Field Trip Health Probability of Future Stock Price Finishing Under 0.85
| FTRPDelisted Stock | USD 2.15 0.05 2.38% |
Field |
Field Trip Target Price Odds to finish below 0.85
The tendency of Field 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 drop to $ 0.85 or more in 90 days |
| 2.15 | 90 days | 0.85 | about 1.31 |
Based on a normal probability distribution, the odds of Field Trip to drop to $ 0.85 or more in 90 days from now is about 1.31 (This Field Trip Health probability density function shows the probability of Field Stock to fall within a particular range of prices over 90 days) . Probability of Field Trip Health price to stay between $ 0.85 and its current price of $2.15 at the end of the 90-day period is about 15.25 .
Given the investment horizon of 90 days Field Trip Health has a beta of -1.43. This usually indicates as returns on its benchmark rise, returns on holding Field Trip Health are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Field Trip is expected to outperform its benchmark. Additionally Field Trip Health has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Field Trip Price Density |
| Price |
Predictive Modules for Field Trip
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Field Trip 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 Field Trip'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.
Field Trip Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Field Trip is not an exception. The market had few large corrections towards the Field Trip'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 Field Trip Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Field Trip within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.73 | |
β | Beta against NYSE Composite | -1.43 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | -0.15 |
Field Trip 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 Field Trip for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Field Trip 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.| Field Trip Health is not yet fully synchronised with the market data | |
| Field Trip Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.86 M. Net Loss for the year was (54.69 M) with loss before overhead, payroll, taxes, and interest of (4.29 M). | |
| Field Trip Health currently holds about 63.72 M in cash with (44.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1. | |
| Roughly 33.0% of the company shares are held by company insiders |
Field Trip 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 Field Stock often depends not only on the future outlook of the current and potential Field Trip'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. Field Trip's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Percent Shares Out | 0.54% | |
| Short Percent Of Float | 0.82% | |
| Shares Short Prior Month | 364.77k | |
| Average Daily Volume Last 10 Day | 136.84k | |
| Average Daily Volume In Three Month | 98.59k | |
| Date Short Interest | 29th of July 2022 |
Field Trip Technical Analysis
Field Trip's future price can be derived by breaking down and analyzing its technical indicators over time. Field Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Field Trip Health. In general, you should focus on analyzing Field Stock price patterns and their correlations with different microeconomic environments and drivers.
Field Trip Predictive Forecast Models
Field Trip's time-series forecasting models is one of many Field Trip'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 Field Trip'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 Field Trip Health
Checking the ongoing alerts about Field Trip for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Field Trip Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Field Trip Health is not yet fully synchronised with the market data | |
| Field Trip Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.86 M. Net Loss for the year was (54.69 M) with loss before overhead, payroll, taxes, and interest of (4.29 M). | |
| Field Trip Health currently holds about 63.72 M in cash with (44.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1. | |
| Roughly 33.0% of the company shares are held by company insiders |
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 metropolitan statistical area. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Field Stock
If you are still planning to invest in Field Trip Health 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 Field Trip's history and understand the potential risks before investing.
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