Avarone Metals Stock Probability of Future Pink Sheet Price Finishing Over -0.005271
| AVRTF Stock | USD 0 0.00 0.00% |
Avarone |
Avarone Metals Target Price Odds to finish over -0.005271
The tendency of Avarone Pink Sheet 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 $(0.01) in 90 days |
| 0 | 90 days | (0.01) | close to 99 |
Based on a normal probability distribution, the odds of Avarone Metals to stay above $(0.01) in 90 days from now is close to 99 (This Avarone Metals probability density function shows the probability of Avarone Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Avarone Metals price to stay between $(0.01) and its current price of $0.0033 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.86 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Avarone Metals will likely underperform. Additionally Avarone Metals 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. Avarone Metals Price Density |
| Price |
Predictive Modules for Avarone Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avarone Metals. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Avarone Metals' 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.
Avarone Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avarone Metals is not an exception. The market had few large corrections towards the Avarone Metals' 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 Avarone Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avarone Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.54 | |
β | Beta against Dow Jones | 1.86 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.14 |
Avarone Metals 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 Avarone Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avarone Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Avarone Metals generated a negative expected return over the last 90 days | |
| Avarone Metals has high historical volatility and very poor performance | |
| Avarone Metals has some characteristics of a very speculative penny stock | |
| Avarone Metals has accumulated 31.63 K in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Avarone Metals has a current ratio of 0.02, 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 Avarone Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Avarone Metals' 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 Avarone Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avarone to invest in growth at high rates of return. When we think about Avarone Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (231.84 K) with profit before overhead, payroll, taxes, and interest of 0. |
Avarone Metals 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 Avarone Pink Sheet often depends not only on the future outlook of the current and potential Avarone Metals' 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. Avarone Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 91.4 M |
Avarone Metals Technical Analysis
Avarone Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Avarone Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avarone Metals. In general, you should focus on analyzing Avarone Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Avarone Metals Predictive Forecast Models
Avarone Metals' time-series forecasting models is one of many Avarone Metals' pink sheet 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 Avarone Metals' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Avarone Metals
Checking the ongoing alerts about Avarone Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avarone Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Avarone Metals generated a negative expected return over the last 90 days | |
| Avarone Metals has high historical volatility and very poor performance | |
| Avarone Metals has some characteristics of a very speculative penny stock | |
| Avarone Metals has accumulated 31.63 K in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Avarone Metals has a current ratio of 0.02, 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 Avarone Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Avarone Metals' 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 Avarone Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avarone to invest in growth at high rates of return. When we think about Avarone Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (231.84 K) with profit before overhead, payroll, taxes, and interest of 0. |
Other Information on Investing in Avarone Pink Sheet
Avarone Metals financial ratios help investors to determine whether Avarone Pink Sheet 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 Avarone with respect to the benefits of owning Avarone Metals security.