ASPIRE OTC Stock Probability of Future OTC Stock Price Finishing Over 9.55

ASPGF
 Stock
  

USD 9.55  0.00  0.00%   

ASPIRE GLOBAL's future price is the expected price of ASPIRE GLOBAL instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ASPIRE GLOBAL PLC performance during a given time horizon utilizing its historical volatility.
  
Please continue to ASPIRE GLOBAL Backtesting, ASPIRE GLOBAL Valuation, ASPIRE GLOBAL Correlation, ASPIRE GLOBAL Hype Analysis, ASPIRE GLOBAL Volatility, ASPIRE GLOBAL History as well as ASPIRE GLOBAL Performance. Please specify ASPIRE GLOBAL time horizon, a valid symbol (red box) and a target price (blue box) you would like ASPIRE GLOBAL odds to be computed.

ASPIRE GLOBAL Target Price Odds to finish over 9.55

The tendency of ASPIRE OTC 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 9.55 90 days 9.55 
about 78.12
Based on a normal probability distribution, the odds of ASPIRE GLOBAL to move above the current price in 90 days from now is about 78.12 (This ASPIRE GLOBAL PLC probability density function shows the probability of ASPIRE OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon ASPIRE GLOBAL has a beta of 0.38. This suggests as returns on the market go up, ASPIRE GLOBAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASPIRE GLOBAL PLC will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ASPIRE GLOBAL PLC is significantly underperforming DOW.
   ASPIRE GLOBAL Price Density   
       Price  

Predictive Modules for ASPIRE 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 ASPIRE GLOBAL PLC. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of ASPIRE 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. Please use the tools below to analyze the current value of ASPIRE GLOBAL in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.759.5511.35
Details
Intrinsic
Valuation
LowReal ValueHigh
8.149.9411.74
Details
Naive
Forecast
LowNext ValueHigh
7.739.5311.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.559.559.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASPIRE GLOBAL. Your research has to be compared to or analyzed against ASPIRE GLOBAL's peers to derive any actionable benefits. When done correctly, ASPIRE GLOBAL's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ASPIRE GLOBAL PLC.

ASPIRE GLOBAL Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ASPIRE GLOBAL is not an exception. The market had few large corrections towards the ASPIRE 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 ASPIRE GLOBAL PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ASPIRE GLOBAL within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.23
β
Beta against DOW0.38
σ
Overall volatility
0.76
Ir
Information ratio -0.14

ASPIRE 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 ASPIRE GLOBAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ASPIRE 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.
ASPIRE GLOBAL PLC generated a negative expected return over the last 90 days
About 77.0% of the company shares are held by company insiders

ASPIRE 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 ASPIRE OTC Stock often depends not only on the future outlook of the current and potential ASPIRE 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. ASPIRE GLOBAL's indicators that are reflective of the short sentiment are summarized in the table below.
Float Shares13.58M
Average Daily Volume In Three Month1

ASPIRE GLOBAL Technical Analysis

ASPIRE GLOBAL's future price can be derived by breaking down and analyzing its technical indicators over time. ASPIRE OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ASPIRE GLOBAL PLC. In general, you should focus on analyzing ASPIRE OTC Stock price patterns and their correlations with different microeconomic environments and drivers.

ASPIRE GLOBAL Predictive Forecast Models

ASPIRE GLOBAL time-series forecasting models is one of many ASPIRE GLOBAL's otc stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary ASPIRE 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 ASPIRE GLOBAL PLC

Checking the ongoing alerts about ASPIRE GLOBAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASPIRE GLOBAL PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

ASPIRE GLOBAL Alerts

ASPIRE GLOBAL Alerts and Suggestions

ASPIRE GLOBAL PLC generated a negative expected return over the last 90 days
About 77.0% of the company shares are held by company insiders
Please continue to ASPIRE GLOBAL Backtesting, ASPIRE GLOBAL Valuation, ASPIRE GLOBAL Correlation, ASPIRE GLOBAL Hype Analysis, ASPIRE GLOBAL Volatility, ASPIRE GLOBAL History as well as ASPIRE GLOBAL Performance. Note that the ASPIRE GLOBAL PLC information on this page should be used as a complementary analysis to other ASPIRE GLOBAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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Is ASPIRE GLOBAL's 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 ASPIRE GLOBAL. If investors know ASPIRE 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 ASPIRE GLOBAL 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 YOY
-0.22
Market Capitalization
448.7 M
Quarterly Revenue Growth YOY
-0.005
Return On Assets
0.0766
Return On Equity
0.21
The market value of ASPIRE GLOBAL PLC is measured differently than its book value, which is the value of ASPIRE that is recorded on the company's balance sheet. Investors also form their own opinion of ASPIRE GLOBAL's value that differs from its market value or its book value, called intrinsic value, which is ASPIRE GLOBAL's 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 ASPIRE GLOBAL's market value can be influenced by many factors that don't directly affect ASPIRE GLOBAL's 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 ASPIRE GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine ASPIRE GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASPIRE GLOBAL's 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.