Wonderfi Technologies Stock Probability of Future OTC Stock Price Finishing Over 0.17
| WONDF Stock | USD 0.17 0.01 5.56% |
WonderFi |
WonderFi Technologies Target Price Odds to finish over 0.17
The tendency of WonderFi 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 move above the current price in 90 days |
| 0.17 | 90 days | 0.17 | near 1 |
Based on a normal probability distribution, the odds of WonderFi Technologies to move above the current price in 90 days from now is near 1 (This WonderFi Technologies probability density function shows the probability of WonderFi OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.68 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, WonderFi Technologies will likely underperform. Additionally WonderFi Technologies has an alpha of 0.7895, implying that it can generate a 0.79 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WonderFi Technologies Price Density |
| Price |
Predictive Modules for WonderFi Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WonderFi Technologies. 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 WonderFi Technologies' 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.
WonderFi Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WonderFi Technologies is not an exception. The market had few large corrections towards the WonderFi Technologies' 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 WonderFi Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WonderFi Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.79 | |
β | Beta against Dow Jones | 1.68 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.12 |
WonderFi Technologies 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 WonderFi Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WonderFi Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WonderFi Technologies is way too risky over 90 days horizon | |
| WonderFi Technologies has some characteristics of a very speculative penny stock | |
| WonderFi Technologies appears to be risky and price may revert if volatility continues | |
| WonderFi Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.48 M. Net Loss for the year was (35.58 M) with profit before overhead, payroll, taxes, and interest of 4.74 M. | |
| WonderFi Technologies has accumulated about 8.29 M in cash with (21.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 16.0% of the company outstanding shares are owned by insiders |
WonderFi Technologies 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 WonderFi OTC Stock often depends not only on the future outlook of the current and potential WonderFi Technologies' 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. WonderFi Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 193.9 M |
WonderFi Technologies Technical Analysis
WonderFi Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. WonderFi OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WonderFi Technologies. In general, you should focus on analyzing WonderFi OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
WonderFi Technologies Predictive Forecast Models
WonderFi Technologies' time-series forecasting models is one of many WonderFi Technologies' 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 WonderFi Technologies' 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 WonderFi Technologies
Checking the ongoing alerts about WonderFi Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WonderFi Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WonderFi Technologies is way too risky over 90 days horizon | |
| WonderFi Technologies has some characteristics of a very speculative penny stock | |
| WonderFi Technologies appears to be risky and price may revert if volatility continues | |
| WonderFi Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.48 M. Net Loss for the year was (35.58 M) with profit before overhead, payroll, taxes, and interest of 4.74 M. | |
| WonderFi Technologies has accumulated about 8.29 M in cash with (21.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 16.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in WonderFi OTC Stock
WonderFi Technologies financial ratios help investors to determine whether WonderFi 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 WonderFi with respect to the benefits of owning WonderFi Technologies security.