ATLANTIC LITHIUM (Ghana) Probability of Future Stock Price Finishing Under 6.12
| ALLGH Stock | 6.14 0.00 0.00% |
ATLANTIC |
ATLANTIC LITHIUM Target Price Odds to finish below 6.12
The tendency of ATLANTIC 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 6.12 or more in 90 days |
| 6.14 | 90 days | 6.12 | near 1 |
Based on a normal probability distribution, the odds of ATLANTIC LITHIUM to drop to 6.12 or more in 90 days from now is near 1 (This ATLANTIC LITHIUM LTD probability density function shows the probability of ATLANTIC Stock to fall within a particular range of prices over 90 days) . Probability of ATLANTIC LITHIUM LTD price to stay between 6.12 and its current price of 6.14 at the end of the 90-day period is roughly 2.11 .
Assuming the 90 days trading horizon ATLANTIC LITHIUM has a beta of 0.002. This suggests as returns on the market go up, ATLANTIC LITHIUM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ATLANTIC LITHIUM LTD will be expected to be much smaller as well. Additionally ATLANTIC LITHIUM LTD has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ATLANTIC LITHIUM Price Density |
| Price |
Predictive Modules for ATLANTIC LITHIUM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATLANTIC LITHIUM LTD. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as ATLANTIC LITHIUM. Your research has to be compared to or analyzed against ATLANTIC LITHIUM's peers to derive any actionable benefits. When done correctly, ATLANTIC LITHIUM's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ATLANTIC LITHIUM LTD.ATLANTIC LITHIUM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ATLANTIC LITHIUM is not an exception. The market had few large corrections towards the ATLANTIC LITHIUM'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 ATLANTIC LITHIUM LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ATLANTIC LITHIUM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -7 |
ATLANTIC LITHIUM 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 ATLANTIC LITHIUM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ATLANTIC LITHIUM LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ATLANTIC LITHIUM LTD generated a negative expected return over the last 90 days |
ATLANTIC LITHIUM Technical Analysis
ATLANTIC LITHIUM's future price can be derived by breaking down and analyzing its technical indicators over time. ATLANTIC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ATLANTIC LITHIUM LTD. In general, you should focus on analyzing ATLANTIC Stock price patterns and their correlations with different microeconomic environments and drivers.
ATLANTIC LITHIUM Predictive Forecast Models
ATLANTIC LITHIUM's time-series forecasting models is one of many ATLANTIC LITHIUM'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 ATLANTIC LITHIUM'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 ATLANTIC LITHIUM LTD
Checking the ongoing alerts about ATLANTIC LITHIUM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ATLANTIC LITHIUM LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ATLANTIC LITHIUM LTD generated a negative expected return over the last 90 days |