ANDRADA MINING (Germany) Probability of Future Stock Price Finishing Over 0.0245
| 9IA Stock | EUR 0.02 0.0005 2.08% |
ANDRADA |
ANDRADA MINING Target Price Odds to finish over 0.0245
The tendency of ANDRADA 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 move above the current price in 90 days |
| 0.02 | 90 days | 0.02 | about 97.0 |
Based on a normal probability distribution, the odds of ANDRADA MINING to move above the current price in 90 days from now is about 97.0 (This ANDRADA MINING LTD probability density function shows the probability of ANDRADA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon ANDRADA MINING has a beta of 0.54. This suggests as returns on the market go up, ANDRADA MINING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ANDRADA MINING LTD will be expected to be much smaller as well. Additionally ANDRADA MINING LTD 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. ANDRADA MINING Price Density |
| Price |
Predictive Modules for ANDRADA 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 ANDRADA MINING LTD. 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.ANDRADA MINING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ANDRADA MINING is not an exception. The market had few large corrections towards the ANDRADA 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 ANDRADA MINING LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ANDRADA MINING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.12 |
ANDRADA 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 ANDRADA MINING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ANDRADA MINING LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ANDRADA MINING LTD generated a negative expected return over the last 90 days | |
| ANDRADA MINING LTD has high historical volatility and very poor performance | |
| ANDRADA MINING LTD has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 13.27 M. Net Loss for the year was (2.16 M) with profit before overhead, payroll, taxes, and interest of 4.31 M. | |
| ANDRADA MINING LTD has accumulated about 2.58 M in cash with (991.87 K) of positive cash flow from operations. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
ANDRADA 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 ANDRADA Stock often depends not only on the future outlook of the current and potential ANDRADA 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. ANDRADA MINING's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 906.8 M |
ANDRADA MINING Technical Analysis
ANDRADA MINING's future price can be derived by breaking down and analyzing its technical indicators over time. ANDRADA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ANDRADA MINING LTD. In general, you should focus on analyzing ANDRADA Stock price patterns and their correlations with different microeconomic environments and drivers.
ANDRADA MINING Predictive Forecast Models
ANDRADA MINING's time-series forecasting models is one of many ANDRADA 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 ANDRADA 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 ANDRADA MINING LTD
Checking the ongoing alerts about ANDRADA MINING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ANDRADA MINING LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ANDRADA MINING LTD generated a negative expected return over the last 90 days | |
| ANDRADA MINING LTD has high historical volatility and very poor performance | |
| ANDRADA MINING LTD has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 13.27 M. Net Loss for the year was (2.16 M) with profit before overhead, payroll, taxes, and interest of 4.31 M. | |
| ANDRADA MINING LTD has accumulated about 2.58 M in cash with (991.87 K) of positive cash flow from operations. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
Other Information on Investing in ANDRADA Stock
ANDRADA MINING financial ratios help investors to determine whether ANDRADA 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 ANDRADA with respect to the benefits of owning ANDRADA MINING security.