Bougainville Copper Limited Stock Probability of Future Pink Sheet Price Finishing Over 0.32
| BOCOF Stock | USD 0.32 0.00 0.00% |
Bougainville |
Bougainville Copper Target Price Odds to finish over 0.32
The tendency of Bougainville 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 move above the current price in 90 days |
| 0.32 | 90 days | 0.32 | about 78.63 |
Based on a normal probability distribution, the odds of Bougainville Copper to move above the current price in 90 days from now is about 78.63 (This Bougainville Copper Limited probability density function shows the probability of Bougainville Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Bougainville Copper has a beta of 0.0757 suggesting as returns on the market go up, Bougainville Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bougainville Copper Limited will be expected to be much smaller as well. Additionally Bougainville Copper Limited 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. Bougainville Copper Price Density |
| Price |
Predictive Modules for Bougainville Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bougainville Copper. 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.Bougainville Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bougainville Copper is not an exception. The market had few large corrections towards the Bougainville Copper'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 Bougainville Copper Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bougainville Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.27 |
Bougainville Copper 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 Bougainville Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bougainville Copper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bougainville Copper generated a negative expected return over the last 90 days | |
| Bougainville Copper has some characteristics of a very speculative penny stock | |
| Bougainville Copper has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.09 M) with profit before overhead, payroll, taxes, and interest of 4.06 M. | |
| Bougainville Copper generates negative cash flow from operations | |
| About 74.0% of the company shares are held by company insiders |
Bougainville Copper 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 Bougainville Pink Sheet often depends not only on the future outlook of the current and potential Bougainville Copper'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. Bougainville Copper's indicators that are reflective of the short sentiment are summarized in the table below.
Bougainville Copper Technical Analysis
Bougainville Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Bougainville Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bougainville Copper Limited. In general, you should focus on analyzing Bougainville Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bougainville Copper Predictive Forecast Models
Bougainville Copper's time-series forecasting models is one of many Bougainville Copper's 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 Bougainville Copper'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Bougainville Copper
Checking the ongoing alerts about Bougainville Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bougainville Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bougainville Copper generated a negative expected return over the last 90 days | |
| Bougainville Copper has some characteristics of a very speculative penny stock | |
| Bougainville Copper has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.09 M) with profit before overhead, payroll, taxes, and interest of 4.06 M. | |
| Bougainville Copper generates negative cash flow from operations | |
| About 74.0% of the company shares are held by company insiders |
Other Information on Investing in Bougainville Pink Sheet
Bougainville Copper financial ratios help investors to determine whether Bougainville 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 Bougainville with respect to the benefits of owning Bougainville Copper security.