Abcourt Mines Stock Probability of Future OTC Stock Price Finishing Under 0.05
| ABMBF Stock | USD 0.04 0.01 33.33% |
Abcourt |
Abcourt Mines Target Price Odds to finish below 0.05
The tendency of Abcourt 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 under $ 0.05 after 90 days |
| 0.04 | 90 days | 0.05 | more than 93.0 |
Based on a normal probability distribution, the odds of Abcourt Mines to stay under $ 0.05 after 90 days from now is more than 93.0 (This Abcourt Mines probability density function shows the probability of Abcourt OTC Stock to fall within a particular range of prices over 90 days) . Probability of Abcourt Mines price to stay between its current price of $ 0.04 and $ 0.05 at the end of the 90-day period is about 44.87 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.8 . 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, Abcourt Mines will likely underperform. Additionally Abcourt Mines has an alpha of 0.2152, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Abcourt Mines Price Density |
| Price |
Predictive Modules for Abcourt Mines
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abcourt Mines. 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.Abcourt Mines Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Abcourt Mines is not an exception. The market had few large corrections towards the Abcourt Mines' 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 Abcourt Mines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Abcourt Mines within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
Abcourt Mines 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 Abcourt Mines for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Abcourt Mines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Abcourt Mines had very high historical volatility over the last 90 days | |
| Abcourt Mines has some characteristics of a very speculative penny stock | |
| Abcourt Mines has accumulated 604.24 K in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Abcourt Mines has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Abcourt Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Abcourt Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Abcourt Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abcourt to invest in growth at high rates of return. When we think about Abcourt Mines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 20.39 M. Net Loss for the year was (27.9 M) with loss before overhead, payroll, taxes, and interest of (555.18 K). | |
| About 50.0% of Abcourt Mines shares are held by company insiders |
Abcourt Mines 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 Abcourt OTC Stock often depends not only on the future outlook of the current and potential Abcourt Mines' 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. Abcourt Mines' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 328.3 M |
Abcourt Mines Technical Analysis
Abcourt Mines' future price can be derived by breaking down and analyzing its technical indicators over time. Abcourt OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Abcourt Mines. In general, you should focus on analyzing Abcourt OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Abcourt Mines Predictive Forecast Models
Abcourt Mines' time-series forecasting models is one of many Abcourt Mines' 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 Abcourt Mines' 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 Abcourt Mines
Checking the ongoing alerts about Abcourt Mines for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Abcourt Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Abcourt Mines had very high historical volatility over the last 90 days | |
| Abcourt Mines has some characteristics of a very speculative penny stock | |
| Abcourt Mines has accumulated 604.24 K in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Abcourt Mines has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Abcourt Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Abcourt Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Abcourt Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abcourt to invest in growth at high rates of return. When we think about Abcourt Mines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 20.39 M. Net Loss for the year was (27.9 M) with loss before overhead, payroll, taxes, and interest of (555.18 K). | |
| About 50.0% of Abcourt Mines shares are held by company insiders |
Other Information on Investing in Abcourt OTC Stock
Abcourt Mines financial ratios help investors to determine whether Abcourt 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 Abcourt with respect to the benefits of owning Abcourt Mines security.