Avaron Mining Corp Stock Probability of Future Stock Price Finishing Over 15.69
| AVR Stock | 0.07 0.01 27.27% |
Avaron |
Avaron Mining Target Price Odds to finish over 15.69
The tendency of Avaron 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 15.69 or more in 90 days |
| 0.07 | 90 days | 15.69 | close to zero percent |
Based on a normal probability distribution, the odds of Avaron Mining to move over 15.69 or more in 90 days from now is close to zero percent (This Avaron Mining Corp probability density function shows the probability of Avaron Stock to fall within a particular range of prices over 90 days) . Probability of Avaron Mining Corp price to stay between its current price of 0.07 and 15.69 at the end of the 90-day period is about 43.67 .
Assuming the 90 days horizon Avaron Mining has a beta of 0.4. This suggests as returns on the market go up, Avaron Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avaron Mining Corp will be expected to be much smaller as well. Moreover Avaron Mining Corp has an alpha of 1.6785, implying that it can generate a 1.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Avaron Mining Price Density |
| Price |
Predictive Modules for Avaron 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 Avaron 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.Avaron Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avaron Mining is not an exception. The market had few large corrections towards the Avaron 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 Avaron Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avaron Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.68 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.10 |
Avaron 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 Avaron Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avaron 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.| Avaron Mining Corp is way too risky over 90 days horizon | |
| Avaron Mining Corp has some characteristics of a very speculative penny stock | |
| Avaron Mining Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (456.91 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Avaron Mining generates negative cash flow from operations | |
| About 49.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Canaan Inc. expands self-mining in Texas, Pennsylvania - Investing.com |
Avaron 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 Avaron Stock often depends not only on the future outlook of the current and potential Avaron 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. Avaron Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.7 M |
Avaron Mining Technical Analysis
Avaron Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Avaron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avaron Mining Corp. In general, you should focus on analyzing Avaron Stock price patterns and their correlations with different microeconomic environments and drivers.
Avaron Mining Predictive Forecast Models
Avaron Mining's time-series forecasting models is one of many Avaron 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 Avaron 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 Avaron Mining Corp
Checking the ongoing alerts about Avaron Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avaron Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Avaron Mining Corp is way too risky over 90 days horizon | |
| Avaron Mining Corp has some characteristics of a very speculative penny stock | |
| Avaron Mining Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (456.91 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Avaron Mining generates negative cash flow from operations | |
| About 49.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Canaan Inc. expands self-mining in Texas, Pennsylvania - Investing.com |
Additional Tools for Avaron Stock Analysis
When running Avaron Mining's price analysis, check to measure Avaron 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 Avaron Mining is operating at the current time. Most of Avaron Mining's value examination focuses on studying past and present price action to predict the probability of Avaron 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 Avaron Mining's price. Additionally, you may evaluate how the addition of Avaron Mining to your portfolios can decrease your overall portfolio volatility.