Ascot Resources Stock Probability of Future Stock Price Finishing Over 0.209
| AOT Stock | CAD 0.22 0.01 4.35% |
Ascot |
Ascot Resources Target Price Odds to finish over 0.209
The tendency of Ascot 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 C$ 0.21 in 90 days |
| 0.22 | 90 days | 0.21 | about 58.44 |
Based on a normal probability distribution, the odds of Ascot Resources to stay above C$ 0.21 in 90 days from now is about 58.44 (This Ascot Resources probability density function shows the probability of Ascot Stock to fall within a particular range of prices over 90 days) . Probability of Ascot Resources price to stay between C$ 0.21 and its current price of C$0.22 at the end of the 90-day period is nearly 4.2 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.04 . This suggests Ascot Resources market returns are highly reactive to returns on the market. As the market goes up or down, Ascot Resources is expected to follow. Additionally Ascot Resources 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. Ascot Resources Price Density |
| Price |
Predictive Modules for Ascot Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ascot Resources. 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.Ascot Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ascot Resources is not an exception. The market had few large corrections towards the Ascot Resources' 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 Ascot Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ascot Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.78 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.07 |
Ascot Resources 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 Ascot Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ascot Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ascot Resources generated a negative expected return over the last 90 days | |
| Ascot Resources has high historical volatility and very poor performance | |
| Ascot Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (10.43 M) with loss before overhead, payroll, taxes, and interest of (309 K). | |
| Ascot Resources has accumulated about 60.21 M in cash with (13.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 17.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Ascot Resources Rating Increased to Moderate Buy at Desjardins - MarketBeat |
Ascot Resources 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 Ascot Stock often depends not only on the future outlook of the current and potential Ascot Resources' 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. Ascot Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 546.8 M | |
| Cash And Short Term Investments | 27 M |
Ascot Resources Technical Analysis
Ascot Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Ascot Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ascot Resources. In general, you should focus on analyzing Ascot Stock price patterns and their correlations with different microeconomic environments and drivers.
Ascot Resources Predictive Forecast Models
Ascot Resources' time-series forecasting models is one of many Ascot Resources' 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 Ascot Resources' 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 Ascot Resources
Checking the ongoing alerts about Ascot Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ascot Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ascot Resources generated a negative expected return over the last 90 days | |
| Ascot Resources has high historical volatility and very poor performance | |
| Ascot Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (10.43 M) with loss before overhead, payroll, taxes, and interest of (309 K). | |
| Ascot Resources has accumulated about 60.21 M in cash with (13.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 17.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Ascot Resources Rating Increased to Moderate Buy at Desjardins - MarketBeat |
Other Information on Investing in Ascot Stock
Ascot Resources financial ratios help investors to determine whether Ascot 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 Ascot with respect to the benefits of owning Ascot Resources security.