Fortran Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.0228
| FRTN Stock | USD 0.02 0.01 46.47% |
Fortran |
Fortran Corp Target Price Odds to finish over 0.0228
The tendency of Fortran 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 above $ 0.02 in 90 days |
| 0.02 | 90 days | 0.02 | about 12.7 |
Based on a normal probability distribution, the odds of Fortran Corp to stay above $ 0.02 in 90 days from now is about 12.7 (This Fortran Corp probability density function shows the probability of Fortran Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Fortran Corp price to stay between $ 0.02 and its current price of $0.0249 at the end of the 90-day period is about 5.67 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 10.24 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fortran Corp will likely underperform. In addition to that Fortran Corp has an alpha of 4.7334, implying that it can generate a 4.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fortran Corp Price Density |
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Predictive Modules for Fortran Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortran Corp. 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 Fortran Corp's 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.
Fortran Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortran Corp is not an exception. The market had few large corrections towards the Fortran Corp'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 Fortran Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortran Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 4.73 | |
β | Beta against Dow Jones | 10.24 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.17 |
Fortran Corp 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 Fortran Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fortran 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.| Fortran Corp is way too risky over 90 days horizon | |
| Fortran Corp has some characteristics of a very speculative penny stock | |
| Fortran Corp appears to be risky and price may revert if volatility continues | |
| Fortran Corp currently holds 1.75 M in liabilities with Debt to Equity (D/E) ratio of 3.68, implying the company greatly relies on financing operations through barrowing. Fortran Corp has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Fortran Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Fortran Corp's 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 Fortran Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortran to invest in growth at high rates of return. When we think about Fortran Corp's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 12.72 M. Net Loss for the year was (336.42 K) with profit before overhead, payroll, taxes, and interest of 1.47 M. |
Fortran Corp Technical Analysis
Fortran Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Fortran Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortran Corp. In general, you should focus on analyzing Fortran Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Fortran Corp Predictive Forecast Models
Fortran Corp's time-series forecasting models is one of many Fortran Corp's 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 Fortran Corp'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Fortran Corp
Checking the ongoing alerts about Fortran Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fortran Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fortran Corp is way too risky over 90 days horizon | |
| Fortran Corp has some characteristics of a very speculative penny stock | |
| Fortran Corp appears to be risky and price may revert if volatility continues | |
| Fortran Corp currently holds 1.75 M in liabilities with Debt to Equity (D/E) ratio of 3.68, implying the company greatly relies on financing operations through barrowing. Fortran Corp has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Fortran Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Fortran Corp's 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 Fortran Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortran to invest in growth at high rates of return. When we think about Fortran Corp's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 12.72 M. Net Loss for the year was (336.42 K) with profit before overhead, payroll, taxes, and interest of 1.47 M. |
Other Information on Investing in Fortran Pink Sheet
Fortran Corp financial ratios help investors to determine whether Fortran 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 Fortran with respect to the benefits of owning Fortran Corp security.