Belo Sun Mining Stock Odds of Future Stock Price Finishing Over 0.0473
| BSX Stock | CAD 0.04 0.01 10.00% |
Belo |
Belo Sun Target Price Odds to finish over 0.0473
The tendency of Belo 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$ 0.05 or more in 90 days |
| 0.04 | 90 days | 0.05 | about 60.57 |
Based on a normal probability distribution, the odds of Belo Sun to move over C$ 0.05 or more in 90 days from now is about 60.57 (This Belo Sun Mining probability density function shows the probability of Belo Stock to fall within a particular range of prices over 90 days) . Probability of Belo Sun Mining price to stay between its current price of C$ 0.04 and C$ 0.05 at the end of the 90-day period is about 13.03 .
Assuming the 90 days trading horizon Belo Sun Mining has a beta of -1.43 suggesting as returns on its benchmark rise, returns on holding Belo Sun Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Belo Sun is expected to outperform its benchmark. Additionally Belo Sun Mining has an alpha of 0.5568, implying that it can generate a 0.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Belo Sun Price Density |
| Price |
Predictive Modules for Belo Sun
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Belo Sun 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.Belo Sun Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Belo Sun is not an exception. The market had few large corrections towards the Belo Sun'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 Belo Sun Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Belo Sun within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.56 | |
β | Beta against Dow Jones | -1.43 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
Belo Sun 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 Belo Sun for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Belo Sun 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.| Belo Sun Mining is way too risky over 90 days horizon | |
| Belo Sun Mining has some characteristics of a very speculative penny stock | |
| Belo Sun Mining appears to be risky and price may revert if volatility continues | |
| Belo Sun Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.72 M) with loss before overhead, payroll, taxes, and interest of (5.54 M). | |
| Belo Sun Mining has accumulated about 1.65 M in cash with (4.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Belo Sun 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 Belo Stock often depends not only on the future outlook of the current and potential Belo Sun'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. Belo Sun's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 455.1 M | |
| Cash And Short Term Investments | 15.1 M |
Belo Sun Technical Analysis
Belo Sun's future price can be derived by breaking down and analyzing its technical indicators over time. Belo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Belo Sun Mining. In general, you should focus on analyzing Belo Stock price patterns and their correlations with different microeconomic environments and drivers.
Belo Sun Predictive Forecast Models
Belo Sun's time-series forecasting models is one of many Belo Sun'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 Belo Sun'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 Belo Sun Mining
Checking the ongoing alerts about Belo Sun for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Belo Sun Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Belo Sun Mining is way too risky over 90 days horizon | |
| Belo Sun Mining has some characteristics of a very speculative penny stock | |
| Belo Sun Mining appears to be risky and price may revert if volatility continues | |
| Belo Sun Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.72 M) with loss before overhead, payroll, taxes, and interest of (5.54 M). | |
| Belo Sun Mining has accumulated about 1.65 M in cash with (4.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Belo Stock
Belo Sun financial ratios help investors to determine whether Belo 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 Belo with respect to the benefits of owning Belo Sun security.