Arcimoto is up today despite modest market slide

This review is intended for all current Arcimoto directors and for investors considering a position in the venture. I will recap why continuing Arcimoto price moves may cause a slide in September. Macroaxis estimates Arcimoto as currently Undervalued. The real value is approaching 5.86 per share. What is Arcimoto Target Price Odds to finish over Current Price? Depending on normal probability distribution, the odds of Arcimoto to move above current price in 30 days from now is about 27.46%. The Arcimoto probability density function shows the probability of Arcimoto Stock to fall within a particular range of prices over 30 days . Considering 30-days investment horizon, Arcimoto has beta of -0.3807 suggesting as returns on benchmark increase, returns on holding Arcimoto are expected to decrease at a much smaller rate. During bear market, however, Arcimoto is likely to outperform the market. Additionally, the company has an alpha of 0.068 implying that it can potentially generate 0.068% excess return over S&P 500 after adjusting for the inherited market risk (beta).
Published over a year ago
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Reviewed by Vlad Skutelnik