Ackroo Inc Stock Chance of Future Stock Price Finishing Under 0.14
| AKR Stock | CAD 0.14 0.02 16.67% |
Ackroo |
Ackroo Target Price Odds to finish below 0.14
The tendency of Ackroo 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 move below current price in 90 days |
| 0.14 | 90 days | 0.14 | about 90.39 |
Based on a normal probability distribution, the odds of Ackroo to move below current price in 90 days from now is about 90.39 (This Ackroo Inc probability density function shows the probability of Ackroo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.57 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ackroo will likely underperform. Additionally Ackroo Inc has an alpha of 0.6688, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ackroo Price Density |
| Price |
Predictive Modules for Ackroo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ackroo Inc. 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.Ackroo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ackroo is not an exception. The market had few large corrections towards the Ackroo'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 Ackroo Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ackroo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | 1.57 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.09 |
Ackroo 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 Ackroo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ackroo Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ackroo Inc is way too risky over 90 days horizon | |
| Ackroo Inc has some characteristics of a very speculative penny stock | |
| Ackroo Inc appears to be risky and price may revert if volatility continues | |
| About 43.0% of the company shares are held by company insiders |
Ackroo 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 Ackroo Stock often depends not only on the future outlook of the current and potential Ackroo'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. Ackroo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 120.7 M | |
| Cash And Short Term Investments | 200.6 K |
Ackroo Technical Analysis
Ackroo's future price can be derived by breaking down and analyzing its technical indicators over time. Ackroo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ackroo Inc. In general, you should focus on analyzing Ackroo Stock price patterns and their correlations with different microeconomic environments and drivers.
Ackroo Predictive Forecast Models
Ackroo's time-series forecasting models is one of many Ackroo'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 Ackroo'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 Ackroo Inc
Checking the ongoing alerts about Ackroo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ackroo Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ackroo Inc is way too risky over 90 days horizon | |
| Ackroo Inc has some characteristics of a very speculative penny stock | |
| Ackroo Inc appears to be risky and price may revert if volatility continues | |
| About 43.0% of the company shares are held by company insiders |
Additional Tools for Ackroo Stock Analysis
When running Ackroo's price analysis, check to measure Ackroo'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 Ackroo is operating at the current time. Most of Ackroo's value examination focuses on studying past and present price action to predict the probability of Ackroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackroo's price. Additionally, you may evaluate how the addition of Ackroo to your portfolios can decrease your overall portfolio volatility.