Armstrong Flooring Probability of Future Stock Price Finishing Under 6.3
| AFIDelisted Stock | USD 0.35 0.05 12.50% |
Armstrong |
Armstrong Flooring Target Price Odds to finish below 6.3
The tendency of Armstrong 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 stay under $ 6.30 after 90 days |
| 0.35 | 90 days | 6.30 | close to 99 |
Based on a normal probability distribution, the odds of Armstrong Flooring to stay under $ 6.30 after 90 days from now is close to 99 (This Armstrong Flooring probability density function shows the probability of Armstrong Stock to fall within a particular range of prices over 90 days) . Probability of Armstrong Flooring price to stay between its current price of $ 0.35 and $ 6.30 at the end of the 90-day period is about 82.32 .
Considering the 90-day investment horizon Armstrong Flooring has a beta of -13.12. This suggests as returns on its benchmark rise, returns on holding Armstrong Flooring are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Armstrong Flooring is expected to outperform its benchmark. In addition to that Armstrong Flooring has an alpha of 2.5533, implying that it can generate a 2.55 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Armstrong Flooring Price Density |
| Price |
Predictive Modules for Armstrong Flooring
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Armstrong Flooring. 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 Armstrong Flooring'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.
Armstrong Flooring Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Armstrong Flooring is not an exception. The market had few large corrections towards the Armstrong Flooring'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 Armstrong Flooring, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Armstrong Flooring within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 2.55 | |
β | Beta against NYSE Composite | -13.12 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | 0.03 |
Armstrong Flooring 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 Armstrong Flooring for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Armstrong Flooring can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Armstrong Flooring is not yet fully synchronised with the market data | |
| Armstrong Flooring has some characteristics of a very speculative penny stock | |
| Armstrong Flooring has a very high chance of going through financial distress in the upcoming years | |
| The company has 131.1 M in debt with debt to equity (D/E) ratio of 0.66, which is OK given its current industry classification. Armstrong Flooring has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Armstrong Flooring until it has trouble settling it off, either with new capital or with free cash flow. So, Armstrong Flooring's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Armstrong Flooring sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Armstrong to invest in growth at high rates of return. When we think about Armstrong Flooring's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 649.9 M. Reported Net Loss for the year was (53 M) with profit before taxes, overhead, and interest of 78.6 M. | |
| Armstrong Flooring has about 9.7 M in cash with (70.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from zacks.com: Disposition of 6620 shares by Lori Bondar of Tyson Foods at 48.74 subject to Rule 16b-3 |
Armstrong Flooring 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 Armstrong Stock often depends not only on the future outlook of the current and potential Armstrong Flooring'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. Armstrong Flooring's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Percent Shares Out | 0.50% | |
| Short Percent Of Float | 0.59% | |
| Float Shares | 17.91M | |
| Shares Short Prior Month | 53.73k | |
| Average Daily Volume Last 10 Day | 9.59M | |
| Average Daily Volume In Three Month | 4.65M | |
| Date Short Interest | 29th of April 2022 |
Armstrong Flooring Technical Analysis
Armstrong Flooring's future price can be derived by breaking down and analyzing its technical indicators over time. Armstrong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Armstrong Flooring. In general, you should focus on analyzing Armstrong Stock price patterns and their correlations with different microeconomic environments and drivers.
Armstrong Flooring Predictive Forecast Models
Armstrong Flooring's time-series forecasting models is one of many Armstrong Flooring'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 Armstrong Flooring'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 Armstrong Flooring
Checking the ongoing alerts about Armstrong Flooring for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Armstrong Flooring help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Armstrong Flooring is not yet fully synchronised with the market data | |
| Armstrong Flooring has some characteristics of a very speculative penny stock | |
| Armstrong Flooring has a very high chance of going through financial distress in the upcoming years | |
| The company has 131.1 M in debt with debt to equity (D/E) ratio of 0.66, which is OK given its current industry classification. Armstrong Flooring has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Armstrong Flooring until it has trouble settling it off, either with new capital or with free cash flow. So, Armstrong Flooring's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Armstrong Flooring sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Armstrong to invest in growth at high rates of return. When we think about Armstrong Flooring's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 649.9 M. Reported Net Loss for the year was (53 M) with profit before taxes, overhead, and interest of 78.6 M. | |
| Armstrong Flooring has about 9.7 M in cash with (70.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from zacks.com: Disposition of 6620 shares by Lori Bondar of Tyson Foods at 48.74 subject to Rule 16b-3 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Armstrong Flooring information on this page should be used as a complementary analysis to other Armstrong Flooring'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Armstrong Stock
If you are still planning to invest in Armstrong Flooring check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Armstrong Flooring's history and understand the potential risks before investing.
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