Hecla Mining (UK) Probability of Future Stock Price Finishing Under 4.99
| 0R0A Stock | 5.40 0.20 3.57% |
Hecla |
Hecla Mining Target Price Odds to finish below 4.99
The tendency of Hecla 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 4.99 or more in 90 days |
| 5.40 | 90 days | 4.99 | about 1.79 |
Based on a normal probability distribution, the odds of Hecla Mining to drop to 4.99 or more in 90 days from now is about 1.79 (This Hecla Mining Co probability density function shows the probability of Hecla Stock to fall within a particular range of prices over 90 days) . Probability of Hecla Mining price to stay between 4.99 and its current price of 5.4 at the end of the 90-day period is about 5.76 .
Assuming the 90 days trading horizon Hecla Mining Co has a beta of -0.84. This suggests as returns on the benchmark increase, returns on holding Hecla Mining are expected to decrease at a much lower rate. During a bear market, however, Hecla Mining Co is likely to outperform the market. Additionally Hecla Mining Co 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. Hecla Mining Price Density |
| Price |
Predictive Modules for Hecla Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hecla Mining. 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.Hecla Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hecla Mining is not an exception. The market had few large corrections towards the Hecla Mining'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 Hecla Mining Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hecla Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.84 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.08 |
Hecla Mining 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 Hecla Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hecla Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hecla Mining generated a negative expected return over the last 90 days | |
| Hecla Mining has high historical volatility and very poor performance | |
| Hecla Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 720.23 M. Net Loss for the year was (84.22 M) with profit before overhead, payroll, taxes, and interest of 260.09 M. | |
| About 71.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: YieldBoost Hecla Mining From 0.9 percent To 7.6 percent Using Options - Nasdaq |
Hecla Mining 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 Hecla Stock often depends not only on the future outlook of the current and potential Hecla Mining'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. Hecla Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 605.7 M | |
| Cash And Short Term Investments | 106.4 M |
Hecla Mining Technical Analysis
Hecla Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Hecla Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hecla Mining Co. In general, you should focus on analyzing Hecla Stock price patterns and their correlations with different microeconomic environments and drivers.
Hecla Mining Predictive Forecast Models
Hecla Mining's time-series forecasting models is one of many Hecla Mining'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 Hecla Mining'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 Hecla Mining
Checking the ongoing alerts about Hecla Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hecla Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hecla Mining generated a negative expected return over the last 90 days | |
| Hecla Mining has high historical volatility and very poor performance | |
| Hecla Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 720.23 M. Net Loss for the year was (84.22 M) with profit before overhead, payroll, taxes, and interest of 260.09 M. | |
| About 71.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: YieldBoost Hecla Mining From 0.9 percent To 7.6 percent Using Options - Nasdaq |
Additional Tools for Hecla Stock Analysis
When running Hecla Mining's price analysis, check to measure Hecla Mining'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 Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.