Coppercorp Resources Stock Probability of Future OTC Stock Price Finishing Under 0.11
| CPCPF Stock | USD 0.11 0.01 10.00% |
CopperCorp |
CopperCorp Resources Target Price Odds to finish below 0.11
The tendency of CopperCorp 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 below current price in 90 days |
| 0.11 | 90 days | 0.11 | close to 99 |
Based on a normal probability distribution, the odds of CopperCorp Resources to move below current price in 90 days from now is close to 99 (This CopperCorp Resources probability density function shows the probability of CopperCorp OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon CopperCorp Resources has a beta of -2.96 suggesting as returns on its benchmark rise, returns on holding CopperCorp Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, CopperCorp Resources is expected to outperform its benchmark. In addition to that CopperCorp Resources has an alpha of 3.4221, implying that it can generate a 3.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CopperCorp Resources Price Density |
| Price |
Predictive Modules for CopperCorp 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 CopperCorp Resources. 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.CopperCorp Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CopperCorp Resources is not an exception. The market had few large corrections towards the CopperCorp 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 CopperCorp Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CopperCorp Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.42 | |
β | Beta against Dow Jones | -2.96 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.18 |
CopperCorp 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 CopperCorp Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CopperCorp 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.| CopperCorp Resources is way too risky over 90 days horizon | |
| CopperCorp Resources has some characteristics of a very speculative penny stock | |
| CopperCorp Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CopperCorp Resources has accumulated about 8.25 M in cash with (2.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 32.0% of the company shares are held by company insiders |
CopperCorp 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 CopperCorp OTC Stock often depends not only on the future outlook of the current and potential CopperCorp 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. CopperCorp Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.2 M |
CopperCorp Resources Technical Analysis
CopperCorp Resources' future price can be derived by breaking down and analyzing its technical indicators over time. CopperCorp OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CopperCorp Resources. In general, you should focus on analyzing CopperCorp OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
CopperCorp Resources Predictive Forecast Models
CopperCorp Resources' time-series forecasting models is one of many CopperCorp Resources' 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 CopperCorp 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 otc stock market movement and maximize returns from investment trading.
Things to note about CopperCorp Resources
Checking the ongoing alerts about CopperCorp Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CopperCorp Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CopperCorp Resources is way too risky over 90 days horizon | |
| CopperCorp Resources has some characteristics of a very speculative penny stock | |
| CopperCorp Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CopperCorp Resources has accumulated about 8.25 M in cash with (2.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 32.0% of the company shares are held by company insiders |
Other Information on Investing in CopperCorp OTC Stock
CopperCorp Resources financial ratios help investors to determine whether CopperCorp 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 CopperCorp with respect to the benefits of owning CopperCorp Resources security.