Edoc Acquisition Corp Probability of Future Stock Price Finishing Under 11.15

ADOCDelisted Stock  USD 11.30  0.04  0.35%   
Edoc Acquisition's future price is the expected price of Edoc Acquisition 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 Edoc Acquisition Corp performance during a given time horizon utilizing its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
  
Please specify Edoc Acquisition's target price for which you would like Edoc Acquisition odds to be computed.

Edoc Acquisition Target Price Odds to finish below 11.15

The tendency of Edoc 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 drop to $ 11.15  or more in 90 days
 11.30 90 days 11.15 
under 95
Based on a normal probability distribution, the odds of Edoc Acquisition to drop to $ 11.15  or more in 90 days from now is under 95 (This Edoc Acquisition Corp probability density function shows the probability of Edoc Stock to fall within a particular range of prices over 90 days) . Probability of Edoc Acquisition Corp price to stay between $ 11.15  and its current price of $11.3 at the end of the 90-day period is about 5.44 .
Given the investment horizon of 90 days Edoc Acquisition Corp has a beta of -0.0477. This suggests as returns on the benchmark increase, returns on holding Edoc Acquisition are expected to decrease at a much lower rate. During a bear market, however, Edoc Acquisition Corp is likely to outperform the market. Additionally Edoc Acquisition Corp has an alpha of 0.0621, implying that it can generate a 0.0621 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Edoc Acquisition Price Density   
       Price  

Predictive Modules for Edoc Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edoc Acquisition Corp. 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.
Hype
Prediction
LowEstimatedHigh
11.3011.3011.30
Details
Intrinsic
Valuation
LowRealHigh
9.539.5312.43
Details

Edoc Acquisition Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Edoc Acquisition is not an exception. The market had few large corrections towards the Edoc Acquisition'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 Edoc Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edoc Acquisition within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.06
β
Beta against Dow Jones-0.05
σ
Overall volatility
0.12
Ir
Information ratio -0.09

Edoc Acquisition 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 Edoc Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edoc Acquisition 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.
Edoc Acquisition is not yet fully synchronised with the market data
Edoc Acquisition has a very high chance of going through financial distress in the upcoming years
Edoc Acquisition Corp currently holds 2.21 M in liabilities. Edoc Acquisition Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Edoc Acquisition's use of debt, we should always consider it together with its cash and equity.
Net Loss for the year was (2 M) with profit before overhead, payroll, taxes, and interest of 0.
Edoc Acquisition Corp currently holds about 4.1 K in cash with (1.04 M) of positive cash flow from operations.

Edoc Acquisition 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 Edoc Stock often depends not only on the future outlook of the current and potential Edoc Acquisition'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. Edoc Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding5.9 M
Cash And Short Term Investments13.7 K

Edoc Acquisition Technical Analysis

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

Edoc Acquisition Predictive Forecast Models

Edoc Acquisition's time-series forecasting models is one of many Edoc Acquisition'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 Edoc Acquisition'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 Edoc Acquisition Corp

Checking the ongoing alerts about Edoc Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edoc Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Edoc Acquisition is not yet fully synchronised with the market data
Edoc Acquisition has a very high chance of going through financial distress in the upcoming years
Edoc Acquisition Corp currently holds 2.21 M in liabilities. Edoc Acquisition Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Edoc Acquisition's use of debt, we should always consider it together with its cash and equity.
Net Loss for the year was (2 M) with profit before overhead, payroll, taxes, and interest of 0.
Edoc Acquisition Corp currently holds about 4.1 K in cash with (1.04 M) of positive cash flow from operations.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in Edoc Stock

If you are still planning to invest in Edoc Acquisition Corp 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 Edoc Acquisition's history and understand the potential risks before investing.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings