Veltex Stock Chance of Future OTC Stock Price Finishing Over 0.08
| VLXC Stock | USD 0.08 0.01 10.57% |
Veltex |
Veltex Target Price Odds to finish over 0.08
The tendency of Veltex OTC 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 above $ 0.08 in 90 days |
| 0.08 | 90 days | 0.08 | about 59.24 |
Based on a normal probability distribution, the odds of Veltex to stay above $ 0.08 in 90 days from now is about 59.24 (This Veltex probability density function shows the probability of Veltex OTC Stock to fall within a particular range of prices over 90 days) . Probability of Veltex price to stay between $ 0.08 and its current price of $0.0837 at the end of the 90-day period is about 13.7 .
Given the investment horizon of 90 days Veltex has a beta of 0.15. This entails as returns on the market go up, Veltex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Veltex will be expected to be much smaller as well. Additionally Veltex 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. Veltex Price Density |
| Price |
Predictive Modules for Veltex
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veltex. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Veltex'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.
Veltex Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Veltex is not an exception. The market had few large corrections towards the Veltex'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 Veltex, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Veltex within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Veltex 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 Veltex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Veltex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Veltex had very high historical volatility over the last 90 days | |
| Veltex has some characteristics of a very speculative penny stock | |
| Veltex has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.84 M) with profit before overhead, payroll, taxes, and interest of 18.82 M. | |
| Veltex currently holds about 1.01 M in cash with (126.92 K) of positive cash flow from operations. |
Veltex Technical Analysis
Veltex's future price can be derived by breaking down and analyzing its technical indicators over time. Veltex OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Veltex. In general, you should focus on analyzing Veltex OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Veltex Predictive Forecast Models
Veltex's time-series forecasting models is one of many Veltex's otc 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 Veltex'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 otc stock market movement and maximize returns from investment trading.
Things to note about Veltex
Checking the ongoing alerts about Veltex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Veltex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Veltex had very high historical volatility over the last 90 days | |
| Veltex has some characteristics of a very speculative penny stock | |
| Veltex has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.84 M) with profit before overhead, payroll, taxes, and interest of 18.82 M. | |
| Veltex currently holds about 1.01 M in cash with (126.92 K) of positive cash flow from operations. |
Other Information on Investing in Veltex OTC Stock
Veltex financial ratios help investors to determine whether Veltex OTC 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 Veltex with respect to the benefits of owning Veltex security.