International Money Express Stock Probability of Future Stock Price Finishing Over 21.0

IMXI Stock  USD 22.82  0.49  2.19%   
International Money's implied volatility is one of the determining factors in the pricing options written on International Money Express. Implied volatility approximates the future value of International Money based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in International Money Express over a specific time period. For example, 2024-04-19 CALL at $22.5 is a CALL option contract on International Money's common stock with a strick price of 22.5 expiring on 2024-04-19. The contract was last traded on 2024-03-20 at 14:49:06 for $0.65 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.7, and an ask price of $1.05. The implied volatility as of the 28th of March is 34.87. View All International options

Closest to current price International long CALL Option Payoff at Expiration

International Money's future price is the expected price of International Money 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 International Money Express performance during a given time horizon utilizing its historical volatility. Check out International Money Backtesting, International Money Valuation, International Money Correlation, International Money Hype Analysis, International Money Volatility, International Money History as well as International Money Performance.
  
As of now, International Money's Price Cash Flow Ratio is decreasing as compared to previous years. The International Money's current Price Sales Ratio is estimated to increase to 1.87, while Price Earnings Ratio is projected to decrease to 12.68. Please specify International Money's target price for which you would like International Money odds to be computed.

International Money Target Price Odds to finish over 21.0

The tendency of International 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 stay above $ 21.00  in 90 days
 22.82 90 days 21.00 
about 53.23
Based on a normal probability distribution, the odds of International Money to stay above $ 21.00  in 90 days from now is about 53.23 (This International Money Express probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) . Probability of International Money price to stay between $ 21.00  and its current price of $22.82 at the end of the 90-day period is about 52.36 .
Given the investment horizon of 90 days International Money Express has a beta of -0.29. This usually indicates as returns on benchmark increase, returns on holding International Money are expected to decrease at a much lower rate. During the bear market, however, International Money Express is likely to outperform the market. Additionally International Money Express has an alpha of 0.0685, implying that it can generate a 0.0685 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   International Money Price Density   
       Price  

Predictive Modules for International Money

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Money. 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 International Money'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.
Hype
Prediction
LowEstimatedHigh
20.6522.8224.99
Details
Intrinsic
Valuation
LowRealHigh
19.2121.3823.55
Details
Naive
Forecast
LowNextHigh
21.4623.6325.80
Details
6 Analysts
Consensus
LowTargetHigh
22.1424.3327.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as International Money. Your research has to be compared to or analyzed against International Money's peers to derive any actionable benefits. When done correctly, International Money's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in International Money.

International Money Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. International Money is not an exception. The market had few large corrections towards the International Money'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 International Money Express, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of International Money within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.07
β
Beta against NYSE Composite-0.29
σ
Overall volatility
0.74
Ir
Information ratio -0.04

International Money 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 International Money for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for International Money can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 90.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: The Bargain Hunters Portfolio 7 Smart Stock Buys for the Shrewd Investor - InvestorPlace

International Money 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 International Stock often depends not only on the future outlook of the current and potential International Money'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. International Money's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding36.4 M
Cash And Short Term Investments239.2 M

International Money Technical Analysis

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

International Money Predictive Forecast Models

International Money's time-series forecasting models is one of many International Money'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 International Money'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 International Money

Checking the ongoing alerts about International Money for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for International Money help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 90.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: The Bargain Hunters Portfolio 7 Smart Stock Buys for the Shrewd Investor - InvestorPlace
When determining whether International Money offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of International Money's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of International Money Express Stock. Outlined below are crucial reports that will aid in making a well-informed decision on International Money Express Stock:

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When running International Money's price analysis, check to measure International Money'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 International Money is operating at the current time. Most of International Money's value examination focuses on studying past and present price action to predict the probability of International Money's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Money's price. Additionally, you may evaluate how the addition of International Money to your portfolios can decrease your overall portfolio volatility.
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Is International Money'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 International Money. If investors know International 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 International Money 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
0.454
Earnings Share
1.63
Revenue Per Share
16.032
Quarterly Revenue Growth
0.029
Return On Assets
0.0106
The market value of International Money is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Money's value that differs from its market value or its book value, called intrinsic value, which is International Money'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 International Money's market value can be influenced by many factors that don't directly affect International Money'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 International Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Money'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.