African Rainbow Minerals Probability of Future Pink Sheet Price Finishing Over 8.45
| AFBOFDelisted Stock | USD 12.20 0.00 0.00% |
African |
African Rainbow Target Price Odds to finish over 8.45
The tendency of African Pink Sheet 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 $ 8.45 in 90 days |
| 12.20 | 90 days | 8.45 | about 88.47 |
Based on a normal probability distribution, the odds of African Rainbow to stay above $ 8.45 in 90 days from now is about 88.47 (This African Rainbow Minerals probability density function shows the probability of African Pink Sheet to fall within a particular range of prices over 90 days) . Probability of African Rainbow Minerals price to stay between $ 8.45 and its current price of $12.2 at the end of the 90-day period is about 81.26 .
Assuming the 90 days horizon African Rainbow Minerals has a beta of -1.44. This suggests as returns on its benchmark rise, returns on holding African Rainbow Minerals are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, African Rainbow is expected to outperform its benchmark. Additionally African Rainbow Minerals has an alpha of 0.4895, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). African Rainbow Price Density |
| Price |
Predictive Modules for African Rainbow
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as African Rainbow Minerals. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.African Rainbow Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. African Rainbow is not an exception. The market had few large corrections towards the African Rainbow'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 African Rainbow Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of African Rainbow within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -1.44 | |
σ | Overall volatility | 1.41 | |
Ir | Information ratio | 0.03 |
African Rainbow 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 African Rainbow for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for African Rainbow Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| African Rainbow is not yet fully synchronised with the market data | |
| African Rainbow has a very high chance of going through financial distress in the upcoming years | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: VIZSLA COPPER INTERSECTS MINERALIZED BRECCIA IN EXPLORATION DRILLING NEAR THE THREE FIRS TARGET, WOODJAM PROJECT |
African Rainbow 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 African Pink Sheet often depends not only on the future outlook of the current and potential African Rainbow'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. African Rainbow's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 224.5 M |
African Rainbow Technical Analysis
African Rainbow's future price can be derived by breaking down and analyzing its technical indicators over time. African Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of African Rainbow Minerals. In general, you should focus on analyzing African Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
African Rainbow Predictive Forecast Models
African Rainbow's time-series forecasting models is one of many African Rainbow's pink sheet 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 African Rainbow'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 pink sheet market movement and maximize returns from investment trading.
Things to note about African Rainbow Minerals
Checking the ongoing alerts about African Rainbow for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for African Rainbow Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| African Rainbow is not yet fully synchronised with the market data | |
| African Rainbow has a very high chance of going through financial distress in the upcoming years | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: VIZSLA COPPER INTERSECTS MINERALIZED BRECCIA IN EXPLORATION DRILLING NEAR THE THREE FIRS TARGET, WOODJAM PROJECT |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in African Pink Sheet
If you are still planning to invest in African Rainbow Minerals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the African Rainbow's history and understand the potential risks before investing.
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