Edible Garden Ag Stock Probability of Future Stock Price Finishing Over 39.02
| EDBL Stock | USD 0.35 0.04 12.90% |
Edible |
Edible Garden Target Price Odds to finish over 39.02
The tendency of Edible 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 move over $ 39.02 or more in 90 days |
| 0.35 | 90 days | 39.02 | close to zero percent |
Based on a normal probability distribution, the odds of Edible Garden to move over $ 39.02 or more in 90 days from now is close to zero percent (This Edible Garden AG probability density function shows the probability of Edible Stock to fall within a particular range of prices over 90 days) . Probability of Edible Garden AG price to stay between its current price of $ 0.35 and $ 39.02 at the end of the 90-day period is roughly 2.03 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.47 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Edible Garden will likely underperform. Additionally Edible Garden AG has an alpha of 0.1271, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Edible Garden Price Density |
| Price |
Predictive Modules for Edible Garden
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edible Garden AG. 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.Edible Garden Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edible Garden is not an exception. The market had few large corrections towards the Edible Garden'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 Edible Garden AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edible Garden within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 3.47 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.01 |
Edible Garden 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 Edible Garden for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edible Garden AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edible Garden AG is way too risky over 90 days horizon | |
| Edible Garden AG has some characteristics of a very speculative penny stock | |
| Edible Garden AG appears to be risky and price may revert if volatility continues | |
| Edible Garden AG has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 14.05 M. Net Loss for the year was (10.19 M) with profit before overhead, payroll, taxes, and interest of 648 K. | |
| Edible Garden AG currently holds about 5.7 M in cash with (8.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Edible Garden AG has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: Edible Garden Enters Into Warrant Exercise Transaction for 3.0 Million in Gross Proceeds |
Edible Garden 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 Edible Stock often depends not only on the future outlook of the current and potential Edible Garden'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. Edible Garden's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 170 K | |
| Cash And Short Term Investments | 510 K |
Edible Garden Technical Analysis
Edible Garden's future price can be derived by breaking down and analyzing its technical indicators over time. Edible Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edible Garden AG. In general, you should focus on analyzing Edible Stock price patterns and their correlations with different microeconomic environments and drivers.
Edible Garden Predictive Forecast Models
Edible Garden's time-series forecasting models is one of many Edible Garden'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 Edible Garden'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 Edible Garden AG
Checking the ongoing alerts about Edible Garden for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edible Garden AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edible Garden AG is way too risky over 90 days horizon | |
| Edible Garden AG has some characteristics of a very speculative penny stock | |
| Edible Garden AG appears to be risky and price may revert if volatility continues | |
| Edible Garden AG has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 14.05 M. Net Loss for the year was (10.19 M) with profit before overhead, payroll, taxes, and interest of 648 K. | |
| Edible Garden AG currently holds about 5.7 M in cash with (8.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Edible Garden AG has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: Edible Garden Enters Into Warrant Exercise Transaction for 3.0 Million in Gross Proceeds |
Check out Edible Garden Backtesting, Edible Garden Valuation, Edible Garden Correlation, Edible Garden Hype Analysis, Edible Garden Volatility, Edible Garden History as well as Edible Garden Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Packaged Foods & Meats 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 Edible Garden. If investors know Edible 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 Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.61) | Revenue Per Share 21.628 | Quarterly Revenue Growth 0.011 | Return On Assets (0.58) | Return On Equity (6.03) |
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden's 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 Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden's 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 Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden's 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.