Alaska Hydro Stock Probability of Future Stock Price Finishing Over 0.015
| AKH-H Stock | CAD 0.01 0.01 33.33% |
Alaska |
Alaska Hydro Target Price Odds to finish over 0.015
The tendency of Alaska 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 move over C$ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 26.64 |
Based on a normal probability distribution, the odds of Alaska Hydro to move over C$ 0.01 or more in 90 days from now is about 26.64 (This Alaska Hydro probability density function shows the probability of Alaska Stock to fall within a particular range of prices over 90 days) . Probability of Alaska Hydro price to stay between its current price of C$ 0.01 and C$ 0.01 at the end of the 90-day period is about 67.92 .
Assuming the 90 days trading horizon Alaska Hydro has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding Alaska Hydro are expected to decrease at a much lower rate. During a bear market, however, Alaska Hydro is likely to outperform the market. Moreover Alaska Hydro has an alpha of 1.7996, implying that it can generate a 1.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alaska Hydro Price Density |
| Price |
Predictive Modules for Alaska Hydro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alaska Hydro. 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.Alaska Hydro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alaska Hydro is not an exception. The market had few large corrections towards the Alaska Hydro'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 Alaska Hydro, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alaska Hydro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.80 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.08 |
Alaska Hydro 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 Alaska Hydro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alaska Hydro can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alaska Hydro is way too risky over 90 days horizon | |
| Alaska Hydro has some characteristics of a very speculative penny stock | |
| Alaska Hydro appears to be risky and price may revert if volatility continues | |
| Alaska Hydro has high likelihood to experience some financial distress in the next 2 years | |
| Alaska Hydro has accumulated 3.59 K in total debt. Alaska Hydro has a current ratio of 0.05, 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 Alaska Hydro until it has trouble settling it off, either with new capital or with free cash flow. So, Alaska Hydro's 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 Alaska Hydro sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alaska to invest in growth at high rates of return. When we think about Alaska Hydro's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (70.45 K) with profit before overhead, payroll, taxes, and interest of 88.51 K. | |
| Alaska Hydro has accumulated about 1.85 K in cash with (55 K) of positive cash flow from operations. | |
| Roughly 32.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Is Brookfield Renewable Partners a Buy for its 5.6 percent Yield - The Motley Fool Canada |
Alaska Hydro 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 Alaska Stock often depends not only on the future outlook of the current and potential Alaska Hydro'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. Alaska Hydro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.4 M |
Alaska Hydro Technical Analysis
Alaska Hydro's future price can be derived by breaking down and analyzing its technical indicators over time. Alaska Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alaska Hydro. In general, you should focus on analyzing Alaska Stock price patterns and their correlations with different microeconomic environments and drivers.
Alaska Hydro Predictive Forecast Models
Alaska Hydro's time-series forecasting models is one of many Alaska Hydro's 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 Alaska Hydro'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 stock market movement and maximize returns from investment trading.
Things to note about Alaska Hydro
Checking the ongoing alerts about Alaska Hydro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alaska Hydro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alaska Hydro is way too risky over 90 days horizon | |
| Alaska Hydro has some characteristics of a very speculative penny stock | |
| Alaska Hydro appears to be risky and price may revert if volatility continues | |
| Alaska Hydro has high likelihood to experience some financial distress in the next 2 years | |
| Alaska Hydro has accumulated 3.59 K in total debt. Alaska Hydro has a current ratio of 0.05, 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 Alaska Hydro until it has trouble settling it off, either with new capital or with free cash flow. So, Alaska Hydro's 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 Alaska Hydro sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alaska to invest in growth at high rates of return. When we think about Alaska Hydro's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (70.45 K) with profit before overhead, payroll, taxes, and interest of 88.51 K. | |
| Alaska Hydro has accumulated about 1.85 K in cash with (55 K) of positive cash flow from operations. | |
| Roughly 32.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Is Brookfield Renewable Partners a Buy for its 5.6 percent Yield - The Motley Fool Canada |
Additional Tools for Alaska Stock Analysis
When running Alaska Hydro's price analysis, check to measure Alaska Hydro's 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 Alaska Hydro is operating at the current time. Most of Alaska Hydro's value examination focuses on studying past and present price action to predict the probability of Alaska Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Hydro's price. Additionally, you may evaluate how the addition of Alaska Hydro to your portfolios can decrease your overall portfolio volatility.