Conquest Resources Stock Probability of Future Stock Price Finishing Under 0.0186
| CQR Stock | CAD 0.02 0.01 33.33% |
Conquest |
Conquest Resources Target Price Odds to finish below 0.0186
The tendency of Conquest 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 drop to C$ 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Conquest Resources to drop to C$ 0.02 or more in 90 days from now is near 1 (This Conquest Resources probability density function shows the probability of Conquest Stock to fall within a particular range of prices over 90 days) . Probability of Conquest Resources price to stay between C$ 0.02 and its current price of C$0.02 at the end of the 90-day period is about 1.03 .
Assuming the 90 days horizon Conquest Resources has a beta of -0.0086 suggesting as returns on the benchmark increase, returns on holding Conquest Resources are expected to decrease at a much lower rate. During a bear market, however, Conquest Resources is likely to outperform the market. Additionally Conquest 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. Conquest Resources Price Density |
| Price |
Predictive Modules for Conquest 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 Conquest Resources. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Conquest Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Conquest Resources is not an exception. The market had few large corrections towards the Conquest 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 Conquest Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Conquest Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.0086 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
Conquest 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 Conquest Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Conquest 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.| Conquest Resources generated a negative expected return over the last 90 days | |
| Conquest Resources has high historical volatility and very poor performance | |
| Conquest Resources has some characteristics of a very speculative penny stock | |
| Conquest Resources has accumulated about 3.76 M in cash with (172.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Conquest 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 Conquest Stock often depends not only on the future outlook of the current and potential Conquest 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. Conquest Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.5 M |
Conquest Resources Technical Analysis
Conquest Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Conquest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Conquest Resources. In general, you should focus on analyzing Conquest Stock price patterns and their correlations with different microeconomic environments and drivers.
Conquest Resources Predictive Forecast Models
Conquest Resources' time-series forecasting models is one of many Conquest Resources' 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 Conquest 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 stock market movement and maximize returns from investment trading.
Things to note about Conquest Resources
Checking the ongoing alerts about Conquest Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Conquest Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Conquest Resources generated a negative expected return over the last 90 days | |
| Conquest Resources has high historical volatility and very poor performance | |
| Conquest Resources has some characteristics of a very speculative penny stock | |
| Conquest Resources has accumulated about 3.76 M in cash with (172.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Conquest Stock Analysis
When running Conquest Resources' price analysis, check to measure Conquest Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conquest Resources is operating at the current time. Most of Conquest Resources' value examination focuses on studying past and present price action to predict the probability of Conquest Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conquest Resources' price. Additionally, you may evaluate how the addition of Conquest Resources to your portfolios can decrease your overall portfolio volatility.