Axis Technologies Group Stock Probability of Future Pink Sheet Price Finishing Under 6.43E-4
| AXTG Stock | USD 0.0004 0.0003 42.86% |
Axis |
Axis Technologies Target Price Odds to finish below 6.43E-4
The tendency of Axis 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 stay under $ 0.0006 after 90 days |
| 0.0004 | 90 days | 0.0006 | about 44.81 |
Based on a normal probability distribution, the odds of Axis Technologies to stay under $ 0.0006 after 90 days from now is about 44.81 (This Axis Technologies Group probability density function shows the probability of Axis Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Axis Technologies price to stay between its current price of $ 0.0004 and $ 0.0006 at the end of the 90-day period is about 11.22 .
Given the investment horizon of 90 days Axis Technologies Group has a beta of -6.6. This suggests as returns on its benchmark rise, returns on holding Axis Technologies Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Axis Technologies is expected to outperform its benchmark. In addition to that Axis Technologies Group has an alpha of 12.233, implying that it can generate a 12.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Axis Technologies Price Density |
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Predictive Modules for Axis Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Axis Technologies. 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 Axis Technologies' 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.
Axis Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Axis Technologies is not an exception. The market had few large corrections towards the Axis Technologies' 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 Axis Technologies Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Axis Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 12.23 | |
β | Beta against Dow Jones | -6.6 | |
σ | Overall volatility | 0.0008 | |
Ir | Information ratio | 0.19 |
Axis Technologies 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 Axis Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Axis Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Axis Technologies is way too risky over 90 days horizon | |
| Axis Technologies has some characteristics of a very speculative penny stock | |
| Axis Technologies appears to be risky and price may revert if volatility continues | |
| Axis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Axis Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Axis Technologies' 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 Axis Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Axis to invest in growth at high rates of return. When we think about Axis Technologies' use of debt, we should always consider it together with cash and equity. | |
| Axis Technologies reported the previous year's revenue of 429.24 K. Net Loss for the year was (2.27 M) with profit before overhead, payroll, taxes, and interest of 99.51 K. | |
| Axis Technologies Group currently holds about 11.49 K in cash with (257.4 K) of positive cash flow from operations. |
Axis Technologies Technical Analysis
Axis Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Axis Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Axis Technologies Group. In general, you should focus on analyzing Axis Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Axis Technologies Predictive Forecast Models
Axis Technologies' time-series forecasting models is one of many Axis Technologies' 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 Axis Technologies' 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 Axis Technologies
Checking the ongoing alerts about Axis Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Axis Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Axis Technologies is way too risky over 90 days horizon | |
| Axis Technologies has some characteristics of a very speculative penny stock | |
| Axis Technologies appears to be risky and price may revert if volatility continues | |
| Axis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Axis Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Axis Technologies' 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 Axis Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Axis to invest in growth at high rates of return. When we think about Axis Technologies' use of debt, we should always consider it together with cash and equity. | |
| Axis Technologies reported the previous year's revenue of 429.24 K. Net Loss for the year was (2.27 M) with profit before overhead, payroll, taxes, and interest of 99.51 K. | |
| Axis Technologies Group currently holds about 11.49 K in cash with (257.4 K) of positive cash flow from operations. |
Other Information on Investing in Axis Pink Sheet
Axis Technologies financial ratios help investors to determine whether Axis Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axis with respect to the benefits of owning Axis Technologies security.