Ifabric Corp Stock Probability of Future Stock Price Finishing Under 1.39
| IFA Stock | CAD 1.06 0.01 0.95% |
IFabric |
IFabric Corp Target Price Odds to finish below 1.39
The tendency of IFabric 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 stay under C$ 1.39 after 90 days |
| 1.06 | 90 days | 1.39 | close to 99 |
Based on a normal probability distribution, the odds of IFabric Corp to stay under C$ 1.39 after 90 days from now is close to 99 (This iFabric Corp probability density function shows the probability of IFabric Stock to fall within a particular range of prices over 90 days) . Probability of iFabric Corp price to stay between its current price of C$ 1.06 and C$ 1.39 at the end of the 90-day period is about 85.12 .
Assuming the 90 days trading horizon IFabric Corp has a beta of 0.12. This usually indicates as returns on the market go up, IFabric Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iFabric Corp will be expected to be much smaller as well. Additionally IFabric Corp 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. IFabric Corp Price Density |
| Price |
Predictive Modules for IFabric 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 iFabric 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.IFabric Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IFabric Corp is not an exception. The market had few large corrections towards the IFabric 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 iFabric Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IFabric Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.02 |
IFabric 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 IFabric Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for iFabric 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.| iFabric Corp has some characteristics of a very speculative penny stock | |
| iFabric Corp had very high historical volatility over the last 90 days | |
| The company reported the revenue of 22.72 M. Net Loss for the year was (1.69 M) with profit before overhead, payroll, taxes, and interest of 7 M. | |
| About 66.0% of the company shares are held by company insiders |
IFabric Corp 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 IFabric Stock often depends not only on the future outlook of the current and potential IFabric Corp'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. IFabric Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.2 M | |
| Cash And Short Term Investments | 1.6 M |
IFabric Corp Technical Analysis
IFabric Corp's future price can be derived by breaking down and analyzing its technical indicators over time. IFabric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of iFabric Corp. In general, you should focus on analyzing IFabric Stock price patterns and their correlations with different microeconomic environments and drivers.
IFabric Corp Predictive Forecast Models
IFabric Corp's time-series forecasting models is one of many IFabric Corp'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 IFabric 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 stock market movement and maximize returns from investment trading.
Things to note about iFabric Corp
Checking the ongoing alerts about IFabric Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for iFabric Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| iFabric Corp has some characteristics of a very speculative penny stock | |
| iFabric Corp had very high historical volatility over the last 90 days | |
| The company reported the revenue of 22.72 M. Net Loss for the year was (1.69 M) with profit before overhead, payroll, taxes, and interest of 7 M. | |
| About 66.0% of the company shares are held by company insiders |
Other Information on Investing in IFabric Stock
IFabric Corp financial ratios help investors to determine whether IFabric Stock 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 IFabric with respect to the benefits of owning IFabric Corp security.