Alba Mineral Resources Stock Probability of Future Pink Sheet Price Finishing Over 3.0E-4
| ALBAF Stock | USD 0.0003 0.00 0.00% |
Alba |
Alba Mineral Target Price Odds to finish over 3.0E-4
The tendency of Alba 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 move above the current price in 90 days |
| 0.0003 | 90 days | 0.0003 | about 54.22 |
Based on a normal probability distribution, the odds of Alba Mineral to move above the current price in 90 days from now is about 54.22 (This Alba Mineral Resources probability density function shows the probability of Alba Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 3.49 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alba Mineral will likely underperform. Moreover Alba Mineral Resources has an alpha of 1.7478, implying that it can generate a 1.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alba Mineral Price Density |
| Price |
Predictive Modules for Alba Mineral
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alba Mineral Resources. 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.Alba Mineral Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alba Mineral is not an exception. The market had few large corrections towards the Alba Mineral'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 Alba Mineral Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alba Mineral within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.75 | |
β | Beta against Dow Jones | 3.49 | |
σ | Overall volatility | 0.000085 | |
Ir | Information ratio | 0.07 |
Alba Mineral 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 Alba Mineral for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alba Mineral 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.| Alba Mineral is way too risky over 90 days horizon | |
| Alba Mineral has some characteristics of a very speculative penny stock | |
| Alba Mineral appears to be risky and price may revert if volatility continues | |
| Alba Mineral has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alba Mineral Resources has accumulated about 1.62 M in cash with (486 K) of positive cash flow from operations. |
Alba Mineral 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 Alba Pink Sheet often depends not only on the future outlook of the current and potential Alba Mineral'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. Alba Mineral's indicators that are reflective of the short sentiment are summarized in the table below.
Alba Mineral Technical Analysis
Alba Mineral's future price can be derived by breaking down and analyzing its technical indicators over time. Alba Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alba Mineral Resources. In general, you should focus on analyzing Alba Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Alba Mineral Predictive Forecast Models
Alba Mineral's time-series forecasting models is one of many Alba Mineral'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 Alba Mineral'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 Alba Mineral Resources
Checking the ongoing alerts about Alba Mineral for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alba Mineral Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alba Mineral is way too risky over 90 days horizon | |
| Alba Mineral has some characteristics of a very speculative penny stock | |
| Alba Mineral appears to be risky and price may revert if volatility continues | |
| Alba Mineral has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alba Mineral Resources has accumulated about 1.62 M in cash with (486 K) of positive cash flow from operations. |
Other Information on Investing in Alba Pink Sheet
Alba Mineral financial ratios help investors to determine whether Alba 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 Alba with respect to the benefits of owning Alba Mineral security.