Alphamin Res Stock Probability of Future Stock Price Finishing Under 0.96
| AFM Stock | CAD 1.19 0.02 1.65% |
Alphamin |
Alphamin Res Target Price Odds to finish below 0.96
The tendency of Alphamin 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 drop to C$ 0.96 or more in 90 days |
| 1.19 | 90 days | 0.96 | about 8.58 |
Based on a normal probability distribution, the odds of Alphamin Res to drop to C$ 0.96 or more in 90 days from now is about 8.58 (This Alphamin Res probability density function shows the probability of Alphamin Stock to fall within a particular range of prices over 90 days) . Probability of Alphamin Res price to stay between C$ 0.96 and its current price of C$1.19 at the end of the 90-day period is about 68.01 .
Assuming the 90 days horizon Alphamin Res has a beta of -0.11. This suggests as returns on the benchmark increase, returns on holding Alphamin Res are expected to decrease at a much lower rate. During a bear market, however, Alphamin Res is likely to outperform the market. Additionally Alphamin Res has an alpha of 0.2973, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alphamin Res Price Density |
| Price |
Predictive Modules for Alphamin Res
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alphamin Res. 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.Alphamin Res Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alphamin Res is not an exception. The market had few large corrections towards the Alphamin Res' 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 Alphamin Res, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alphamin Res within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.05 |
Alphamin Res 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 Alphamin Res for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alphamin Res can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alphamin Res may become a speculative penny stock | |
| Alphamin Res had very high historical volatility over the last 90 days | |
| Alphamin Res has accumulated 79.19 M in total debt with debt to equity ratio (D/E) of 54.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Alphamin Res has a current ratio of 0.57, 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 Alphamin Res until it has trouble settling it off, either with new capital or with free cash flow. So, Alphamin Res' 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 Alphamin Res sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alphamin to invest in growth at high rates of return. When we think about Alphamin Res' use of debt, we should always consider it together with cash and equity. | |
| About 59.0% of Alphamin Res shares are held by company insiders |
Alphamin Res 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 Alphamin Stock often depends not only on the future outlook of the current and potential Alphamin Res' 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. Alphamin Res' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 9599.00 |
Alphamin Res Technical Analysis
Alphamin Res' future price can be derived by breaking down and analyzing its technical indicators over time. Alphamin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alphamin Res. In general, you should focus on analyzing Alphamin Stock price patterns and their correlations with different microeconomic environments and drivers.
Alphamin Res Predictive Forecast Models
Alphamin Res' time-series forecasting models is one of many Alphamin Res' 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 Alphamin Res' 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 Alphamin Res
Checking the ongoing alerts about Alphamin Res for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alphamin Res help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alphamin Res may become a speculative penny stock | |
| Alphamin Res had very high historical volatility over the last 90 days | |
| Alphamin Res has accumulated 79.19 M in total debt with debt to equity ratio (D/E) of 54.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Alphamin Res has a current ratio of 0.57, 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 Alphamin Res until it has trouble settling it off, either with new capital or with free cash flow. So, Alphamin Res' 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 Alphamin Res sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alphamin to invest in growth at high rates of return. When we think about Alphamin Res' use of debt, we should always consider it together with cash and equity. | |
| About 59.0% of Alphamin Res shares are held by company insiders |
Additional Tools for Alphamin Stock Analysis
When running Alphamin Res' price analysis, check to measure Alphamin Res' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphamin Res is operating at the current time. Most of Alphamin Res' value examination focuses on studying past and present price action to predict the probability of Alphamin Res' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphamin Res' price. Additionally, you may evaluate how the addition of Alphamin Res to your portfolios can decrease your overall portfolio volatility.