Rodedawg International Industries Stock Probability of Future Pink Sheet Price Finishing Over 21.30
| RWGI Stock | USD 0.03 0 3.85% |
Rodedawg |
Rodedawg International Target Price Odds to finish over 21.30
The tendency of Rodedawg 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 move over $ 21.30 or more in 90 days |
| 0.03 | 90 days | 21.30 | close to zero percent |
Based on a normal probability distribution, the odds of Rodedawg International to move over $ 21.30 or more in 90 days from now is close to zero percent (This Rodedawg International Industries probability density function shows the probability of Rodedawg Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Rodedawg International price to stay between its current price of $ 0.03 and $ 21.30 at the end of the 90-day period is more than 94.0 .
Given the investment horizon of 90 days Rodedawg International has a beta of 0.74 indicating as returns on the market go up, Rodedawg International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rodedawg International Industries will be expected to be much smaller as well. Additionally Rodedawg International 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. Rodedawg International Price Density |
| Price |
Predictive Modules for Rodedawg International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rodedawg International. 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 Rodedawg International'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.
Rodedawg International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rodedawg International is not an exception. The market had few large corrections towards the Rodedawg International'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 Rodedawg International Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rodedawg International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.56 | |
β | Beta against NYSE Composite | 0.74 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.04 |
Rodedawg International 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 Rodedawg International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rodedawg International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rodedawg International generated a negative expected return over the last 90 days | |
| Rodedawg International has high historical volatility and very poor performance | |
| Rodedawg International has some characteristics of a very speculative penny stock | |
| Rodedawg International has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (63.02 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rodedawg International Industries currently holds about 1.06 M in cash with (94.44 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Rodedawg International Technical Analysis
Rodedawg International's future price can be derived by breaking down and analyzing its technical indicators over time. Rodedawg Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rodedawg International Industries. In general, you should focus on analyzing Rodedawg Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Rodedawg International Predictive Forecast Models
Rodedawg International's time-series forecasting models is one of many Rodedawg International'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 Rodedawg International'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 Rodedawg International
Checking the ongoing alerts about Rodedawg International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rodedawg International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rodedawg International generated a negative expected return over the last 90 days | |
| Rodedawg International has high historical volatility and very poor performance | |
| Rodedawg International has some characteristics of a very speculative penny stock | |
| Rodedawg International has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (63.02 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rodedawg International Industries currently holds about 1.06 M in cash with (94.44 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Check out Rodedawg International Backtesting, Rodedawg International Valuation, Rodedawg International Correlation, Rodedawg International Hype Analysis, Rodedawg International Volatility, Rodedawg International History as well as Rodedawg International Performance. Note that the Rodedawg International information on this page should be used as a complementary analysis to other Rodedawg International'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Rodedawg Pink Sheet analysis
When running Rodedawg International's price analysis, check to measure Rodedawg International'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 Rodedawg International is operating at the current time. Most of Rodedawg International's value examination focuses on studying past and present price action to predict the probability of Rodedawg International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rodedawg International's price. Additionally, you may evaluate how the addition of Rodedawg International to your portfolios can decrease your overall portfolio volatility.
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