Trxade Group Stock Chance of Future Stock Price Finishing Over 10.69

MEDS Stock  USD 9.55  0.27  2.91%   
Trxade's future price is the expected price of Trxade 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 Trxade Group performance during a given time horizon utilizing its historical volatility. Check out Trxade Backtesting, Trxade Valuation, Trxade Correlation, Trxade Hype Analysis, Trxade Volatility, Trxade History as well as Trxade Performance.
  
Price Earnings Ratio is likely to drop to -11.22 in 2024. Price To Sales Ratio is likely to drop to 4.88 in 2024. Please specify Trxade's target price for which you would like Trxade odds to be computed.

Trxade Target Price Odds to finish over 10.69

The tendency of Trxade 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 move over $ 10.69  or more in 90 days
 9.55 90 days 10.69 
about 12.17
Based on a normal probability distribution, the odds of Trxade to move over $ 10.69  or more in 90 days from now is about 12.17 (This Trxade Group probability density function shows the probability of Trxade Stock to fall within a particular range of prices over 90 days) . Probability of Trxade Group price to stay between its current price of $ 9.55  and $ 10.69  at the end of the 90-day period is about 5.55 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.02 . This indicates Trxade Group market returns are related to returns on the market. As the market goes up or down, Trxade is expected to follow. In addition to that Trxade Group has an alpha of 3.5331, implying that it can generate a 3.53 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Trxade Price Density   
       Price  

Predictive Modules for Trxade

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trxade Group. 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 Trxade'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
0.387.6129.25
Details
Intrinsic
Valuation
LowRealHigh
0.377.4029.04
Details
Naive
Forecast
LowNextHigh
0.084.2525.89
Details
1 Analysts
Consensus
LowTargetHigh
6.146.757.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Trxade. Your research has to be compared to or analyzed against Trxade's peers to derive any actionable benefits. When done correctly, Trxade'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 Trxade Group.

Trxade Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Trxade is not an exception. The market had few large corrections towards the Trxade'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 Trxade Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trxade within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
3.53
β
Beta against NYSE Composite1.02
σ
Overall volatility
4.74
Ir
Information ratio 0.17

Trxade 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 Trxade for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trxade Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Trxade Group is way too risky over 90 days horizon
Trxade Group appears to be risky and price may revert if volatility continues
Trxade Group has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 11.45 M. Net Loss for the year was (3.91 M) with profit before overhead, payroll, taxes, and interest of 4.58 M.
Trxade Group currently holds about 962.23 K in cash with (1.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Trxade Group has a frail financial position based on the latest SEC disclosures
Roughly 28.0% of the company outstanding shares are owned by corporate insiders
On 22nd of March 2024 Trxade paid $ 8.0 per share dividend to its current shareholders
Latest headline from talkmarkets.com: Stocks Lower as Tech Sector Selloff Accelerates

Trxade 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 Trxade Stock often depends not only on the future outlook of the current and potential Trxade'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. Trxade's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding8.5 M
Cash And Short Term Investments1.1 M

Trxade Technical Analysis

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

Trxade Predictive Forecast Models

Trxade's time-series forecasting models is one of many Trxade'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 Trxade'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 Trxade Group

Checking the ongoing alerts about Trxade for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trxade Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Trxade Group is way too risky over 90 days horizon
Trxade Group appears to be risky and price may revert if volatility continues
Trxade Group has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 11.45 M. Net Loss for the year was (3.91 M) with profit before overhead, payroll, taxes, and interest of 4.58 M.
Trxade Group currently holds about 962.23 K in cash with (1.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Trxade Group has a frail financial position based on the latest SEC disclosures
Roughly 28.0% of the company outstanding shares are owned by corporate insiders
On 22nd of March 2024 Trxade paid $ 8.0 per share dividend to its current shareholders
Latest headline from talkmarkets.com: Stocks Lower as Tech Sector Selloff Accelerates
When determining whether Trxade Group is a strong investment it is important to analyze Trxade's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trxade's future performance. For an informed investment choice regarding Trxade Stock, refer to the following important reports:
Check out Trxade Backtesting, Trxade Valuation, Trxade Correlation, Trxade Hype Analysis, Trxade Volatility, Trxade History as well as Trxade Performance.
Note that the Trxade Group information on this page should be used as a complementary analysis to other Trxade'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Trxade Stock analysis

When running Trxade's price analysis, check to measure Trxade'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 Trxade is operating at the current time. Most of Trxade's value examination focuses on studying past and present price action to predict the probability of Trxade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trxade's price. Additionally, you may evaluate how the addition of Trxade to your portfolios can decrease your overall portfolio volatility.
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Is Trxade'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 Trxade. If investors know Trxade 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 Trxade 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
2.766
Earnings Share
(5.46)
Revenue Per Share
13.669
Quarterly Revenue Growth
0.001
Return On Assets
(0.14)
The market value of Trxade Group is measured differently than its book value, which is the value of Trxade that is recorded on the company's balance sheet. Investors also form their own opinion of Trxade's value that differs from its market value or its book value, called intrinsic value, which is Trxade'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 Trxade's market value can be influenced by many factors that don't directly affect Trxade'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 Trxade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trxade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trxade'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.