Rf Industries Stock Probability of Future Stock Price Finishing Over 4.64
| RFIL Stock | USD 2.95 0.01 0.34% |
Closest to current price RFIL long PUT Option Payoff at Expiration
RFIL |
RF Industries Target Price Odds to finish over 4.64
The tendency of RFIL 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 over $ 4.64 or more in 90 days |
| 2.95 | 90 days | 4.64 | close to zero percent |
Based on a normal probability distribution, the odds of RF Industries to move over $ 4.64 or more in 90 days from now is close to zero percent (This RF Industries probability density function shows the probability of RFIL Stock to fall within a particular range of prices over 90 days) . Probability of RF Industries price to stay between its current price of $ 2.95 and $ 4.64 at the end of the 90-day period is roughly 96.0 .
Given the investment horizon of 90 days RF Industries has a beta of 0.28 indicating as returns on the market go up, RF Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RF Industries will be expected to be much smaller as well. Additionally RF Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. RF Industries Price Density |
| Price |
Predictive Modules for RF Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RF Industries. 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 RF Industries' 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.
RF Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RF Industries is not an exception. The market had few large corrections towards the RF Industries' 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 RF Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RF Industries within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 0.28 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.09 |
RF Industries 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 RF Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RF Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RF Industries generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 72.17 M. Net Loss for the year was (3.08 M) with profit before overhead, payroll, taxes, and interest of 24.55 M. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Strs Ohio Sells 62,431 Shares of Regions Financial Co. - MarketBeat |
RF Industries 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 RFIL Stock often depends not only on the future outlook of the current and potential RF Industries' 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. RF Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.3 M | |
| Cash And Short Term Investments | 4.9 M |
RF Industries Technical Analysis
RF Industries' future price can be derived by breaking down and analyzing its technical indicators over time. RFIL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RF Industries. In general, you should focus on analyzing RFIL Stock price patterns and their correlations with different microeconomic environments and drivers.
RF Industries Predictive Forecast Models
RF Industries' time-series forecasting models is one of many RF Industries' 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 RF Industries' 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 RF Industries
Checking the ongoing alerts about RF Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RF Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RF Industries generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 72.17 M. Net Loss for the year was (3.08 M) with profit before overhead, payroll, taxes, and interest of 24.55 M. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Strs Ohio Sells 62,431 Shares of Regions Financial Co. - MarketBeat |
Check out RF Industries Backtesting, RF Industries Valuation, RF Industries Correlation, RF Industries Hype Analysis, RF Industries Volatility, RF Industries History as well as RF Industries Performance. For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for RFIL Stock analysis
When running RF Industries' price analysis, check to measure RF Industries' 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 RF Industries is operating at the current time. Most of RF Industries' value examination focuses on studying past and present price action to predict the probability of RF Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RF Industries' price. Additionally, you may evaluate how the addition of RF Industries to your portfolios can decrease your overall portfolio volatility.
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Is RF Industries' 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 RF Industries. If investors know RFIL 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 RF Industries 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 0.134 | Earnings Share (0.32) | Revenue Per Share 6.513 | Quarterly Revenue Growth (0.27) | Return On Assets (0.03) |
The market value of RF Industries is measured differently than its book value, which is the value of RFIL that is recorded on the company's balance sheet. Investors also form their own opinion of RF Industries' value that differs from its market value or its book value, called intrinsic value, which is RF Industries' 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 RF Industries' market value can be influenced by many factors that don't directly affect RF Industries' 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 RF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if RF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF Industries' 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.