Allbirds Stock Odds of Future Stock Price Finishing Under 0.11
| BIRD Stock | USD 8.45 0.41 5.10% |
Allbirds |
Allbirds Target Price Odds to finish below 0.11
The tendency of Allbirds 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 drop to $ 0.11 or more in 90 days |
| 8.45 | 90 days | 0.11 | near 1 |
Based on a normal probability distribution, the odds of Allbirds to drop to $ 0.11 or more in 90 days from now is near 1 (This Allbirds probability density function shows the probability of Allbirds Stock to fall within a particular range of prices over 90 days) . Probability of Allbirds price to stay between $ 0.11 and its current price of $8.45 at the end of the 90-day period is about 17.28 .
Given the investment horizon of 90 days Allbirds has a beta of 0.22 suggesting as returns on the market go up, Allbirds average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allbirds will be expected to be much smaller as well. Additionally Allbirds has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Allbirds Price Density |
| Price |
Predictive Modules for Allbirds
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allbirds. 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.Allbirds Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allbirds is not an exception. The market had few large corrections towards the Allbirds' 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 Allbirds, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allbirds within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.74 | |
Ir | Information ratio | -0.05 |
Allbirds 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 Allbirds for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allbirds can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Allbirds generated a negative expected return over the last 90 days | |
| Allbirds has high historical volatility and very poor performance | |
| Allbirds has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 254.06 M. Net Loss for the year was (152.46 M) with profit before overhead, payroll, taxes, and interest of 129.63 M. | |
| Allbirds currently holds about 207.29 M in cash with (30.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39. | |
| Latest headline from prnewswire.com: The U.S. Department of Homeland Security, Israels National Cyber Directorate, and the BIRD Foundation, Announce a Cybersecurity Call for Proposals |
Allbirds 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 Allbirds Stock often depends not only on the future outlook of the current and potential Allbirds' 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. Allbirds' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 151.7 M | |
| Cash And Short Term Investments | 130 M |
Allbirds Technical Analysis
Allbirds' future price can be derived by breaking down and analyzing its technical indicators over time. Allbirds Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allbirds. In general, you should focus on analyzing Allbirds Stock price patterns and their correlations with different microeconomic environments and drivers.
Allbirds Predictive Forecast Models
Allbirds' time-series forecasting models is one of many Allbirds' 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 Allbirds' 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 Allbirds
Checking the ongoing alerts about Allbirds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allbirds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Allbirds generated a negative expected return over the last 90 days | |
| Allbirds has high historical volatility and very poor performance | |
| Allbirds has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 254.06 M. Net Loss for the year was (152.46 M) with profit before overhead, payroll, taxes, and interest of 129.63 M. | |
| Allbirds currently holds about 207.29 M in cash with (30.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39. | |
| Latest headline from prnewswire.com: The U.S. Department of Homeland Security, Israels National Cyber Directorate, and the BIRD Foundation, Announce a Cybersecurity Call for Proposals |
Check out Allbirds Backtesting, Allbirds Valuation, Allbirds Correlation, Allbirds Hype Analysis, Allbirds Volatility, Allbirds History as well as Allbirds Performance. For information on how to trade Allbirds Stock refer to our How to Trade Allbirds Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allbirds. If investors know Allbirds will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allbirds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (16.17) | Revenue Per Share 26.416 | Quarterly Revenue Growth (0.25) | Return On Assets (0.21) | Return On Equity (0.68) |
The market value of Allbirds is measured differently than its book value, which is the value of Allbirds that is recorded on the company's balance sheet. Investors also form their own opinion of Allbirds' value that differs from its market value or its book value, called intrinsic value, which is Allbirds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allbirds' market value can be influenced by many factors that don't directly affect Allbirds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allbirds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allbirds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allbirds' 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.