North Peak Resources Stock Probability of Future Pink Sheet Price Finishing Under 0.52
| BTLLF Stock | USD 0.51 0.02 4.08% |
North |
North Peak Target Price Odds to finish below 0.52
The tendency of North 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 stay under $ 0.52 after 90 days |
| 0.51 | 90 days | 0.52 | about 13.71 |
Based on a normal probability distribution, the odds of North Peak to stay under $ 0.52 after 90 days from now is about 13.71 (This North Peak Resources probability density function shows the probability of North Pink Sheet to fall within a particular range of prices over 90 days) . Probability of North Peak Resources price to stay between its current price of $ 0.51 and $ 0.52 at the end of the 90-day period is about 1.9 .
Assuming the 90 days horizon North Peak Resources has a beta of -1.79 suggesting as returns on its benchmark rise, returns on holding North Peak Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, North Peak is expected to outperform its benchmark. Additionally North Peak 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. North Peak Price Density |
| Price |
Predictive Modules for North Peak
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as North Peak Resources. 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.North Peak Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. North Peak is not an exception. The market had few large corrections towards the North Peak'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 North Peak Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of North Peak within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | -1.79 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.09 |
North Peak 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 North Peak for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for North Peak 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.| North Peak Resources generated a negative expected return over the last 90 days | |
| North Peak Resources has high historical volatility and very poor performance | |
| North Peak Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 22.08 K. | |
| North Peak Resources has accumulated about 8.42 M in cash with (1.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. |
North Peak 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 North Pink Sheet often depends not only on the future outlook of the current and potential North Peak'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. North Peak's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.3 M |
North Peak Technical Analysis
North Peak's future price can be derived by breaking down and analyzing its technical indicators over time. North Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of North Peak Resources. In general, you should focus on analyzing North Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
North Peak Predictive Forecast Models
North Peak's time-series forecasting models is one of many North Peak'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 North Peak'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 North Peak Resources
Checking the ongoing alerts about North Peak for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for North Peak Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| North Peak Resources generated a negative expected return over the last 90 days | |
| North Peak Resources has high historical volatility and very poor performance | |
| North Peak Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 22.08 K. | |
| North Peak Resources has accumulated about 8.42 M in cash with (1.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. |
Other Information on Investing in North Pink Sheet
North Peak financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Peak security.