Hapbee Technologies Stock Probability of Future Stock Price Finishing Under 0.0009
| HAPB Stock | CAD 0.1 0.03 20.83% |
Hapbee |
Hapbee Technologies Target Price Odds to finish below 0.0009
The tendency of Hapbee 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 C$ 0.0009 or more in 90 days |
| 0.1 | 90 days | 0.0009 | near 1 |
Based on a normal probability distribution, the odds of Hapbee Technologies to drop to C$ 0.0009 or more in 90 days from now is near 1 (This Hapbee Technologies probability density function shows the probability of Hapbee Stock to fall within a particular range of prices over 90 days) . Probability of Hapbee Technologies price to stay between C$ 0.0009 and its current price of C$0.095 at the end of the 90-day period is nearly 4.23 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.07 . This usually indicates Hapbee Technologies market returns are correlated to returns on the market. As the market goes up or down, Hapbee Technologies is expected to follow. Additionally Hapbee Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Hapbee Technologies Price Density |
| Price |
Predictive Modules for Hapbee Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hapbee Technologies. 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 Hapbee Technologies' 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.
Hapbee Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hapbee Technologies is not an exception. The market had few large corrections towards the Hapbee Technologies' 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 Hapbee Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hapbee Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.63 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.08 |
Hapbee Technologies 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 Hapbee Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hapbee Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hapbee Technologies generated a negative expected return over the last 90 days | |
| Hapbee Technologies has high historical volatility and very poor performance | |
| Hapbee Technologies has some characteristics of a very speculative penny stock | |
| Hapbee Technologies has accumulated 133.91 K in total debt. Hapbee Technologies has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hapbee Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Hapbee Technologies' 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 Hapbee Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hapbee to invest in growth at high rates of return. When we think about Hapbee Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 951.66 K. Net Loss for the year was (2.71 M) with profit before overhead, payroll, taxes, and interest of 145.24 K. | |
| Hapbee Technologies has accumulated about 602.58 K in cash with (2.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hapbee Technologies Welcomes New Board Member - TipRanks |
Hapbee Technologies 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 Hapbee Stock often depends not only on the future outlook of the current and potential Hapbee Technologies' 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. Hapbee Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 112.1 M |
Hapbee Technologies Technical Analysis
Hapbee Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Hapbee Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hapbee Technologies. In general, you should focus on analyzing Hapbee Stock price patterns and their correlations with different microeconomic environments and drivers.
Hapbee Technologies Predictive Forecast Models
Hapbee Technologies' time-series forecasting models is one of many Hapbee Technologies' 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 Hapbee Technologies' 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 Hapbee Technologies
Checking the ongoing alerts about Hapbee Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hapbee Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hapbee Technologies generated a negative expected return over the last 90 days | |
| Hapbee Technologies has high historical volatility and very poor performance | |
| Hapbee Technologies has some characteristics of a very speculative penny stock | |
| Hapbee Technologies has accumulated 133.91 K in total debt. Hapbee Technologies has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hapbee Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Hapbee Technologies' 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 Hapbee Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hapbee to invest in growth at high rates of return. When we think about Hapbee Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 951.66 K. Net Loss for the year was (2.71 M) with profit before overhead, payroll, taxes, and interest of 145.24 K. | |
| Hapbee Technologies has accumulated about 602.58 K in cash with (2.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hapbee Technologies Welcomes New Board Member - TipRanks |
Additional Tools for Hapbee Stock Analysis
When running Hapbee Technologies' price analysis, check to measure Hapbee Technologies' 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 Hapbee Technologies is operating at the current time. Most of Hapbee Technologies' value examination focuses on studying past and present price action to predict the probability of Hapbee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hapbee Technologies' price. Additionally, you may evaluate how the addition of Hapbee Technologies to your portfolios can decrease your overall portfolio volatility.