Identa Corp Stock Probability of Future OTC Stock Price Finishing Under 0.37
| IDTA Stock | USD 0.22 0.02 10.00% |
Identa |
Identa Corp Target Price Odds to finish below 0.37
The tendency of Identa OTC 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 $ 0.37 after 90 days |
| 0.22 | 90 days | 0.37 | close to 99 |
Based on a normal probability distribution, the odds of Identa Corp to stay under $ 0.37 after 90 days from now is close to 99 (This Identa Corp probability density function shows the probability of Identa OTC Stock to fall within a particular range of prices over 90 days) . Probability of Identa Corp price to stay between its current price of $ 0.22 and $ 0.37 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Identa Corp has a beta of -3.35. This usually indicates as returns on its benchmark rise, returns on holding Identa Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Identa Corp is expected to outperform its benchmark. Moreover Identa Corp has an alpha of 1.6546, implying that it can generate a 1.65 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Identa Corp Price Density |
| Price |
Predictive Modules for Identa Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Identa Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Identa Corp'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.
Identa Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Identa Corp is not an exception. The market had few large corrections towards the Identa Corp'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 Identa Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Identa Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.65 | |
β | Beta against NYSE Composite | -3.35 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.1 |
Identa Corp 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 Identa Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Identa Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Identa Corp is way too risky over 90 days horizon | |
| Identa Corp has some characteristics of a very speculative penny stock | |
| Identa Corp appears to be risky and price may revert if volatility continues | |
| The company currently holds 1.07 M in liabilities. Identa Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Identa Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Identa Corp'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 Identa Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Identa to invest in growth at high rates of return. When we think about Identa Corp's use of debt, we should always consider it together with cash and equity. | |
| Identa Corp currently holds about 39.44 K in cash with (88.95 K) of positive cash flow from operations. |
Identa Corp 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 Identa OTC Stock often depends not only on the future outlook of the current and potential Identa Corp'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. Identa Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 M |
Identa Corp Technical Analysis
Identa Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Identa OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Identa Corp. In general, you should focus on analyzing Identa OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Identa Corp Predictive Forecast Models
Identa Corp's time-series forecasting models is one of many Identa Corp's otc 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 Identa Corp'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 otc stock market movement and maximize returns from investment trading.
Things to note about Identa Corp
Checking the ongoing alerts about Identa Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Identa Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Identa Corp is way too risky over 90 days horizon | |
| Identa Corp has some characteristics of a very speculative penny stock | |
| Identa Corp appears to be risky and price may revert if volatility continues | |
| The company currently holds 1.07 M in liabilities. Identa Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Identa Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Identa Corp'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 Identa Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Identa to invest in growth at high rates of return. When we think about Identa Corp's use of debt, we should always consider it together with cash and equity. | |
| Identa Corp currently holds about 39.44 K in cash with (88.95 K) of positive cash flow from operations. |
Check out Identa Corp Backtesting, Identa Corp Valuation, Identa Corp Correlation, Identa Corp Hype Analysis, Identa Corp Volatility, Identa Corp History as well as Identa Corp Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Identa OTC Stock analysis
When running Identa Corp's price analysis, check to measure Identa Corp'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 Identa Corp is operating at the current time. Most of Identa Corp's value examination focuses on studying past and present price action to predict the probability of Identa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Identa Corp's price. Additionally, you may evaluate how the addition of Identa Corp to your portfolios can decrease your overall portfolio volatility.
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