Altiplano Metals (Germany) Probability of Future Stock Price Finishing Over 0.0
| 9AJ1 Stock | EUR 0.04 0.02 83.19% |
Altiplano |
Altiplano Metals Target Price Odds to finish over 0.0
The tendency of Altiplano 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 stay above € 0.00 in 90 days |
| 0.04 | 90 days | 0.00 | close to 99 |
Based on a normal probability distribution, the odds of Altiplano Metals to stay above € 0.00 in 90 days from now is close to 99 (This Altiplano Metals probability density function shows the probability of Altiplano Stock to fall within a particular range of prices over 90 days) . Probability of Altiplano Metals price to stay between € 0.00 and its current price of €0.0414 at the end of the 90-day period is about 64.41 .
Assuming the 90 days trading horizon Altiplano Metals has a beta of -2.22. This suggests as returns on its benchmark rise, returns on holding Altiplano Metals are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Altiplano Metals is expected to outperform its benchmark. Additionally Altiplano Metals has an alpha of 0.6862, implying that it can generate a 0.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Altiplano Metals Price Density |
| Price |
Predictive Modules for Altiplano Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altiplano Metals. 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.Altiplano Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Altiplano Metals is not an exception. The market had few large corrections towards the Altiplano Metals' 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 Altiplano Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Altiplano Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.69 | |
β | Beta against Dow Jones | -2.22 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
Altiplano Metals 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 Altiplano Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altiplano Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Altiplano Metals had very high historical volatility over the last 90 days | |
| Altiplano Metals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.32 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altiplano Metals has accumulated about 3.15 M in cash with (975.18 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Altiplano Metals 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 Altiplano Stock often depends not only on the future outlook of the current and potential Altiplano Metals' 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. Altiplano Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 113.5 M |
Altiplano Metals Technical Analysis
Altiplano Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Altiplano Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Altiplano Metals. In general, you should focus on analyzing Altiplano Stock price patterns and their correlations with different microeconomic environments and drivers.
Altiplano Metals Predictive Forecast Models
Altiplano Metals' time-series forecasting models is one of many Altiplano Metals' 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 Altiplano Metals' 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 Altiplano Metals
Checking the ongoing alerts about Altiplano Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Altiplano Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Altiplano Metals had very high historical volatility over the last 90 days | |
| Altiplano Metals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.32 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altiplano Metals has accumulated about 3.15 M in cash with (975.18 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Other Information on Investing in Altiplano Stock
Altiplano Metals financial ratios help investors to determine whether Altiplano 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 Altiplano with respect to the benefits of owning Altiplano Metals security.