Corsa Coal Corp Stock Probability of Future OTC Stock Price Finishing Under 0.24
| CRSXF Stock | USD 0.15 0.01 6.25% |
Corsa |
Corsa Coal Target Price Odds to finish below 0.24
The tendency of Corsa 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 stay under $ 0.24 after 90 days |
| 0.15 | 90 days | 0.24 | close to 99 |
Based on a normal probability distribution, the odds of Corsa Coal to stay under $ 0.24 after 90 days from now is close to 99 (This Corsa Coal Corp probability density function shows the probability of Corsa OTC Stock to fall within a particular range of prices over 90 days) . Probability of Corsa Coal Corp price to stay between its current price of $ 0.15 and $ 0.24 at the end of the 90-day period is about 66.44 .
Assuming the 90 days horizon Corsa Coal Corp has a beta of -0.62 suggesting as returns on the benchmark increase, returns on holding Corsa Coal are expected to decrease at a much lower rate. During a bear market, however, Corsa Coal Corp is likely to outperform the market. Additionally Corsa Coal Corp has an alpha of 0.1914, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Corsa Coal Price Density |
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Predictive Modules for Corsa Coal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Corsa Coal Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corsa Coal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Corsa Coal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Corsa Coal is not an exception. The market had few large corrections towards the Corsa Coal'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 Corsa Coal Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Corsa Coal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.62 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.0007 |
Corsa Coal 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 Corsa Coal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Corsa Coal Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Corsa Coal Corp had very high historical volatility over the last 90 days | |
| Corsa Coal Corp has some characteristics of a very speculative penny stock | |
| Corsa Coal Corp has high likelihood to experience some financial distress in the next 2 years | |
| About 27.0% of the company shares are held by company insiders |
Corsa Coal 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 Corsa OTC Stock often depends not only on the future outlook of the current and potential Corsa Coal'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. Corsa Coal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 103.3 M |
Corsa Coal Technical Analysis
Corsa Coal's future price can be derived by breaking down and analyzing its technical indicators over time. Corsa OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Corsa Coal Corp. In general, you should focus on analyzing Corsa OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Corsa Coal Predictive Forecast Models
Corsa Coal's time-series forecasting models is one of many Corsa Coal's 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 Corsa Coal'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 otc stock market movement and maximize returns from investment trading.
Things to note about Corsa Coal Corp
Checking the ongoing alerts about Corsa Coal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Corsa Coal Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Corsa Coal Corp had very high historical volatility over the last 90 days | |
| Corsa Coal Corp has some characteristics of a very speculative penny stock | |
| Corsa Coal Corp has high likelihood to experience some financial distress in the next 2 years | |
| About 27.0% of the company shares are held by company insiders |
Other Information on Investing in Corsa OTC Stock
Corsa Coal financial ratios help investors to determine whether Corsa 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 Corsa with respect to the benefits of owning Corsa Coal security.