Allstar Health Brands Stock Probability of Future Pink Sheet Price Finishing Under 6.15E-4
| ALST Stock | USD 0.0007 0.0001 16.67% |
Allstar |
Allstar Health Target Price Odds to finish below 6.15E-4
The tendency of Allstar Pink Sheet 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 drop to $ 0.0006 or more in 90 days |
| 0.0007 | 90 days | 0.0006 | about 32.94 |
Based on a normal probability distribution, the odds of Allstar Health to drop to $ 0.0006 or more in 90 days from now is about 32.94 (This Allstar Health Brands probability density function shows the probability of Allstar Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Allstar Health Brands price to stay between $ 0.0006 and its current price of $7.0E-4 at the end of the 90-day period is about 43.55 .
Given the investment horizon of 90 days Allstar Health Brands has a beta of -1.93. This suggests as returns on its benchmark rise, returns on holding Allstar Health Brands are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Allstar Health is expected to outperform its benchmark. Additionally Allstar Health Brands has an alpha of 0.8582, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Allstar Health Price Density |
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Predictive Modules for Allstar Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allstar Health Brands. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Allstar Health'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.
Allstar Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allstar Health is not an exception. The market had few large corrections towards the Allstar Health'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 Allstar Health Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allstar Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | -1.93 | |
σ | Overall volatility | 0.000073 | |
Ir | Information ratio | 0.06 |
Allstar Health 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 Allstar Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allstar Health Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Allstar Health had very high historical volatility over the last 90 days | |
| Allstar Health has some characteristics of a very speculative penny stock | |
| Allstar Health has high likelihood to experience some financial distress in the next 2 years | |
| Allstar Health Brands currently holds 2.88 M in liabilities. Allstar Health Brands has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Allstar Health until it has trouble settling it off, either with new capital or with free cash flow. So, Allstar Health'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 Allstar Health Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstar to invest in growth at high rates of return. When we think about Allstar Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 33.87 K. Net Loss for the year was (7.09 M) with loss before overhead, payroll, taxes, and interest of (95.76 K). | |
| Allstar Health generates negative cash flow from operations |
Allstar Health Technical Analysis
Allstar Health's future price can be derived by breaking down and analyzing its technical indicators over time. Allstar Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allstar Health Brands. In general, you should focus on analyzing Allstar Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Allstar Health Predictive Forecast Models
Allstar Health's time-series forecasting models is one of many Allstar Health's pink sheet 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 Allstar Health'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Allstar Health Brands
Checking the ongoing alerts about Allstar Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allstar Health Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Allstar Health had very high historical volatility over the last 90 days | |
| Allstar Health has some characteristics of a very speculative penny stock | |
| Allstar Health has high likelihood to experience some financial distress in the next 2 years | |
| Allstar Health Brands currently holds 2.88 M in liabilities. Allstar Health Brands has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Allstar Health until it has trouble settling it off, either with new capital or with free cash flow. So, Allstar Health'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 Allstar Health Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstar to invest in growth at high rates of return. When we think about Allstar Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 33.87 K. Net Loss for the year was (7.09 M) with loss before overhead, payroll, taxes, and interest of (95.76 K). | |
| Allstar Health generates negative cash flow from operations |
Additional Tools for Allstar Pink Sheet Analysis
When running Allstar Health's price analysis, check to measure Allstar Health'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 Allstar Health is operating at the current time. Most of Allstar Health's value examination focuses on studying past and present price action to predict the probability of Allstar Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstar Health's price. Additionally, you may evaluate how the addition of Allstar Health to your portfolios can decrease your overall portfolio volatility.