Danavation Technologies Corp Stock Probability of Future Pink Sheet Price Finishing Over 5.0E-4
| DVNCF Stock | USD 0.0005 0.0007 58.33% |
Danavation |
Danavation Technologies Target Price Odds to finish over 5.0E-4
The tendency of Danavation 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 move above the current price in 90 days |
| 0.0005 | 90 days | 0.0005 | about 82.55 |
Based on a normal probability distribution, the odds of Danavation Technologies to move above the current price in 90 days from now is about 82.55 (This Danavation Technologies Corp probability density function shows the probability of Danavation Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Danavation Technologies Corp has a beta of -5.49 suggesting as returns on its benchmark rise, returns on holding Danavation Technologies Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Danavation Technologies is expected to outperform its benchmark. In addition to that Danavation Technologies Corp has an alpha of 6.4365, implying that it can generate a 6.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Danavation Technologies Price Density |
| Price |
Predictive Modules for Danavation 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 Danavation 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 Danavation 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.
Danavation Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Danavation Technologies is not an exception. The market had few large corrections towards the Danavation 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 Danavation Technologies Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Danavation Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 6.44 | |
β | Beta against Dow Jones | -5.49 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.09 |
Danavation 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 Danavation Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Danavation 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.| Danavation Technologies is way too risky over 90 days horizon | |
| Danavation Technologies has some characteristics of a very speculative penny stock | |
| Danavation Technologies appears to be risky and price may revert if volatility continues | |
| Danavation Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Danavation Technologies Corp has accumulated 3.36 M in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Danavation Technologies has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Danavation Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Danavation 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 Danavation Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Danavation to invest in growth at high rates of return. When we think about Danavation Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.15 M. Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 341.04 K. | |
| Danavation Technologies Corp has accumulated about 19.06 K in cash with (4.12 M) of positive cash flow from operations. |
Danavation Technologies 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 Danavation Pink Sheet often depends not only on the future outlook of the current and potential Danavation Technologies' 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. Danavation Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 104.3 M | |
| Short Long Term Debt | 775.8 K | |
| Shares Float | 65.1 M |
Danavation Technologies Technical Analysis
Danavation Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Danavation Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Danavation Technologies Corp. In general, you should focus on analyzing Danavation Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Danavation Technologies Predictive Forecast Models
Danavation Technologies' time-series forecasting models is one of many Danavation 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 Danavation 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 Danavation Technologies
Checking the ongoing alerts about Danavation Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Danavation Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Danavation Technologies is way too risky over 90 days horizon | |
| Danavation Technologies has some characteristics of a very speculative penny stock | |
| Danavation Technologies appears to be risky and price may revert if volatility continues | |
| Danavation Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Danavation Technologies Corp has accumulated 3.36 M in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Danavation Technologies has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Danavation Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Danavation 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 Danavation Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Danavation to invest in growth at high rates of return. When we think about Danavation Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.15 M. Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 341.04 K. | |
| Danavation Technologies Corp has accumulated about 19.06 K in cash with (4.12 M) of positive cash flow from operations. |
Other Information on Investing in Danavation Pink Sheet
Danavation Technologies financial ratios help investors to determine whether Danavation 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 Danavation with respect to the benefits of owning Danavation Technologies security.