Freshworks Stock Probability of Future Stock Price Finishing Over 18.35
| FRSH Stock | USD 18.35 0.19 1.05% |
Closest to current price Freshworks long CALL Option Payoff at Expiration
Freshworks |
Freshworks Target Price Odds to finish over 18.35
The tendency of Freshworks 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 above the current price in 90 days |
| 18.35 | 90 days | 18.35 | about 78.15 |
Based on a normal probability distribution, the odds of Freshworks to move above the current price in 90 days from now is about 78.15 (This Freshworks probability density function shows the probability of Freshworks Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.57 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Freshworks will likely underperform. Additionally Freshworks has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Freshworks Price Density |
| Price |
Predictive Modules for Freshworks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freshworks. 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 Freshworks' 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.
Freshworks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Freshworks is not an exception. The market had few large corrections towards the Freshworks' 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 Freshworks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Freshworks within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.42 | |
β | Beta against NYSE Composite | 1.57 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | -0.16 |
Freshworks 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 Freshworks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Freshworks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Freshworks generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 596.43 M. Net Loss for the year was (137.44 M) with profit before overhead, payroll, taxes, and interest of 402.23 M. | |
| Over 80.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 1,545,483 Shares in Freshworks Inc. Acquired by Ninety One UK Ltd - MarketBeat |
Freshworks 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 Freshworks Stock often depends not only on the future outlook of the current and potential Freshworks' 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. Freshworks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 293.1 M | |
| Cash And Short Term Investments | 1.2 B |
Freshworks Technical Analysis
Freshworks' future price can be derived by breaking down and analyzing its technical indicators over time. Freshworks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Freshworks. In general, you should focus on analyzing Freshworks Stock price patterns and their correlations with different microeconomic environments and drivers.
Freshworks Predictive Forecast Models
Freshworks' time-series forecasting models is one of many Freshworks' 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 Freshworks' 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 Freshworks
Checking the ongoing alerts about Freshworks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Freshworks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Freshworks generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 596.43 M. Net Loss for the year was (137.44 M) with profit before overhead, payroll, taxes, and interest of 402.23 M. | |
| Over 80.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 1,545,483 Shares in Freshworks Inc. Acquired by Ninety One UK Ltd - MarketBeat |
Check out Freshworks Backtesting, Freshworks Valuation, Freshworks Correlation, Freshworks Hype Analysis, Freshworks Volatility, Freshworks History as well as Freshworks Performance. For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Freshworks Stock analysis
When running Freshworks' price analysis, check to measure Freshworks' 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 Freshworks is operating at the current time. Most of Freshworks' value examination focuses on studying past and present price action to predict the probability of Freshworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshworks' price. Additionally, you may evaluate how the addition of Freshworks to your portfolios can decrease your overall portfolio volatility.
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Is Freshworks' 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 Freshworks. If investors know Freshworks 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 Freshworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 2.035 | Quarterly Revenue Growth 0.202 | Return On Assets (0.07) | Return On Equity (0.13) |
The market value of Freshworks is measured differently than its book value, which is the value of Freshworks that is recorded on the company's balance sheet. Investors also form their own opinion of Freshworks' value that differs from its market value or its book value, called intrinsic value, which is Freshworks' 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 Freshworks' market value can be influenced by many factors that don't directly affect Freshworks' 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 Freshworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshworks' 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.