Edify Acquisition Corp Probability of Future Stock Price Finishing Under 10.25
| EACPUDelisted Stock | USD 10.70 0.00 0.00% |
Edify |
Edify Acquisition Target Price Odds to finish below 10.25
The tendency of Edify 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 $ 10.25 or more in 90 days |
| 10.70 | 90 days | 10.25 | about 9.59 |
Based on a normal probability distribution, the odds of Edify Acquisition to drop to $ 10.25 or more in 90 days from now is about 9.59 (This Edify Acquisition Corp probability density function shows the probability of Edify Stock to fall within a particular range of prices over 90 days) . Probability of Edify Acquisition Corp price to stay between $ 10.25 and its current price of $10.7 at the end of the 90-day period is about 87.38 .
Assuming the 90 days horizon Edify Acquisition has a beta of 0.063 suggesting as returns on the market go up, Edify Acquisition average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edify Acquisition Corp will be expected to be much smaller as well. Additionally Edify Acquisition Corp has an alpha of 0.0617, implying that it can generate a 0.0617 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Edify Acquisition Price Density |
| Price |
Predictive Modules for Edify Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edify Acquisition Corp. 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.Edify Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edify Acquisition is not an exception. The market had few large corrections towards the Edify Acquisition'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 Edify Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edify Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.11 |
Edify Acquisition 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 Edify Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edify Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edify Acquisition is not yet fully synchronised with the market data | |
| Edify Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Edify Acquisition Corp has accumulated 594.38 K in total debt with debt to equity ratio (D/E) of 1.25, which is about average as compared to similar companies. Edify Acquisition Corp has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Edify Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| Edify Acquisition Corp has accumulated about 67.94 K in cash with (2.21 M) of positive cash flow from operations. |
Edify Acquisition 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 Edify Stock often depends not only on the future outlook of the current and potential Edify Acquisition'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. Edify Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.9 M | |
| Cash And Short Term Investments | 67.9 K |
Edify Acquisition Technical Analysis
Edify Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Edify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edify Acquisition Corp. In general, you should focus on analyzing Edify Stock price patterns and their correlations with different microeconomic environments and drivers.
Edify Acquisition Predictive Forecast Models
Edify Acquisition's time-series forecasting models is one of many Edify Acquisition'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 Edify Acquisition'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 Edify Acquisition Corp
Checking the ongoing alerts about Edify Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edify Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edify Acquisition is not yet fully synchronised with the market data | |
| Edify Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Edify Acquisition Corp has accumulated 594.38 K in total debt with debt to equity ratio (D/E) of 1.25, which is about average as compared to similar companies. Edify Acquisition Corp has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Edify Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| Edify Acquisition Corp has accumulated about 67.94 K in cash with (2.21 M) of positive cash flow from operations. |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Edify Stock
If you are still planning to invest in Edify Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Edify Acquisition's history and understand the potential risks before investing.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |