Avricore Health Stock Probability of Future Stock Price Finishing Over 0.34
| AVCR Stock | CAD 0.15 0.01 6.25% |
Avricore |
Avricore Health Target Price Odds to finish over 0.34
The tendency of Avricore 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 move over C$ 0.34 or more in 90 days |
| 0.15 | 90 days | 0.34 | close to zero percent |
Based on a normal probability distribution, the odds of Avricore Health to move over C$ 0.34 or more in 90 days from now is close to zero percent (This Avricore Health probability density function shows the probability of Avricore Stock to fall within a particular range of prices over 90 days) . Probability of Avricore Health price to stay between its current price of C$ 0.15 and C$ 0.34 at the end of the 90-day period is about 17.5 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.59 . 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, Avricore Health will likely underperform. Additionally Avricore Health has an alpha of 0.3383, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Avricore Health Price Density |
| Price |
Predictive Modules for Avricore Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avricore Health. 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 Avricore Health'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.
Avricore Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avricore Health is not an exception. The market had few large corrections towards the Avricore Health'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 Avricore Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avricore Health within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.34 | |
β | Beta against NYSE Composite | 1.59 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
Avricore Health 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 Avricore Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avricore Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Avricore Health had very high historical volatility over the last 90 days | |
| Avricore Health has some characteristics of a very speculative penny stock | |
| Avricore Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.11 M. Net Loss for the year was (1.01 M) with profit before overhead, payroll, taxes, and interest of 30.52 K. | |
| Latest headline from news.google.com: Closing Bell Avricore Health Inc down on Friday - The Globe and Mail |
Avricore Health 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 Avricore Stock often depends not only on the future outlook of the current and potential Avricore Health'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. Avricore Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.9 M | |
| Cash And Short Term Investments | 630.5 K |
Avricore Health Technical Analysis
Avricore Health's future price can be derived by breaking down and analyzing its technical indicators over time. Avricore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avricore Health. In general, you should focus on analyzing Avricore Stock price patterns and their correlations with different microeconomic environments and drivers.
Avricore Health Predictive Forecast Models
Avricore Health's time-series forecasting models is one of many Avricore Health'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 Avricore Health'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 Avricore Health
Checking the ongoing alerts about Avricore Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avricore Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Avricore Health had very high historical volatility over the last 90 days | |
| Avricore Health has some characteristics of a very speculative penny stock | |
| Avricore Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.11 M. Net Loss for the year was (1.01 M) with profit before overhead, payroll, taxes, and interest of 30.52 K. | |
| Latest headline from news.google.com: Closing Bell Avricore Health Inc down on Friday - The Globe and Mail |
Check out Avricore Health Backtesting, Avricore Health Valuation, Avricore Health Correlation, Avricore Health Hype Analysis, Avricore Health Volatility, Avricore Health History as well as Avricore Health Performance. Note that the Avricore Health information on this page should be used as a complementary analysis to other Avricore Health'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 the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Avricore Stock analysis
When running Avricore Health's price analysis, check to measure Avricore Health's 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 Avricore Health is operating at the current time. Most of Avricore Health's value examination focuses on studying past and present price action to predict the probability of Avricore Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avricore Health's price. Additionally, you may evaluate how the addition of Avricore Health to your portfolios can decrease your overall portfolio volatility.
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