Metallis Resources (Germany) Probability of Future Stock Price Finishing Under 0.0785
| 0CVM Stock | EUR 0.14 0.02 16.67% |
Metallis |
Metallis Resources Target Price Odds to finish below 0.0785
The tendency of Metallis 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 drop to € 0.08 or more in 90 days |
| 0.14 | 90 days | 0.08 | about 9.71 |
Based on a normal probability distribution, the odds of Metallis Resources to drop to € 0.08 or more in 90 days from now is about 9.71 (This Metallis Resources probability density function shows the probability of Metallis Stock to fall within a particular range of prices over 90 days) . Probability of Metallis Resources price to stay between € 0.08 and its current price of €0.14 at the end of the 90-day period is about 79.4 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.96 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Metallis Resources will likely underperform. Moreover Metallis Resources has an alpha of 1.3357, implying that it can generate a 1.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Metallis Resources Price Density |
| Price |
Predictive Modules for Metallis Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metallis Resources. 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.Metallis Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Metallis Resources is not an exception. The market had few large corrections towards the Metallis Resources' 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 Metallis Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Metallis Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.34 | |
β | Beta against Dow Jones | 2.96 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.12 |
Metallis Resources 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 Metallis Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Metallis Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Metallis Resources is way too risky over 90 days horizon | |
| Metallis Resources has some characteristics of a very speculative penny stock | |
| Metallis Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Metallis Resources has accumulated about 2.3 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Metallis Resources 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 Metallis Stock often depends not only on the future outlook of the current and potential Metallis Resources' 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. Metallis Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.8 M |
Metallis Resources Technical Analysis
Metallis Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Metallis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Metallis Resources. In general, you should focus on analyzing Metallis Stock price patterns and their correlations with different microeconomic environments and drivers.
Metallis Resources Predictive Forecast Models
Metallis Resources' time-series forecasting models is one of many Metallis Resources' 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 Metallis Resources' 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 Metallis Resources
Checking the ongoing alerts about Metallis Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Metallis Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Metallis Resources is way too risky over 90 days horizon | |
| Metallis Resources has some characteristics of a very speculative penny stock | |
| Metallis Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Metallis Resources has accumulated about 2.3 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Other Information on Investing in Metallis Stock
Metallis Resources financial ratios help investors to determine whether Metallis 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 Metallis with respect to the benefits of owning Metallis Resources security.