Wishpond Stock Today

WISH Stock  CAD 0.72  0.02  2.70%   
Market Performance
5 of 100
Odds Of Distress
Over 60
Wishpond Technologies is selling for under 0.72 as of the 5th of February 2023; that is -2.7% down since the beginning of the trading day. The stock's lowest day price was 0.72. Wishpond Technologies has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Wishpond Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of January 2022 and ending today, the 5th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Technology
ISIN
CA97730P2061
Wishpond Technologies Ltd. engages in the provision of technological digital marketing solutions for businesses in the United States, Canada, and internationally. Wishpond Technologies Ltd. is headquartered in Vancouver, Canada. WISHPOND TECHNOLOGIES operates under SoftwareApplication classification in Exotistan and is traded on Commodity Exchange. The company has 53.62 M outstanding shares of which 10.9 K shares are at this time shorted by private and institutional investors with about 1.25 days to cover all short positions. More on Wishpond Technologies
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Wishpond Technologies Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wishpond Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wishpond Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Wishpond Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Wishpond Technologies (WISH) is traded on TSX Venture Exchange in Canada and employs 270 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 38.61 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wishpond Technologies's market, we take the total number of its shares issued and multiply it by Wishpond Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wishpond Technologies operates under Technology sector and is part of Software—Application industry. The entity has 53.62 M outstanding shares of which 10.9 K shares are at this time shorted by private and institutional investors with about 1.25 days to cover all short positions. Wishpond Technologies has accumulated about 10.17 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2.
Check Wishpond Technologies Probability Of Bankruptcy
Ownership
Wishpond Technologies owns a total of 53.62 Million outstanding shares. Wishpond Technologies owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Wishpond Ownership Details

Wishpond Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Wishpond Technologies jumping above the current price in 90 days from now is about 81.89%. The Wishpond Technologies probability density function shows the probability of Wishpond Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Wishpond Technologies has a beta of 0.1897. This entails as returns on the market go up, Wishpond Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wishpond Technologies will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Wishpond Technologies is significantly underperforming NYSE Composite.
  Odds Below 0.72HorizonTargetOdds Above 0.72
17.97%90 days
 0.72 
81.89%
Based on a normal probability distribution, the odds of Wishpond Technologies to move above the current price in 90 days from now is about 81.89 (This Wishpond Technologies probability density function shows the probability of Wishpond Stock to fall within a particular range of prices over 90 days) .

Wishpond Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wishpond Technologies market risk premium is the additional return an investor will receive from holding Wishpond Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wishpond Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Wishpond Technologies' alpha and beta are two of the key measurements used to evaluate Wishpond Technologies' performance over the market, the standard measures of volatility play an important role as well.

Wishpond Stock Against Markets

Picking the right benchmark for Wishpond Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wishpond Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wishpond Technologies is critical whether you are bullish or bearish towards Wishpond Technologies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wishpond Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Wishpond Technologies Corporate Management

Elected by the shareholders, the Wishpond Technologies' board of directors comprises two types of representatives: Wishpond Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wishpond. The board's role is to monitor Wishpond Technologies' management team and ensure that shareholders' interests are well served. Wishpond Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wishpond Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jordan Gutierrez - COO DirectorProfile
David Pais - Chief OfficerProfile
BHK MBA - Company SecProfile
Nicholas Steeves - Gen PersistIQProfile
Ali Tajskandar - CEO FounderProfile
Dennis Zelada - Chief OfficerProfile

Invested in Wishpond Technologies?

The danger of trading Wishpond Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wishpond Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wishpond Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wishpond Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist. Note that the Wishpond Technologies information on this page should be used as a complementary analysis to other Wishpond Technologies' 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Wishpond Stock analysis

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