Cunningham Natural Resources Stock Probability of Future Pink Sheet Price Finishing Under 0.0196
| CNRC Stock | 0.02 0 5.56% |
Cunningham |
Cunningham Natural Target Price Odds to finish below 0.0196
The tendency of Cunningham 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 0.02 after 90 days |
| 0.02 | 90 days | 0.02 | about 45.18 |
Based on a normal probability distribution, the odds of Cunningham Natural to stay under 0.02 after 90 days from now is about 45.18 (This Cunningham Natural Resources probability density function shows the probability of Cunningham Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Cunningham Natural price to stay between its current price of 0.02 and 0.02 at the end of the 90-day period is about 22.2 .
Given the investment horizon of 90 days Cunningham Natural Resources has a beta of -0.76 suggesting as returns on the benchmark increase, returns on holding Cunningham Natural are expected to decrease at a much lower rate. During a bear market, however, Cunningham Natural Resources is likely to outperform the market. Additionally Cunningham Natural Resources has an alpha of 0.5214, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cunningham Natural Price Density |
| Price |
Predictive Modules for Cunningham Natural
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cunningham Natural. 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.Cunningham Natural Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cunningham Natural is not an exception. The market had few large corrections towards the Cunningham Natural'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 Cunningham Natural Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cunningham Natural within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
Cunningham Natural 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 Cunningham Natural for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cunningham Natural can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cunningham Natural had very high historical volatility over the last 90 days | |
| Cunningham Natural has some characteristics of a very speculative penny stock |
Cunningham Natural Technical Analysis
Cunningham Natural's future price can be derived by breaking down and analyzing its technical indicators over time. Cunningham Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cunningham Natural Resources. In general, you should focus on analyzing Cunningham Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Cunningham Natural Predictive Forecast Models
Cunningham Natural's time-series forecasting models is one of many Cunningham Natural'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 Cunningham Natural'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 Cunningham Natural
Checking the ongoing alerts about Cunningham Natural for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cunningham Natural help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cunningham Natural had very high historical volatility over the last 90 days | |
| Cunningham Natural has some characteristics of a very speculative penny stock |