Black Mammoth Metals Stock Probability of Future Stock Price Finishing Over 7.43
| BMM Stock | CAD 0.92 0.04 4.17% |
Black |
Black Mammoth Target Price Odds to finish over 7.43
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 move over C$ 7.43 or more in 90 days |
| 0.92 | 90 days | 7.43 | close to zero percent |
Based on a normal probability distribution, the odds of Black Mammoth to move over C$ 7.43 or more in 90 days from now is close to zero percent (This Black Mammoth Metals probability density function shows the probability of Black Stock to fall within a particular range of prices over 90 days) . Probability of Black Mammoth Metals price to stay between its current price of C$ 0.92 and C$ 7.43 at the end of the 90-day period is about 50.0 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.51 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Black Mammoth will likely underperform. Additionally Black Mammoth Metals has an alpha of 0.1785, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Black Mammoth Price Density |
| Price |
Predictive Modules for Black Mammoth
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 Mammoth Metals. 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 Mammoth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Black Mammoth is not an exception. The market had few large corrections towards the Black Mammoth'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 Mammoth Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Black Mammoth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 2.51 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.05 |
Black Mammoth 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 Mammoth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Black Mammoth 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.| Black Mammoth Metals had very high historical volatility over the last 90 days | |
| Black Mammoth Metals has some characteristics of a very speculative penny stock | |
| Black Mammoth Metals has high likelihood to experience some financial distress in the next 2 years | |
| Black Mammoth Metals has accumulated 40 K in total debt. Black Mammoth Metals has a current ratio of 0.56, 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 Black Mammoth until it has trouble settling it off, either with new capital or with free cash flow. So, Black Mammoth's 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 Black Mammoth Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Mammoth's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (141.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 38.0% of the company shares are held by company insiders |
Black Mammoth 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 Mammoth'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 Mammoth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.9 M |
Black Mammoth Technical Analysis
Black Mammoth'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 Mammoth Metals. In general, you should focus on analyzing Black Stock price patterns and their correlations with different microeconomic environments and drivers.
Black Mammoth Predictive Forecast Models
Black Mammoth's time-series forecasting models is one of many Black Mammoth'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 Mammoth'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 Mammoth Metals
Checking the ongoing alerts about Black Mammoth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Black Mammoth Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Black Mammoth Metals had very high historical volatility over the last 90 days | |
| Black Mammoth Metals has some characteristics of a very speculative penny stock | |
| Black Mammoth Metals has high likelihood to experience some financial distress in the next 2 years | |
| Black Mammoth Metals has accumulated 40 K in total debt. Black Mammoth Metals has a current ratio of 0.56, 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 Black Mammoth until it has trouble settling it off, either with new capital or with free cash flow. So, Black Mammoth's 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 Black Mammoth Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Mammoth's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (141.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 38.0% of the company shares are held by company insiders |
Additional Tools for Black Stock Analysis
When running Black Mammoth's price analysis, check to measure Black Mammoth'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 Mammoth is operating at the current time. Most of Black Mammoth's value examination focuses on studying past and present price action to predict the probability of Black Mammoth'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 Mammoth's price. Additionally, you may evaluate how the addition of Black Mammoth to your portfolios can decrease your overall portfolio volatility.