGI Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FGI Industries generated a negative expected return over the last 90 days | |
| FGI Industries has some characteristics of a very speculative penny stock | |
| FGI Industries has high historical volatility and very poor performance | |
| About 73.0% of the company shares are held by company insiders |
FGI Industries 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 FGI Stock often depends not only on the future outlook of the current and potential FGI Industries' 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. FGI Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.8 M | |
| Cash And Short Term Investments | 7.8 M |
FGI Industries Technical Analysis
FGI Industries' future price can be derived by breaking down and analyzing its technical indicators over time. FGI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FGI Industries. In general, you should focus on analyzing FGI Stock price patterns and their correlations with different microeconomic environments and drivers.
FGI Industries Predictive Forecast Models
FGI Industries' time-series forecasting models is one of many FGI Industries' 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 FGI Industries' 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 FGI Industries
Checking the ongoing alerts about FGI Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FGI Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FGI Industries generated a negative expected return over the last 90 days | |
| FGI Industries has some characteristics of a very speculative penny stock | |
| FGI Industries has high historical volatility and very poor performance | |
| About 73.0% of the company shares are held by company insiders |
Additional Information and Resources on Investing in FGI Stock
When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:Check out FGI Industries Backtesting, FGI Industries Valuation, FGI Industries Correlation, FGI Industries Hype Analysis, FGI Industries Volatility, FGI Industries History as well as FGI Industries Performance. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Apparel, Accessories & Luxury Goods 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 FGI Industries. If investors know FGI 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 FGI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Earnings Share 0.06 | Revenue Per Share 12.669 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0195 |
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.