Forafric Global Plc Stock Probability of Future Stock Price Finishing Under 1.25
| AFRIW Stock | USD 1.40 0.03 2.10% |
Forafric |
Forafric Global Target Price Odds to finish below 1.25
The tendency of Forafric 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 $ 1.25 or more in 90 days |
| 1.40 | 90 days | 1.25 | about 30.7 |
Based on a normal probability distribution, the odds of Forafric Global to drop to $ 1.25 or more in 90 days from now is about 30.7 (This Forafric Global PLC probability density function shows the probability of Forafric Stock to fall within a particular range of prices over 90 days) . Probability of Forafric Global PLC price to stay between $ 1.25 and its current price of $1.4 at the end of the 90-day period is about 53.28 .
Assuming the 90 days horizon Forafric Global PLC has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Forafric Global are expected to decrease at a much lower rate. During a bear market, however, Forafric Global PLC is likely to outperform the market. Additionally Forafric Global PLC has an alpha of 0.2886, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Forafric Global Price Density |
| Price |
Predictive Modules for Forafric Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forafric Global PLC. 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 Forafric Global'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.
Forafric Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forafric Global is not an exception. The market had few large corrections towards the Forafric Global'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 Forafric Global PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forafric Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | 0.05 |
Forafric Global 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 Forafric Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forafric Global PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Forafric Global PLC is way too risky over 90 days horizon | |
| Forafric Global PLC may become a speculative penny stock | |
| Forafric Global PLC appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 305.48 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 0. |
Forafric Global 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 Forafric Stock often depends not only on the future outlook of the current and potential Forafric Global'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. Forafric Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.9 M | |
| Cash And Short Term Investments | 24 M |
Forafric Global Technical Analysis
Forafric Global's future price can be derived by breaking down and analyzing its technical indicators over time. Forafric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forafric Global PLC. In general, you should focus on analyzing Forafric Stock price patterns and their correlations with different microeconomic environments and drivers.
Forafric Global Predictive Forecast Models
Forafric Global's time-series forecasting models is one of many Forafric Global'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 Forafric Global'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 Forafric Global PLC
Checking the ongoing alerts about Forafric Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forafric Global PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forafric Global PLC is way too risky over 90 days horizon | |
| Forafric Global PLC may become a speculative penny stock | |
| Forafric Global PLC appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 305.48 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for Forafric Stock Analysis
When running Forafric Global's price analysis, check to measure Forafric Global'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 Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.