Cordoba Minerals Corp Stock Probability of Future OTC Stock Price Finishing Over 24.26
| CDBMF Stock | USD 0.28 0.00 0.00% |
Cordoba |
Cordoba Minerals Target Price Odds to finish over 24.26
The tendency of Cordoba 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 move over $ 24.26 or more in 90 days |
| 0.28 | 90 days | 24.26 | close to zero percent |
Based on a normal probability distribution, the odds of Cordoba Minerals to move over $ 24.26 or more in 90 days from now is close to zero percent (This Cordoba Minerals Corp probability density function shows the probability of Cordoba OTC Stock to fall within a particular range of prices over 90 days) . Probability of Cordoba Minerals Corp price to stay between its current price of $ 0.28 and $ 24.26 at the end of the 90-day period is about 85.05 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.83 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cordoba Minerals will likely underperform. Additionally Cordoba Minerals Corp has an alpha of 0.2107, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cordoba Minerals Price Density |
| Price |
Predictive Modules for Cordoba Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cordoba Minerals Corp. 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.Cordoba Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cordoba Minerals is not an exception. The market had few large corrections towards the Cordoba Minerals' 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 Cordoba Minerals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cordoba Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 1.83 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.04 |
Cordoba Minerals 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 Cordoba Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cordoba Minerals Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cordoba Minerals had very high historical volatility over the last 90 days | |
| Cordoba Minerals has some characteristics of a very speculative penny stock | |
| Cordoba Minerals Corp has accumulated 301 K in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Cordoba Minerals Corp has a current ratio of 0.33, 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 Cordoba Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Cordoba Minerals' 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 Cordoba Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cordoba to invest in growth at high rates of return. When we think about Cordoba Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (20.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cordoba Minerals Corp has accumulated about 2.74 M in cash with (20.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 83.0% of Cordoba Minerals shares are held by company insiders |
Cordoba Minerals 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 Cordoba OTC Stock often depends not only on the future outlook of the current and potential Cordoba Minerals' 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. Cordoba Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.1 M |
Cordoba Minerals Technical Analysis
Cordoba Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Cordoba OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cordoba Minerals Corp. In general, you should focus on analyzing Cordoba OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Cordoba Minerals Predictive Forecast Models
Cordoba Minerals' time-series forecasting models is one of many Cordoba Minerals' 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 Cordoba Minerals' 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 Cordoba Minerals Corp
Checking the ongoing alerts about Cordoba Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cordoba Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cordoba Minerals had very high historical volatility over the last 90 days | |
| Cordoba Minerals has some characteristics of a very speculative penny stock | |
| Cordoba Minerals Corp has accumulated 301 K in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Cordoba Minerals Corp has a current ratio of 0.33, 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 Cordoba Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Cordoba Minerals' 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 Cordoba Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cordoba to invest in growth at high rates of return. When we think about Cordoba Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (20.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cordoba Minerals Corp has accumulated about 2.74 M in cash with (20.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 83.0% of Cordoba Minerals shares are held by company insiders |
Other Information on Investing in Cordoba OTC Stock
Cordoba Minerals financial ratios help investors to determine whether Cordoba 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 Cordoba with respect to the benefits of owning Cordoba Minerals security.