Alliance Mining Corp Stock Probability of Future Stock Price Finishing Over 0.2
| ALM Stock | CAD 0.20 0.03 17.65% |
Alliance |
Alliance Mining Target Price Odds to finish over 0.2
The tendency of Alliance 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 |
| 0.20 | 90 days | 0.20 | near 1 |
Based on a normal probability distribution, the odds of Alliance Mining to move above the current price in 90 days from now is near 1 (This Alliance Mining Corp probability density function shows the probability of Alliance Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Alliance Mining has a beta of 0.39. This suggests as returns on the market go up, Alliance Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alliance Mining Corp will be expected to be much smaller as well. Moreover Alliance Mining Corp has an alpha of 1.8793, implying that it can generate a 1.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alliance Mining Price Density |
| Price |
Predictive Modules for Alliance Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alliance Mining Corp. 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.Alliance Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alliance Mining is not an exception. The market had few large corrections towards the Alliance Mining'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 Alliance Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alliance Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.88 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.20 |
Alliance Mining 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 Alliance Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alliance Mining Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alliance Mining Corp is way too risky over 90 days horizon | |
| Alliance Mining Corp has some characteristics of a very speculative penny stock | |
| Alliance Mining Corp appears to be risky and price may revert if volatility continues | |
| Alliance Mining Corp has accumulated 246.23 K in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Alliance Mining Corp has a current ratio of 0.01, 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 Alliance Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Alliance Mining'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 Alliance Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alliance to invest in growth at high rates of return. When we think about Alliance Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (660.08 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alliance Mining Corp has accumulated about 4.57 K in cash with (41.01 K) of positive cash flow from operations. | |
| Roughly 26.0% of Alliance Mining shares are held by company insiders | |
| Latest headline from news.google.com: Alliance Mining Clarifies Shareholder Information - TipRanks |
Alliance Mining 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 Alliance Stock often depends not only on the future outlook of the current and potential Alliance Mining'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. Alliance Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 M |
Alliance Mining Technical Analysis
Alliance Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Alliance Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alliance Mining Corp. In general, you should focus on analyzing Alliance Stock price patterns and their correlations with different microeconomic environments and drivers.
Alliance Mining Predictive Forecast Models
Alliance Mining's time-series forecasting models is one of many Alliance Mining'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 Alliance Mining'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 Alliance Mining Corp
Checking the ongoing alerts about Alliance Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alliance Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alliance Mining Corp is way too risky over 90 days horizon | |
| Alliance Mining Corp has some characteristics of a very speculative penny stock | |
| Alliance Mining Corp appears to be risky and price may revert if volatility continues | |
| Alliance Mining Corp has accumulated 246.23 K in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Alliance Mining Corp has a current ratio of 0.01, 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 Alliance Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Alliance Mining'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 Alliance Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alliance to invest in growth at high rates of return. When we think about Alliance Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (660.08 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alliance Mining Corp has accumulated about 4.57 K in cash with (41.01 K) of positive cash flow from operations. | |
| Roughly 26.0% of Alliance Mining shares are held by company insiders | |
| Latest headline from news.google.com: Alliance Mining Clarifies Shareholder Information - TipRanks |
Additional Tools for Alliance Stock Analysis
When running Alliance Mining's price analysis, check to measure Alliance Mining'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 Alliance Mining is operating at the current time. Most of Alliance Mining's value examination focuses on studying past and present price action to predict the probability of Alliance Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Mining's price. Additionally, you may evaluate how the addition of Alliance Mining to your portfolios can decrease your overall portfolio volatility.