Condor Petroleum Stock Probability of Future Pink Sheet Price Finishing Over 5.90
| CNPRF Stock | USD 1.61 0.10 6.62% |
Condor |
Condor Petroleum Target Price Odds to finish over 5.90
The tendency of Condor 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 move over $ 5.90 or more in 90 days |
| 1.61 | 90 days | 5.90 | close to zero percent |
Based on a normal probability distribution, the odds of Condor Petroleum to move over $ 5.90 or more in 90 days from now is close to zero percent (This Condor Petroleum probability density function shows the probability of Condor Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Condor Petroleum price to stay between its current price of $ 1.61 and $ 5.90 at the end of the 90-day period is about 30.02 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.16 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, Condor Petroleum will likely underperform. Additionally Condor Petroleum has an alpha of 0.1751, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Condor Petroleum Price Density |
| Price |
Predictive Modules for Condor Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Condor Petroleum. 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.Condor Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Condor Petroleum is not an exception. The market had few large corrections towards the Condor Petroleum'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 Condor Petroleum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Condor Petroleum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.04 |
Condor Petroleum 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 Condor Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Condor Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Condor Petroleum may become a speculative penny stock | |
| Condor Petroleum had very high historical volatility over the last 90 days | |
| Condor Petroleum has high likelihood to experience some financial distress in the next 2 years | |
| Condor Petroleum has accumulated 13 K in total debt. Condor Petroleum has a current ratio of 0.93, 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 Condor Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Condor Petroleum'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 Condor Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Condor to invest in growth at high rates of return. When we think about Condor Petroleum's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 883 K. Net Loss for the year was (11.33 M) with profit before overhead, payroll, taxes, and interest of 39 K. | |
| Condor Petroleum has accumulated about 2.09 M in cash with (6.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 34.0% of the company shares are held by company insiders |
Condor Petroleum 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 Condor Pink Sheet often depends not only on the future outlook of the current and potential Condor Petroleum'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. Condor Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.2 M |
Condor Petroleum Technical Analysis
Condor Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Condor Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Condor Petroleum. In general, you should focus on analyzing Condor Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Condor Petroleum Predictive Forecast Models
Condor Petroleum's time-series forecasting models is one of many Condor Petroleum'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 Condor Petroleum'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 Condor Petroleum
Checking the ongoing alerts about Condor Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Condor Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Condor Petroleum may become a speculative penny stock | |
| Condor Petroleum had very high historical volatility over the last 90 days | |
| Condor Petroleum has high likelihood to experience some financial distress in the next 2 years | |
| Condor Petroleum has accumulated 13 K in total debt. Condor Petroleum has a current ratio of 0.93, 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 Condor Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Condor Petroleum'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 Condor Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Condor to invest in growth at high rates of return. When we think about Condor Petroleum's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 883 K. Net Loss for the year was (11.33 M) with profit before overhead, payroll, taxes, and interest of 39 K. | |
| Condor Petroleum has accumulated about 2.09 M in cash with (6.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 34.0% of the company shares are held by company insiders |
Other Information on Investing in Condor Pink Sheet
Condor Petroleum financial ratios help investors to determine whether Condor 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 Condor with respect to the benefits of owning Condor Petroleum security.