Condor Resources Stock Probability of Future Pink Sheet Price Finishing Over 16.12
| CNRIF Stock | USD 0.11 0.00 0.00% |
Condor |
Condor Resources Target Price Odds to finish over 16.12
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 $ 16.12 or more in 90 days |
| 0.11 | 90 days | 16.12 | close to zero percent |
Based on a normal probability distribution, the odds of Condor Resources to move over $ 16.12 or more in 90 days from now is close to zero percent (This Condor Resources probability density function shows the probability of Condor Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Condor Resources price to stay between its current price of $ 0.11 and $ 16.12 at the end of the 90-day period is about 75.35 .
Assuming the 90 days horizon Condor Resources has a beta of 0.48 suggesting as returns on the market go up, Condor Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Condor Resources will be expected to be much smaller as well. Additionally Condor 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. Condor Resources Price Density |
| Price |
Predictive Modules for Condor Resources
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 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.Condor Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Condor Resources is not an exception. The market had few large corrections towards the Condor Resources' 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 Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Condor Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.08 |
Condor Resources 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 Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Condor 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.| Condor Resources generated a negative expected return over the last 90 days | |
| Condor Resources has high historical volatility and very poor performance | |
| Condor Resources has some characteristics of a very speculative penny stock | |
| Condor Resources has accumulated about 338.32 K in cash with (341.42 K) of positive cash flow from operations. | |
| Roughly 17.0% of the company shares are held by company insiders |
Condor Resources 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 Resources' 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 Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 126.9 M |
Condor Resources Technical Analysis
Condor Resources' 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 Resources. In general, you should focus on analyzing Condor Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Condor Resources Predictive Forecast Models
Condor Resources' time-series forecasting models is one of many Condor Resources' 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 Resources' 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 Resources
Checking the ongoing alerts about Condor Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Condor Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Condor Resources generated a negative expected return over the last 90 days | |
| Condor Resources has high historical volatility and very poor performance | |
| Condor Resources has some characteristics of a very speculative penny stock | |
| Condor Resources has accumulated about 338.32 K in cash with (341.42 K) of positive cash flow from operations. | |
| Roughly 17.0% of the company shares are held by company insiders |
Other Information on Investing in Condor Pink Sheet
Condor Resources 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 Resources security.