Black Widow Resources Stock Probability of Future Stock Price Finishing Over 0.0118
| BWR Stock | CAD 0.01 0.01 33.33% |
Black |
Black Widow Target Price Odds to finish over 0.0118
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$ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 78.29 |
Based on a normal probability distribution, the odds of Black Widow to move over C$ 0.01 or more in 90 days from now is about 78.29 (This Black Widow Resources probability density function shows the probability of Black Stock to fall within a particular range of prices over 90 days) . Probability of Black Widow Resources price to stay between its current price of C$ 0.01 and C$ 0.01 at the end of the 90-day period is about 13.15 .
Assuming the 90 days horizon Black Widow Resources has a beta of -0.5 suggesting as returns on the benchmark increase, returns on holding Black Widow are expected to decrease at a much lower rate. During a bear market, however, Black Widow Resources is likely to outperform the market. Additionally Black Widow 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. Black Widow Price Density |
| Price |
Predictive Modules for Black Widow
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 Widow Resources. 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 Widow Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Black Widow is not an exception. The market had few large corrections towards the Black Widow'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 Widow Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Black Widow within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
Black Widow 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 Widow for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Black Widow 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.| Black Widow had very high historical volatility over the last 90 days | |
| Black Widow has some characteristics of a very speculative penny stock | |
| Black Widow has high likelihood to experience some financial distress in the next 2 years | |
| Black Widow Resources has accumulated 104.49 K in total debt. Black Widow Resources has a current ratio of 0.37, 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 Widow until it has trouble settling it off, either with new capital or with free cash flow. So, Black Widow'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 Widow Resources 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 Widow's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (350.85 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Black Widow Resources has accumulated about 103.49 K in cash with (276.83 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: AI Stock Alert - Palladyne AI Corp. Flies on Drone News - Investorideas.com newswire |
Black Widow 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 Widow'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 Widow's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106 M |
Black Widow Technical Analysis
Black Widow'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 Widow Resources. In general, you should focus on analyzing Black Stock price patterns and their correlations with different microeconomic environments and drivers.
Black Widow Predictive Forecast Models
Black Widow's time-series forecasting models is one of many Black Widow'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 Widow'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 Widow Resources
Checking the ongoing alerts about Black Widow for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Black Widow Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Black Widow had very high historical volatility over the last 90 days | |
| Black Widow has some characteristics of a very speculative penny stock | |
| Black Widow has high likelihood to experience some financial distress in the next 2 years | |
| Black Widow Resources has accumulated 104.49 K in total debt. Black Widow Resources has a current ratio of 0.37, 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 Widow until it has trouble settling it off, either with new capital or with free cash flow. So, Black Widow'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 Widow Resources 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 Widow's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (350.85 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Black Widow Resources has accumulated about 103.49 K in cash with (276.83 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: AI Stock Alert - Palladyne AI Corp. Flies on Drone News - Investorideas.com newswire |
Additional Tools for Black Stock Analysis
When running Black Widow's price analysis, check to measure Black Widow'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 Widow is operating at the current time. Most of Black Widow's value examination focuses on studying past and present price action to predict the probability of Black Widow'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 Widow's price. Additionally, you may evaluate how the addition of Black Widow to your portfolios can decrease your overall portfolio volatility.