Bonterra Resources Stock Probability of Future OTC Stock Price Finishing Under 0
| BONXF Stock | USD 0.17 0.01 5.56% |
Bonterra |
Bonterra Resources Target Price Odds to finish below 0
The tendency of Bonterra OTC 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 $ 0.00 or more in 90 days |
| 0.17 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Bonterra Resources to drop to $ 0.00 or more in 90 days from now is near 1 (This Bonterra Resources probability density function shows the probability of Bonterra OTC Stock to fall within a particular range of prices over 90 days) . Probability of Bonterra Resources price to stay between $ 0.00 and its current price of $0.17 at the end of the 90-day period is about 10.68 .
Assuming the 90 days horizon Bonterra Resources has a beta of 0.24 suggesting as returns on the market go up, Bonterra Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bonterra Resources will be expected to be much smaller as well. Additionally Bonterra Resources 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. Bonterra Resources Price Density |
| Price |
Predictive Modules for Bonterra Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bonterra Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bonterra Resources' 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.
Bonterra Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bonterra Resources is not an exception. The market had few large corrections towards the Bonterra Resources' 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 Bonterra Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bonterra Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.09 |
Bonterra Resources 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 Bonterra Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bonterra Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bonterra Resources generated a negative expected return over the last 90 days | |
| Bonterra Resources has some characteristics of a very speculative penny stock | |
| Bonterra Resources has high historical volatility and very poor performance | |
| Bonterra Resources has high likelihood to experience some financial distress in the next 2 years | |
| Bonterra Resources has accumulated 52.38 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Bonterra Resources has a current ratio of 0.89, 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 Bonterra Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Bonterra Resources' 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 Bonterra Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bonterra to invest in growth at high rates of return. When we think about Bonterra Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (31.92 M) with loss before overhead, payroll, taxes, and interest of (2.4 M). | |
| Bonterra Resources has accumulated about 12.08 M in cash with (34.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. |
Bonterra Resources 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 Bonterra OTC Stock often depends not only on the future outlook of the current and potential Bonterra Resources' 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. Bonterra Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.3 M |
Bonterra Resources Technical Analysis
Bonterra Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Bonterra OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bonterra Resources. In general, you should focus on analyzing Bonterra OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Bonterra Resources Predictive Forecast Models
Bonterra Resources' time-series forecasting models is one of many Bonterra Resources' otc 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 Bonterra Resources' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Bonterra Resources
Checking the ongoing alerts about Bonterra Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bonterra Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bonterra Resources generated a negative expected return over the last 90 days | |
| Bonterra Resources has some characteristics of a very speculative penny stock | |
| Bonterra Resources has high historical volatility and very poor performance | |
| Bonterra Resources has high likelihood to experience some financial distress in the next 2 years | |
| Bonterra Resources has accumulated 52.38 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Bonterra Resources has a current ratio of 0.89, 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 Bonterra Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Bonterra Resources' 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 Bonterra Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bonterra to invest in growth at high rates of return. When we think about Bonterra Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (31.92 M) with loss before overhead, payroll, taxes, and interest of (2.4 M). | |
| Bonterra Resources has accumulated about 12.08 M in cash with (34.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. |
Other Information on Investing in Bonterra OTC Stock
Bonterra Resources financial ratios help investors to determine whether Bonterra OTC Stock 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 Bonterra with respect to the benefits of owning Bonterra Resources security.