Can Fite (Israel) Odds of Future Stock Price Finishing Over 0.00

CANF Stock   2.80  0.10  3.45%   
Can Fite's future price is the expected price of Can Fite 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 Can Fite Biopharma performance during a given time horizon utilizing its historical volatility. Check out Can Fite Backtesting, Can Fite Valuation, Can Fite Correlation, Can Fite Hype Analysis, Can Fite Volatility, Can Fite History as well as Can Fite Performance.
  
Please specify Can Fite's target price for which you would like Can Fite odds to be computed.

Can Fite Target Price Odds to finish over 0.00

The tendency of Can 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 stay above  0.00  in 90 days
 2.80 90 days 0.00 
close to 99
Based on a normal probability distribution, the odds of Can Fite to stay above  0.00  in 90 days from now is close to 99 (This Can Fite Biopharma probability density function shows the probability of Can Stock to fall within a particular range of prices over 90 days) . Probability of Can Fite Biopharma price to stay between  0.00  and its current price of 2.8 at the end of the 90-day period is over 95.5 .
Assuming the 90 days trading horizon Can Fite has a beta of 0.27 suggesting as returns on the market go up, Can Fite average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Can Fite Biopharma will be expected to be much smaller as well. Additionally Can Fite Biopharma has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Can Fite Price Density   
       Price  

Predictive Modules for Can Fite

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Can Fite Biopharma. 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 Can Fite'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
0.000.002.54
Details
Intrinsic
Valuation
LowRealHigh
0.000.002.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Can Fite. Your research has to be compared to or analyzed against Can Fite's peers to derive any actionable benefits. When done correctly, Can Fite'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 Can Fite Biopharma.

Can Fite Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Can Fite is not an exception. The market had few large corrections towards the Can Fite'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 Can Fite Biopharma, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Can Fite within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.06
β
Beta against NYSE Composite0.27
σ
Overall volatility
0.08
Ir
Information ratio -0.06

Can Fite 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 Can Fite for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Can Fite Biopharma can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Can Fite Biopharma has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 853 K. Net Loss for the year was (12.62 M) with profit before overhead, payroll, taxes, and interest of 853 K.
Can Fite Biopharma has accumulated about 3.21 M in cash with (9.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.

Can Fite 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 Can Stock often depends not only on the future outlook of the current and potential Can Fite'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. Can Fite's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding815.7 M

Can Fite Technical Analysis

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

Can Fite Predictive Forecast Models

Can Fite's time-series forecasting models is one of many Can Fite'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 Can Fite'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 Can Fite Biopharma

Checking the ongoing alerts about Can Fite for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Can Fite Biopharma help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Can Fite Biopharma has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 853 K. Net Loss for the year was (12.62 M) with profit before overhead, payroll, taxes, and interest of 853 K.
Can Fite Biopharma has accumulated about 3.21 M in cash with (9.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
When determining whether Can Fite Biopharma is a strong investment it is important to analyze Can Fite'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 Can Fite's future performance. For an informed investment choice regarding Can Stock, refer to the following important reports:
Check out Can Fite Backtesting, Can Fite Valuation, Can Fite Correlation, Can Fite Hype Analysis, Can Fite Volatility, Can Fite History as well as Can Fite Performance.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Can Fite's price analysis, check to measure Can Fite'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 Can Fite is operating at the current time. Most of Can Fite's value examination focuses on studying past and present price action to predict the probability of Can Fite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Can Fite's price. Additionally, you may evaluate how the addition of Can Fite to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Can Fite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Can Fite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Can Fite'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.