Cariboo Rose Resources Stock Probability of Future Stock Price Finishing Under 0.03
| CRB Stock | CAD 0.04 0.01 20.00% |
Cariboo |
Cariboo Rose Target Price Odds to finish below 0.03
The tendency of Cariboo 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$ 0.03 or more in 90 days |
| 0.04 | 90 days | 0.03 | about 14.9 |
Based on a normal probability distribution, the odds of Cariboo Rose to drop to C$ 0.03 or more in 90 days from now is about 14.9 (This Cariboo Rose Resources probability density function shows the probability of Cariboo Stock to fall within a particular range of prices over 90 days) . Probability of Cariboo Rose Resources price to stay between C$ 0.03 and its current price of C$0.04 at the end of the 90-day period is about 33.84 .
Assuming the 90 days horizon Cariboo Rose Resources has a beta of -0.35 suggesting as returns on the benchmark increase, returns on holding Cariboo Rose are expected to decrease at a much lower rate. During a bear market, however, Cariboo Rose Resources is likely to outperform the market. Moreover Cariboo Rose Resources has an alpha of 1.47, implying that it can generate a 1.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cariboo Rose Price Density |
| Price |
Predictive Modules for Cariboo Rose
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cariboo Rose 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.Cariboo Rose Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cariboo Rose is not an exception. The market had few large corrections towards the Cariboo Rose'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 Cariboo Rose Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cariboo Rose within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.47 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
Cariboo Rose 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 Cariboo Rose for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cariboo Rose 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.| Cariboo Rose is way too risky over 90 days horizon | |
| Cariboo Rose has some characteristics of a very speculative penny stock | |
| Cariboo Rose appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (302.56 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cariboo Rose Resources has accumulated about 1.59 M in cash with (245.17 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Latest headline from news.google.com: Cariboo Rose Resources Plans 540,000 Private Placement - TipRanks |
Cariboo Rose 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 Cariboo Stock often depends not only on the future outlook of the current and potential Cariboo Rose'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. Cariboo Rose's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.5 M |
Cariboo Rose Technical Analysis
Cariboo Rose's future price can be derived by breaking down and analyzing its technical indicators over time. Cariboo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cariboo Rose Resources. In general, you should focus on analyzing Cariboo Stock price patterns and their correlations with different microeconomic environments and drivers.
Cariboo Rose Predictive Forecast Models
Cariboo Rose's time-series forecasting models is one of many Cariboo Rose's 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 Cariboo Rose'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 stock market movement and maximize returns from investment trading.
Things to note about Cariboo Rose Resources
Checking the ongoing alerts about Cariboo Rose for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cariboo Rose Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cariboo Rose is way too risky over 90 days horizon | |
| Cariboo Rose has some characteristics of a very speculative penny stock | |
| Cariboo Rose appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (302.56 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cariboo Rose Resources has accumulated about 1.59 M in cash with (245.17 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Latest headline from news.google.com: Cariboo Rose Resources Plans 540,000 Private Placement - TipRanks |
Additional Tools for Cariboo Stock Analysis
When running Cariboo Rose's price analysis, check to measure Cariboo Rose's 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 Cariboo Rose is operating at the current time. Most of Cariboo Rose's value examination focuses on studying past and present price action to predict the probability of Cariboo Rose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cariboo Rose's price. Additionally, you may evaluate how the addition of Cariboo Rose to your portfolios can decrease your overall portfolio volatility.