Alphamin Resources Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.8064
| AFMJF Stock | USD 0.84 0.02 2.33% |
Alphamin |
Alphamin Resources Target Price Odds to finish over 0.8064
The tendency of Alphamin 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 $ 0.81 in 90 days |
| 0.84 | 90 days | 0.81 | about 44.63 |
Based on a normal probability distribution, the odds of Alphamin Resources to stay above $ 0.81 in 90 days from now is about 44.63 (This Alphamin Resources Corp probability density function shows the probability of Alphamin Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Alphamin Resources Corp price to stay between $ 0.81 and its current price of $0.84 at the end of the 90-day period is about 15.18 .
Assuming the 90 days horizon Alphamin Resources has a beta of 0.38. This suggests as returns on the market go up, Alphamin Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alphamin Resources Corp will be expected to be much smaller as well. Additionally Alphamin Resources Corp has an alpha of 0.239, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alphamin Resources Price Density |
| Price |
Predictive Modules for Alphamin Resources
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 Resources Corp. 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.Alphamin Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alphamin Resources is not an exception. The market had few large corrections towards the Alphamin Resources' 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 Resources Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alphamin Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.06 |
Alphamin Resources 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 Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alphamin Resources 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.| Alphamin Resources has some characteristics of a very speculative penny stock | |
| About 59.0% of the company shares are held by company insiders |
Alphamin Resources 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 Pink Sheet often depends not only on the future outlook of the current and potential Alphamin Resources' 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 Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Alphamin Resources Technical Analysis
Alphamin Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Alphamin Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alphamin Resources Corp. In general, you should focus on analyzing Alphamin Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Alphamin Resources Predictive Forecast Models
Alphamin Resources' time-series forecasting models is one of many Alphamin Resources' 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 Alphamin Resources' 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 Alphamin Resources Corp
Checking the ongoing alerts about Alphamin Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alphamin Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alphamin Resources has some characteristics of a very speculative penny stock | |
| About 59.0% of the company shares are held by company insiders |
Other Information on Investing in Alphamin Pink Sheet
Alphamin Resources financial ratios help investors to determine whether Alphamin Pink Sheet 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 Alphamin with respect to the benefits of owning Alphamin Resources security.