Almonty Industries Common Stock Probability of Future Stock Price Finishing Over 8.99
| ALM Stock | 8.99 0.32 3.69% |
Almonty Industries Target Price Odds to finish over 8.99
The tendency of Almonty 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 above the current price in 90 days |
| 8.99 | 90 days | 8.99 | about 14.15 |
Based on a normal probability distribution, the odds of Almonty Industries to move above the current price in 90 days from now is about 14.15 (This Almonty Industries Common probability density function shows the probability of Almonty Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.16 . 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, Almonty Industries will likely underperform. Additionally Almonty Industries Common 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. Almonty Industries Price Density |
| Price |
Predictive Modules for Almonty Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Almonty Industries Common. 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.Almonty Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Almonty Industries is not an exception. The market had few large corrections towards the Almonty Industries' 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 Almonty Industries Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Almonty Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 2.16 | |
σ | Overall volatility | 1.22 | |
Ir | Information ratio | -0.03 |
Almonty Industries 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 Almonty Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Almonty Industries Common can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Almonty Industries had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 28.84 M. Reported Net Loss for the year was (16.3 M) with profit before taxes, overhead, and interest of 1.62 M. | |
| Almonty Industries generates negative cash flow from operations | |
| Almonty Industries has a frail financial position based on the latest SEC disclosures | |
| About 39.0% of the company shares are held by company insiders | |
| Latest headline from prnewswire.com: PTC Delivers New AI Functionality for Software-Driven Product Development with New ALM Releases |
Almonty Industries 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 Almonty Stock often depends not only on the future outlook of the current and potential Almonty Industries' 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. Almonty Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 169.4 M | |
| Cash And Short Term Investments | 7.8 M |
Almonty Industries Technical Analysis
Almonty Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Almonty Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Almonty Industries Common. In general, you should focus on analyzing Almonty Stock price patterns and their correlations with different microeconomic environments and drivers.
Almonty Industries Predictive Forecast Models
Almonty Industries' time-series forecasting models is one of many Almonty Industries' 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 Almonty Industries' 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 Almonty Industries Common
Checking the ongoing alerts about Almonty Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Almonty Industries Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Almonty Industries had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 28.84 M. Reported Net Loss for the year was (16.3 M) with profit before taxes, overhead, and interest of 1.62 M. | |
| Almonty Industries generates negative cash flow from operations | |
| Almonty Industries has a frail financial position based on the latest SEC disclosures | |
| About 39.0% of the company shares are held by company insiders | |
| Latest headline from prnewswire.com: PTC Delivers New AI Functionality for Software-Driven Product Development with New ALM Releases |
Check out Almonty Industries Backtesting, Almonty Industries Valuation, Almonty Industries Correlation, Almonty Industries Hype Analysis, Almonty Industries Volatility, Almonty Industries History as well as Almonty Industries Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Almonty Industries. If investors know Almonty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Almonty Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 0.157 | Quarterly Revenue Growth 0.28 | Return On Assets (0.04) | Return On Equity |
The market value of Almonty Industries Common is measured differently than its book value, which is the value of Almonty that is recorded on the company's balance sheet. Investors also form their own opinion of Almonty Industries' value that differs from its market value or its book value, called intrinsic value, which is Almonty Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Almonty Industries' market value can be influenced by many factors that don't directly affect Almonty Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Almonty Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Almonty Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almonty Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.