Adx Energy Stock Probability of Future Pink Sheet Price Finishing Over 0.08
| ADXRF Stock | USD 0.08 0.02 36.75% |
ADX |
ADX Energy Target Price Odds to finish over 0.08
The tendency of ADX Pink Sheet 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 move above the current price in 90 days |
| 0.08 | 90 days | 0.08 | about 32.07 |
Based on a normal probability distribution, the odds of ADX Energy to move above the current price in 90 days from now is about 32.07 (This ADX Energy probability density function shows the probability of ADX Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 3.44 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ADX Energy will likely underperform. Moreover ADX Energy has an alpha of 1.6195, implying that it can generate a 1.62 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ADX Energy Price Density |
| Price |
Predictive Modules for ADX Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ADX Energy. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 ADX Energy'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.
ADX Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ADX Energy is not an exception. The market had few large corrections towards the ADX Energy'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 ADX Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ADX Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.62 | |
β | Beta against NYSE Composite | 3.44 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.10 |
ADX Energy 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 ADX Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ADX Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ADX Energy is way too risky over 90 days horizon | |
| ADX Energy has some characteristics of a very speculative penny stock | |
| ADX Energy appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 9.66 M. Net Loss for the year was (4.17 M) with profit before overhead, payroll, taxes, and interest of 1.1 M. | |
| ADX Energy has accumulated about 2.56 M in cash with (2.25 M) of positive cash flow from operations. | |
| Roughly 18.0% of the company shares are held by company insiders |
ADX Energy 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 ADX Pink Sheet often depends not only on the future outlook of the current and potential ADX Energy'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. ADX Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3 B |
ADX Energy Technical Analysis
ADX Energy's future price can be derived by breaking down and analyzing its technical indicators over time. ADX Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ADX Energy. In general, you should focus on analyzing ADX Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
ADX Energy Predictive Forecast Models
ADX Energy's time-series forecasting models is one of many ADX Energy's pink sheet 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 ADX Energy'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 pink sheet market movement and maximize returns from investment trading.
Things to note about ADX Energy
Checking the ongoing alerts about ADX Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ADX Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ADX Energy is way too risky over 90 days horizon | |
| ADX Energy has some characteristics of a very speculative penny stock | |
| ADX Energy appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 9.66 M. Net Loss for the year was (4.17 M) with profit before overhead, payroll, taxes, and interest of 1.1 M. | |
| ADX Energy has accumulated about 2.56 M in cash with (2.25 M) of positive cash flow from operations. | |
| Roughly 18.0% of the company shares are held by company insiders |
Other Information on Investing in ADX Pink Sheet
ADX Energy financial ratios help investors to determine whether ADX Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ADX with respect to the benefits of owning ADX Energy security.