Tenet Fintech Group Stock Probability of Future Pink Sheet Price Finishing Under 0.52
| PKKFF Stock | USD 0.08 0.01 9.72% |
Tenet |
Tenet Fintech Target Price Odds to finish below 0.52
The tendency of Tenet Pink Sheet 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 under $ 0.52 after 90 days |
| 0.08 | 90 days | 0.52 | close to 99 |
Based on a normal probability distribution, the odds of Tenet Fintech to stay under $ 0.52 after 90 days from now is close to 99 (This Tenet Fintech Group probability density function shows the probability of Tenet Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Tenet Fintech Group price to stay between its current price of $ 0.08 and $ 0.52 at the end of the 90-day period is about 66.23 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.44 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tenet Fintech will likely underperform. Additionally Tenet Fintech Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Tenet Fintech Price Density |
| Price |
Predictive Modules for Tenet Fintech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tenet Fintech Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Tenet Fintech'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.
Tenet Fintech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tenet Fintech is not an exception. The market had few large corrections towards the Tenet Fintech'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 Tenet Fintech Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tenet Fintech within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.64 | |
β | Beta against NYSE Composite | 1.44 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.08 |
Tenet Fintech 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 Tenet Fintech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tenet Fintech 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.| Tenet Fintech Group generated a negative expected return over the last 90 days | |
| Tenet Fintech Group has high historical volatility and very poor performance | |
| Tenet Fintech Group has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 103.63 M. Net Loss for the year was (49.76 M) with profit before overhead, payroll, taxes, and interest of 8.69 M. | |
| Tenet Fintech Group has accumulated about 15.05 M in cash with (40.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Tenet Fintech 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 Tenet Pink Sheet often depends not only on the future outlook of the current and potential Tenet Fintech'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. Tenet Fintech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.2 M |
Tenet Fintech Technical Analysis
Tenet Fintech's future price can be derived by breaking down and analyzing its technical indicators over time. Tenet Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tenet Fintech Group. In general, you should focus on analyzing Tenet Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Tenet Fintech Predictive Forecast Models
Tenet Fintech's time-series forecasting models is one of many Tenet Fintech's pink sheet 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 Tenet Fintech'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Tenet Fintech Group
Checking the ongoing alerts about Tenet Fintech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tenet Fintech Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tenet Fintech Group generated a negative expected return over the last 90 days | |
| Tenet Fintech Group has high historical volatility and very poor performance | |
| Tenet Fintech Group has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 103.63 M. Net Loss for the year was (49.76 M) with profit before overhead, payroll, taxes, and interest of 8.69 M. | |
| Tenet Fintech Group has accumulated about 15.05 M in cash with (40.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Tenet Fintech Backtesting, Tenet Fintech Valuation, Tenet Fintech Correlation, Tenet Fintech Hype Analysis, Tenet Fintech Volatility, Tenet Fintech History as well as Tenet Fintech Performance. Note that the Tenet Fintech Group information on this page should be used as a complementary analysis to other Tenet Fintech'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Tenet Pink Sheet analysis
When running Tenet Fintech's price analysis, check to measure Tenet Fintech'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 Tenet Fintech is operating at the current time. Most of Tenet Fintech's value examination focuses on studying past and present price action to predict the probability of Tenet Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Fintech's price. Additionally, you may evaluate how the addition of Tenet Fintech to your portfolios can decrease your overall portfolio volatility.
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