American Manganese Stock Probability of Future OTC Stock Price Finishing Over 0.0901
AMYZF Stock | USD 0.10 0.01 9.09% |
American |
American Manganese Target Price Odds to finish over 0.0901
The tendency of American 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 stay above $ 0.09 in 90 days |
0.10 | 90 days | 0.09 | about 16.83 |
Based on a normal probability distribution, the odds of American Manganese to stay above $ 0.09 in 90 days from now is about 16.83 (This American Manganese probability density function shows the probability of American OTC Stock to fall within a particular range of prices over 90 days) . Probability of American Manganese price to stay between $ 0.09 and its current price of $0.1 at the end of the 90-day period is about 12.69 .
Assuming the 90 days horizon American Manganese has a beta of 0.37. This suggests as returns on the market go up, American Manganese average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding American Manganese will be expected to be much smaller as well. Additionally American Manganese has an alpha of 0.2175, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). American Manganese Price Density |
Price |
Predictive Modules for American Manganese
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Manganese. 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.American Manganese Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. American Manganese is not an exception. The market had few large corrections towards the American Manganese'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 American Manganese, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of American Manganese within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
American Manganese 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 American Manganese for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for American Manganese can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.American Manganese had very high historical volatility over the last 90 days | |
American Manganese has some characteristics of a very speculative penny stock | |
American Manganese has high likelihood to experience some financial distress in the next 2 years | |
Net Loss for the year was (11.31 M) with loss before overhead, payroll, taxes, and interest of (32.08 K). | |
American Manganese has accumulated about 22.84 M in cash with (4.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
American Manganese 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 American OTC Stock often depends not only on the future outlook of the current and potential American Manganese'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. American Manganese's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 248.2 M |
American Manganese Technical Analysis
American Manganese's future price can be derived by breaking down and analyzing its technical indicators over time. American OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of American Manganese. In general, you should focus on analyzing American OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
American Manganese Predictive Forecast Models
American Manganese's time-series forecasting models is one of many American Manganese'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 American Manganese'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 American Manganese
Checking the ongoing alerts about American Manganese for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for American Manganese help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
American Manganese had very high historical volatility over the last 90 days | |
American Manganese has some characteristics of a very speculative penny stock | |
American Manganese has high likelihood to experience some financial distress in the next 2 years | |
Net Loss for the year was (11.31 M) with loss before overhead, payroll, taxes, and interest of (32.08 K). | |
American Manganese has accumulated about 22.84 M in cash with (4.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
Other Information on Investing in American OTC Stock
American Manganese financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Manganese security.