Amex Exploration Stock Probability of Future OTC Stock Price Finishing Over 0.83
| AMXEF Stock | USD 0.82 0.01 1.20% |
Amex |
Amex Exploration Target Price Odds to finish over 0.83
The tendency of Amex OTC 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 over $ 0.83 or more in 90 days |
| 0.82 | 90 days | 0.83 | about 66.59 |
Based on a normal probability distribution, the odds of Amex Exploration to move over $ 0.83 or more in 90 days from now is about 66.59 (This Amex Exploration probability density function shows the probability of Amex OTC Stock to fall within a particular range of prices over 90 days) . Probability of Amex Exploration price to stay between its current price of $ 0.82 and $ 0.83 at the end of the 90-day period is roughly 2.56 .
Assuming the 90 days horizon Amex Exploration has a beta of -0.0458. This suggests as returns on the benchmark increase, returns on holding Amex Exploration are expected to decrease at a much lower rate. During a bear market, however, Amex Exploration is likely to outperform the market. Additionally Amex Exploration 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. Amex Exploration Price Density |
| Price |
Predictive Modules for Amex Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amex Exploration. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amex Exploration's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amex Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amex Exploration is not an exception. The market had few large corrections towards the Amex Exploration'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 Amex Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amex Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.56 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.11 |
Amex Exploration 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 Amex Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amex Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amex Exploration generated a negative expected return over the last 90 days | |
| Amex Exploration has high historical volatility and very poor performance | |
| Amex Exploration has some characteristics of a very speculative penny stock | |
| Amex Exploration has high likelihood to experience some financial distress in the next 2 years | |
| Amex Exploration has accumulated about 41.49 M in cash with (5.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4. | |
| Roughly 20.0% of the company shares are held by company insiders |
Amex Exploration 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 Amex OTC Stock often depends not only on the future outlook of the current and potential Amex Exploration'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. Amex Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.6 M |
Amex Exploration Technical Analysis
Amex Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Amex OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amex Exploration. In general, you should focus on analyzing Amex OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Amex Exploration Predictive Forecast Models
Amex Exploration's time-series forecasting models is one of many Amex Exploration's otc 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 Amex Exploration'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 otc stock market movement and maximize returns from investment trading.
Things to note about Amex Exploration
Checking the ongoing alerts about Amex Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amex Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amex Exploration generated a negative expected return over the last 90 days | |
| Amex Exploration has high historical volatility and very poor performance | |
| Amex Exploration has some characteristics of a very speculative penny stock | |
| Amex Exploration has high likelihood to experience some financial distress in the next 2 years | |
| Amex Exploration has accumulated about 41.49 M in cash with (5.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4. | |
| Roughly 20.0% of the company shares are held by company insiders |
Other Information on Investing in Amex OTC Stock
Amex Exploration financial ratios help investors to determine whether Amex OTC Stock 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 Amex with respect to the benefits of owning Amex Exploration security.