Extreme Networks Stock Probability of Future Stock Price Finishing Under 8.89
| EXTR Stock | USD 11.15 0.06 0.54% |
Closest to current price Extreme long CALL Option Payoff at Expiration
Extreme |
Extreme Networks Target Price Odds to finish below 8.89
The tendency of Extreme 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 $ 8.89 or more in 90 days |
| 11.15 | 90 days | 8.89 | roughly 2.26 |
Based on a normal probability distribution, the odds of Extreme Networks to drop to $ 8.89 or more in 90 days from now is roughly 2.26 (This Extreme Networks probability density function shows the probability of Extreme Stock to fall within a particular range of prices over 90 days) . Probability of Extreme Networks price to stay between $ 8.89 and its current price of $11.15 at the end of the 90-day period is about 21.42 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.02 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Extreme Networks will likely underperform. Additionally Extreme Networks has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Extreme Networks Price Density |
| Price |
Predictive Modules for Extreme Networks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Extreme Networks. 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 Extreme Networks' 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.
Extreme Networks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Extreme Networks is not an exception. The market had few large corrections towards the Extreme Networks' 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 Extreme Networks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Extreme Networks within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.76 | |
β | Beta against NYSE Composite | 2.02 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | -0.23 |
Extreme Networks 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 Extreme Networks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Extreme Networks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Extreme Networks generated a negative expected return over the last 90 days | |
| Extreme Networks has high historical volatility and very poor performance | |
| Extreme Networks is unlikely to experience financial distress in the next 2 years | |
| The company currently holds 264.61 M in liabilities with Debt to Equity (D/E) ratio of 3.89, implying the company greatly relies on financing operations through barrowing. Extreme Networks has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Extreme Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Extreme Networks' 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 Extreme Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Extreme to invest in growth at high rates of return. When we think about Extreme Networks' use of debt, we should always consider it together with cash and equity. | |
| Extreme Networks has a strong financial position based on the latest SEC filings | |
| Over 93.0% of Extreme Networks shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Disposition of 31240 shares by Katayoun Motiey of Extreme Networks subject to Rule 16b-3 |
Extreme Networks 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 Extreme Stock often depends not only on the future outlook of the current and potential Extreme Networks' 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. Extreme Networks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 133.6 M | |
| Cash And Short Term Investments | 234.8 M |
Extreme Networks Technical Analysis
Extreme Networks' future price can be derived by breaking down and analyzing its technical indicators over time. Extreme Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Extreme Networks. In general, you should focus on analyzing Extreme Stock price patterns and their correlations with different microeconomic environments and drivers.
Extreme Networks Predictive Forecast Models
Extreme Networks' time-series forecasting models is one of many Extreme Networks' 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 Extreme Networks' 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 Extreme Networks
Checking the ongoing alerts about Extreme Networks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Extreme Networks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Extreme Networks generated a negative expected return over the last 90 days | |
| Extreme Networks has high historical volatility and very poor performance | |
| Extreme Networks is unlikely to experience financial distress in the next 2 years | |
| The company currently holds 264.61 M in liabilities with Debt to Equity (D/E) ratio of 3.89, implying the company greatly relies on financing operations through barrowing. Extreme Networks has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Extreme Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Extreme Networks' 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 Extreme Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Extreme to invest in growth at high rates of return. When we think about Extreme Networks' use of debt, we should always consider it together with cash and equity. | |
| Extreme Networks has a strong financial position based on the latest SEC filings | |
| Over 93.0% of Extreme Networks shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Disposition of 31240 shares by Katayoun Motiey of Extreme Networks subject to Rule 16b-3 |
Check out Extreme Networks Backtesting, Extreme Networks Valuation, Extreme Networks Correlation, Extreme Networks Hype Analysis, Extreme Networks Volatility, Extreme Networks History as well as Extreme Networks Performance. To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Extreme Stock analysis
When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.
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Is Extreme Networks' industry 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 Extreme Networks. If investors know Extreme 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 Extreme Networks 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 (0.77) | Earnings Share 0.6 | Revenue Per Share 10.456 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0723 |
The market value of Extreme Networks is measured differently than its book value, which is the value of Extreme that is recorded on the company's balance sheet. Investors also form their own opinion of Extreme Networks' value that differs from its market value or its book value, called intrinsic value, which is Extreme Networks' 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 Extreme Networks' market value can be influenced by many factors that don't directly affect Extreme Networks' 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 Extreme Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Extreme Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extreme Networks' 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.