Trxade Group Chance of Future Stock Price Finishing Over 6.22
| MEDSDelisted Stock | USD 7.06 0.42 5.61% |
Trxade |
Trxade Target Price Odds to finish over 6.22
The tendency of Trxade 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 stay above $ 6.22 in 90 days |
| 7.06 | 90 days | 6.22 | about 83.58 |
Based on a normal probability distribution, the odds of Trxade to stay above $ 6.22 in 90 days from now is about 83.58 (This Trxade Group probability density function shows the probability of Trxade Stock to fall within a particular range of prices over 90 days) . Probability of Trxade Group price to stay between $ 6.22 and its current price of $7.06 at the end of the 90-day period is about 5.75 .
Given the investment horizon of 90 days Trxade Group has a beta of -0.36. This indicates as returns on the benchmark increase, returns on holding Trxade are expected to decrease at a much lower rate. During a bear market, however, Trxade Group is likely to outperform the market. Additionally Trxade Group has an alpha of 0.3313, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Trxade Price Density |
| Price |
Predictive Modules for Trxade
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trxade Group. 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 Trxade'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.
Trxade Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trxade is not an exception. The market had few large corrections towards the Trxade'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 Trxade Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trxade within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 3.98 | |
Ir | Information ratio | 0.02 |
Trxade 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 Trxade for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trxade Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trxade Group is now traded under the symbol SCNX. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Trxade Group generated a negative expected return over the last 90 days | |
| Trxade Group has high historical volatility and very poor performance | |
| Trxade Group has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 8.27 M. Net Loss for the year was (13.72 M) with profit before overhead, payroll, taxes, and interest of 4.58 M. | |
| Trxade Group currently holds about 962.23 K in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of tradable shares by Peterson Michael L of Trxade subject to Rule 16b-3 |
Trxade 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 Trxade Stock often depends not only on the future outlook of the current and potential Trxade'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. Trxade's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 M | |
| Cash And Short Term Investments | 151.9 K |
Trxade Technical Analysis
Trxade's future price can be derived by breaking down and analyzing its technical indicators over time. Trxade Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trxade Group. In general, you should focus on analyzing Trxade Stock price patterns and their correlations with different microeconomic environments and drivers.
Trxade Predictive Forecast Models
Trxade's time-series forecasting models is one of many Trxade'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 Trxade'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 Trxade Group
Checking the ongoing alerts about Trxade for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trxade Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trxade Group is now traded under the symbol SCNX. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Trxade Group generated a negative expected return over the last 90 days | |
| Trxade Group has high historical volatility and very poor performance | |
| Trxade Group has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 8.27 M. Net Loss for the year was (13.72 M) with profit before overhead, payroll, taxes, and interest of 4.58 M. | |
| Trxade Group currently holds about 962.23 K in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of tradable shares by Peterson Michael L of Trxade subject to Rule 16b-3 |
Check out Trxade Backtesting, Trxade Valuation, Trxade Correlation, Trxade Hype Analysis, Trxade Volatility, Trxade History as well as Trxade Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Trxade Stock
If you are still planning to invest in Trxade Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Trxade's history and understand the potential risks before investing.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |