Black Rock (Australia) Probability of Future Stock Price Finishing Under 0.0004
| BKT Stock | 0.04 0 2.17% |
Black |
Black Rock Target Price Odds to finish below 0.0004
The tendency of Black 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 drop to 0.0004 or more in 90 days |
| 0.04 | 90 days | 0.0004 | near 1 |
Based on a normal probability distribution, the odds of Black Rock to drop to 0.0004 or more in 90 days from now is near 1 (This Black Rock Mining probability density function shows the probability of Black Stock to fall within a particular range of prices over 90 days) . Probability of Black Rock Mining price to stay between 0.0004 and its current price of 0.045 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Black Rock Mining has a beta of -0.39 suggesting as returns on the benchmark increase, returns on holding Black Rock are expected to decrease at a much lower rate. During a bear market, however, Black Rock Mining is likely to outperform the market. Additionally Black Rock Mining 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. Black Rock Price Density |
| Price |
Predictive Modules for Black Rock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Black Rock Mining. 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.Black Rock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Black Rock is not an exception. The market had few large corrections towards the Black Rock'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 Black Rock Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Black Rock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.11 |
Black Rock 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 Black Rock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Black Rock Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Black Rock Mining generated a negative expected return over the last 90 days | |
| Black Rock Mining has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 4.12 K. Net Loss for the year was (10.08 M) with profit before overhead, payroll, taxes, and interest of 83.61 K. | |
| Black Rock generates negative cash flow from operations | |
| About 32.0% of the company shares are held by company insiders |
Black Rock 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 Black Stock often depends not only on the future outlook of the current and potential Black Rock'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. Black Rock's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 9.1 M |
Black Rock Technical Analysis
Black Rock's future price can be derived by breaking down and analyzing its technical indicators over time. Black Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Black Rock Mining. In general, you should focus on analyzing Black Stock price patterns and their correlations with different microeconomic environments and drivers.
Black Rock Predictive Forecast Models
Black Rock's time-series forecasting models is one of many Black Rock'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 Black Rock'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 Black Rock Mining
Checking the ongoing alerts about Black Rock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Black Rock Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Black Rock Mining generated a negative expected return over the last 90 days | |
| Black Rock Mining has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 4.12 K. Net Loss for the year was (10.08 M) with profit before overhead, payroll, taxes, and interest of 83.61 K. | |
| Black Rock generates negative cash flow from operations | |
| About 32.0% of the company shares are held by company insiders |
Additional Tools for Black Stock Analysis
When running Black Rock's price analysis, check to measure Black Rock'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 Black Rock is operating at the current time. Most of Black Rock's value examination focuses on studying past and present price action to predict the probability of Black Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Rock's price. Additionally, you may evaluate how the addition of Black Rock to your portfolios can decrease your overall portfolio volatility.