Akora Resources (Australia) Probability of Future Stock Price Finishing Under 0
| AKO Stock | 0.11 0.01 8.33% |
Akora |
Akora Resources Target Price Odds to finish below 0
The tendency of Akora 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 0.00 or more in 90 days |
| 0.11 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Akora Resources to drop to 0.00 or more in 90 days from now is near 1 (This Akora Resources probability density function shows the probability of Akora Stock to fall within a particular range of prices over 90 days) . Probability of Akora Resources price to stay between 0.00 and its current price of 0.11 at the end of the 90-day period is about 29.62 .
Assuming the 90 days trading horizon Akora Resources has a beta of 0.39. This suggests as returns on the market go up, Akora Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Akora Resources will be expected to be much smaller as well. Additionally Akora Resources has an alpha of 0.1404, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Akora Resources Price Density |
| Price |
Predictive Modules for Akora 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 Akora Resources. 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.Akora Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Akora Resources is not an exception. The market had few large corrections towards the Akora 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 Akora Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Akora Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.01 |
Akora 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 Akora Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Akora Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Akora Resources had very high historical volatility over the last 90 days | |
| Akora Resources has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 10.56 K. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 78. | |
| Akora Resources generates negative cash flow from operations | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Akora Resources Raises 600,000 for Iron Ore Projects - TipRanks |
Akora 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 Akora Stock often depends not only on the future outlook of the current and potential Akora 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. Akora Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.3 M | |
| Cash And Short Term Investments | 1.3 M |
Akora Resources Technical Analysis
Akora Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Akora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Akora Resources. In general, you should focus on analyzing Akora Stock price patterns and their correlations with different microeconomic environments and drivers.
Akora Resources Predictive Forecast Models
Akora Resources' time-series forecasting models is one of many Akora Resources' 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 Akora 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 stock market movement and maximize returns from investment trading.
Things to note about Akora Resources
Checking the ongoing alerts about Akora Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Akora Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Akora Resources had very high historical volatility over the last 90 days | |
| Akora Resources has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 10.56 K. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 78. | |
| Akora Resources generates negative cash flow from operations | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Akora Resources Raises 600,000 for Iron Ore Projects - TipRanks |
Additional Tools for Akora Stock Analysis
When running Akora Resources' price analysis, check to measure Akora Resources' 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 Akora Resources is operating at the current time. Most of Akora Resources' value examination focuses on studying past and present price action to predict the probability of Akora Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akora Resources' price. Additionally, you may evaluate how the addition of Akora Resources to your portfolios can decrease your overall portfolio volatility.