Parts Stock Odds of Future Stock Price Finishing Over 1.23

ID
 Stock
  

USD 1.23  0.12  8.89%   

Parts ID's future price is the expected price of Parts ID instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Parts ID performance during a given time horizon utilizing its historical volatility. As of August 7, 2022, Price to Book Value is expected to decline to -6.06. In addition to that, Price to Earnings Ratio is expected to decline to -10.97.
  
Please see Parts ID Backtesting, Parts ID Valuation, Parts ID Correlation, Parts ID Hype Analysis, Parts ID Volatility, Parts ID History as well as Parts ID Performance. Please specify Parts ID time horizon, a valid symbol (red box) and a target price (blue box) you would like Parts ID odds to be computed.

Parts ID Target Price Odds to finish over 1.23

The tendency of Parts 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 1.23 90 days 1.23 
about 53.07
Based on a normal probability distribution, the odds of Parts ID to move above the current price in 90 days from now is about 53.07 (This Parts ID probability density function shows the probability of Parts Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon Parts ID has a beta of 0.84. This usually indicates as returns on the market go up, Parts ID average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Parts ID will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Parts ID is significantly underperforming DOW.
   Parts ID Price Density   
       Price  

Predictive Modules for Parts ID

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Parts ID. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Parts ID'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. Please use the tools below to analyze the current value of Parts ID in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.061.259.98
Details
Intrinsic
Valuation
LowReal ValueHigh
0.051.059.78
Details
Naive
Forecast
LowNext ValueHigh
0.0290341.4510.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.021.211.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Parts ID. Your research has to be compared to or analyzed against Parts ID's peers to derive any actionable benefits. When done correctly, Parts ID's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Parts ID.

Parts ID Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Parts ID is not an exception. The market had few large corrections towards the Parts ID'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 Parts ID, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Parts ID within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.29
β
Beta against DOW0.84
σ
Overall volatility
0.26
Ir
Information ratio -0.03

Parts ID 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 Parts ID for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Parts ID can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Parts ID generated a negative expected return over the last 90 days
Parts ID has high historical volatility and very poor performance
Parts ID may become a speculative penny stock
The company reports 1.07 M of total liabilities with total debt to equity ratio (D/E) of 0.88, which is normal for its line of buisiness. Parts ID has a current ratio of 0.46, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Parts ID until it has trouble settling it off, either with new capital or with free cash flow. So, Parts ID'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 Parts ID sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parts to invest in growth at high rates of return. When we think about Parts ID's use of debt, we should always consider it together with cash and equity.
The entity generated the yearly revenue of 434.49 M. Annual Net Loss to common stockholders was (11.27 M) with gross profit of 90.23 M.
Parts ID reports about 15.83 M in cash with (13.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47.
Parts ID has a poor financial position based on the latest SEC disclosures
Roughly 83.0% of Parts ID shares are held by company insiders
Latest headline from www.yahoo.com: Volkswagens US-made 2023 ID.4 EV will start at 37,495 - Yahoo Entertainment

Parts ID 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 Parts Stock often depends not only on the future outlook of the current and potential Parts ID'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. Parts ID's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.07%
Short Percent Of Float0.42%
Float Shares6.22M
Shares Short Prior Month55.47k
Average Daily Volume Last 10 Day19.61k
Average Daily Volume In Three Month37.78k
Date Short Interest15th of July 2022

Parts ID Technical Analysis

Parts ID's future price can be derived by breaking down and analyzing its technical indicators over time. Parts Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Parts ID. In general, you should focus on analyzing Parts Stock price patterns and their correlations with different microeconomic environments and drivers.

Parts ID Predictive Forecast Models

Parts ID time-series forecasting models is one of many Parts ID's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Parts ID'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 Parts ID

Checking the ongoing alerts about Parts ID for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Parts ID help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Parts ID Alerts

Parts ID Alerts and Suggestions

Parts ID generated a negative expected return over the last 90 days
Parts ID has high historical volatility and very poor performance
Parts ID may become a speculative penny stock
The company reports 1.07 M of total liabilities with total debt to equity ratio (D/E) of 0.88, which is normal for its line of buisiness. Parts ID has a current ratio of 0.46, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Parts ID until it has trouble settling it off, either with new capital or with free cash flow. So, Parts ID'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 Parts ID sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parts to invest in growth at high rates of return. When we think about Parts ID's use of debt, we should always consider it together with cash and equity.
The entity generated the yearly revenue of 434.49 M. Annual Net Loss to common stockholders was (11.27 M) with gross profit of 90.23 M.
Parts ID reports about 15.83 M in cash with (13.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47.
Parts ID has a poor financial position based on the latest SEC disclosures
Roughly 83.0% of Parts ID shares are held by company insiders
Latest headline from www.yahoo.com: Volkswagens US-made 2023 ID.4 EV will start at 37,495 - Yahoo Entertainment
Please see Parts ID Backtesting, Parts ID Valuation, Parts ID Correlation, Parts ID Hype Analysis, Parts ID Volatility, Parts ID History as well as Parts ID Performance. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Parts Stock analysis

When running Parts ID price analysis, check to measure Parts ID's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parts ID is operating at the current time. Most of Parts ID's value examination focuses on studying past and present price action to predict the probability of Parts ID's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parts ID's price. Additionally, you may evaluate how the addition of Parts ID to your portfolios can decrease your overall portfolio volatility.
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Is Parts ID's industry 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 Parts ID. If investors know Parts 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 Parts ID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.78
Market Capitalization
41.8 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
-0.14
The market value of Parts ID is measured differently than its book value, which is the value of Parts that is recorded on the company's balance sheet. Investors also form their own opinion of Parts ID's value that differs from its market value or its book value, called intrinsic value, which is Parts ID'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 Parts ID's market value can be influenced by many factors that don't directly affect Parts ID'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 Parts ID's value and its price as these two are different measures arrived at by different means. Investors typically determine Parts ID value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parts ID'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.