Hitek Global Ordinary Stock Probability of Future Stock Price Finishing Under 0.08
| HKIT Stock | 1.46 0.14 8.75% |
Hitek Global 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 Hitek Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hitek Global Ordinary can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hitek Global is way too risky over 90 days horizon | |
| Hitek Global may become a speculative penny stock | |
| Hitek Global appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 2.9 M. Net Loss for the year was (896.69 K) with profit before overhead, payroll, taxes, and interest of 226.34 K. | |
| Hitek Global generates negative cash flow from operations |
Hitek Global 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 Hitek Stock often depends not only on the future outlook of the current and potential Hitek Global'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. Hitek Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.4 M | |
| Cash And Short Term Investments | 30.2 M |
Hitek Global Technical Analysis
Hitek Global's future price can be derived by breaking down and analyzing its technical indicators over time. Hitek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hitek Global Ordinary. In general, you should focus on analyzing Hitek Stock price patterns and their correlations with different microeconomic environments and drivers.
Hitek Global Predictive Forecast Models
Hitek Global's time-series forecasting models is one of many Hitek Global'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 Hitek Global'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 Hitek Global Ordinary
Checking the ongoing alerts about Hitek Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hitek Global Ordinary help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hitek Global is way too risky over 90 days horizon | |
| Hitek Global may become a speculative penny stock | |
| Hitek Global appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 2.9 M. Net Loss for the year was (896.69 K) with profit before overhead, payroll, taxes, and interest of 226.34 K. | |
| Hitek Global generates negative cash flow from operations |
Additional Tools for Hitek Stock Analysis
When running Hitek Global's price analysis, check to measure Hitek Global'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 Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.