Abrasilver Resource Corp Stock Probability of Future OTC Stock Price Finishing Over 1.67
| ABBRF Stock | USD 1.96 0.03 1.55% |
AbraSilver |
AbraSilver Resource Target Price Odds to finish over 1.67
The tendency of AbraSilver OTC 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 $ 1.67 in 90 days |
| 1.96 | 90 days | 1.67 | more than 94.0 |
Based on a normal probability distribution, the odds of AbraSilver Resource to stay above $ 1.67 in 90 days from now is more than 94.0 (This AbraSilver Resource Corp probability density function shows the probability of AbraSilver OTC Stock to fall within a particular range of prices over 90 days) . Probability of AbraSilver Resource Corp price to stay between $ 1.67 and its current price of $1.96 at the end of the 90-day period is about 39.95 .
Assuming the 90 days horizon AbraSilver Resource Corp has a beta of -0.42. This suggests as returns on the benchmark increase, returns on holding AbraSilver Resource are expected to decrease at a much lower rate. During a bear market, however, AbraSilver Resource Corp is likely to outperform the market. Additionally AbraSilver Resource Corp has an alpha of 0.2653, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AbraSilver Resource Price Density |
| Price |
Predictive Modules for AbraSilver Resource
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AbraSilver Resource Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.AbraSilver Resource Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AbraSilver Resource is not an exception. The market had few large corrections towards the AbraSilver Resource'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 AbraSilver Resource Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AbraSilver Resource within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.02 |
AbraSilver Resource 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 AbraSilver Resource for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AbraSilver Resource Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AbraSilver Resource may become a speculative penny stock | |
| AbraSilver Resource had very high historical volatility over the last 90 days | |
| AbraSilver Resource has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (18.17 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| AbraSilver Resource Corp has accumulated about 13.09 M in cash with (14.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 14.0% of the company shares are held by company insiders |
AbraSilver Resource 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 AbraSilver OTC Stock often depends not only on the future outlook of the current and potential AbraSilver Resource'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. AbraSilver Resource's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 458.7 M |
AbraSilver Resource Technical Analysis
AbraSilver Resource's future price can be derived by breaking down and analyzing its technical indicators over time. AbraSilver OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AbraSilver Resource Corp. In general, you should focus on analyzing AbraSilver OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
AbraSilver Resource Predictive Forecast Models
AbraSilver Resource's time-series forecasting models is one of many AbraSilver Resource's otc 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 AbraSilver Resource'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 otc stock market movement and maximize returns from investment trading.
Things to note about AbraSilver Resource Corp
Checking the ongoing alerts about AbraSilver Resource for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AbraSilver Resource Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AbraSilver Resource may become a speculative penny stock | |
| AbraSilver Resource had very high historical volatility over the last 90 days | |
| AbraSilver Resource has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (18.17 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| AbraSilver Resource Corp has accumulated about 13.09 M in cash with (14.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 14.0% of the company shares are held by company insiders |
Other Information on Investing in AbraSilver OTC Stock
AbraSilver Resource financial ratios help investors to determine whether AbraSilver OTC 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 AbraSilver with respect to the benefits of owning AbraSilver Resource security.