Edify Acquisition Corp Probability of Future Stock Price Finishing Over 10.28
| EACPUDelisted Stock | USD 10.92 0.00 0.00% |
Edify |
Edify Acquisition Target Price Odds to finish over 10.28
The tendency of Edify 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 $ 10.28 in 90 days |
| 10.92 | 90 days | 10.28 | close to 99 |
Based on a normal probability distribution, the odds of Edify Acquisition to stay above $ 10.28 in 90 days from now is close to 99 (This Edify Acquisition Corp probability density function shows the probability of Edify Stock to fall within a particular range of prices over 90 days) . Probability of Edify Acquisition Corp price to stay between $ 10.28 and its current price of $10.92 at the end of the 90-day period is about 64.19 .
Assuming the 90 days horizon Edify Acquisition Corp has a beta of -0.0246 suggesting as returns on the benchmark increase, returns on holding Edify Acquisition are expected to decrease at a much lower rate. During a bear market, however, Edify Acquisition Corp is likely to outperform the market. Additionally Edify Acquisition Corp has an alpha of 0.0182, implying that it can generate a 0.0182 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Edify Acquisition Price Density |
| Price |
Predictive Modules for Edify Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edify Acquisition Corp. 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 Edify Acquisition'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.
Edify Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edify Acquisition is not an exception. The market had few large corrections towards the Edify Acquisition'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 Edify Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edify Acquisition within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | -0.02 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.21 |
Edify Acquisition 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 Edify Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edify Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edify Acquisition is not yet fully synchronised with the market data | |
| Edify Acquisition generated a negative expected return over the last 90 days | |
| Edify Acquisition has a very high chance of going through financial distress in the upcoming years | |
| The company has accumulated 594.38 K in total debt with debt to equity ratio (D/E) of 1.25, which is about average as compared to similar companies. Edify Acquisition Corp has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Edify Acquisition until it has trouble settling it off, either with new capital or with free cash flow. So, Edify Acquisition's 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 Edify Acquisition Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edify to invest in growth at high rates of return. When we think about Edify Acquisition's use of debt, we should always consider it together with cash and equity. | |
| Edify Acquisition Corp has accumulated about 67.94 K in cash with (2.21 M) of positive cash flow from operations. |
Edify Acquisition 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 Edify Stock often depends not only on the future outlook of the current and potential Edify Acquisition'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. Edify Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.9 M | |
| Cash And Short Term Investments | 67.9 K |
Edify Acquisition Technical Analysis
Edify Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Edify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edify Acquisition Corp. In general, you should focus on analyzing Edify Stock price patterns and their correlations with different microeconomic environments and drivers.
Edify Acquisition Predictive Forecast Models
Edify Acquisition's time-series forecasting models is one of many Edify Acquisition'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 Edify Acquisition'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 Edify Acquisition Corp
Checking the ongoing alerts about Edify Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edify Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edify Acquisition is not yet fully synchronised with the market data | |
| Edify Acquisition generated a negative expected return over the last 90 days | |
| Edify Acquisition has a very high chance of going through financial distress in the upcoming years | |
| The company has accumulated 594.38 K in total debt with debt to equity ratio (D/E) of 1.25, which is about average as compared to similar companies. Edify Acquisition Corp has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Edify Acquisition until it has trouble settling it off, either with new capital or with free cash flow. So, Edify Acquisition's 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 Edify Acquisition Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edify to invest in growth at high rates of return. When we think about Edify Acquisition's use of debt, we should always consider it together with cash and equity. | |
| Edify Acquisition Corp has accumulated about 67.94 K in cash with (2.21 M) of positive cash flow from operations. |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Edify Stock
If you are still planning to invest in Edify Acquisition Corp 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 Edify Acquisition's history and understand the potential risks before investing.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |