Currie Rose Resources Stock Probability of Future Pink Sheet Price Finishing Over 2.0E-4
| CUIRF Stock | USD 0.0002 0.00 0.00% |
Currie |
Currie Rose Target Price Odds to finish over 2.0E-4
The tendency of Currie 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 above the current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 63.36 |
Based on a normal probability distribution, the odds of Currie Rose to move above the current price in 90 days from now is about 63.36 (This Currie Rose Resources probability density function shows the probability of Currie Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Currie Rose has a beta of 0.68 suggesting as returns on the market go up, Currie Rose average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Currie Rose Resources will be expected to be much smaller as well. Additionally Currie Rose 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. Currie Rose Price Density |
| Price |
Predictive Modules for Currie 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 Currie Rose 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.Currie Rose Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Currie Rose is not an exception. The market had few large corrections towards the Currie 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 Currie Rose Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Currie Rose within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.57 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.13 |
Currie 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 Currie Rose for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Currie 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.| Currie Rose generated a negative expected return over the last 90 days | |
| Currie Rose has high historical volatility and very poor performance | |
| Currie Rose has some characteristics of a very speculative penny stock | |
| Currie Rose has high likelihood to experience some financial distress in the next 2 years | |
| Currie Rose Resources has accumulated 443.27 K in total debt with debt to equity ratio (D/E) of 5.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Currie Rose Resources has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Currie Rose until it has trouble settling it off, either with new capital or with free cash flow. So, Currie Rose's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Currie Rose Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Currie to invest in growth at high rates of return. When we think about Currie Rose's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.18 M). | |
| Currie Rose Resources has accumulated about 243.43 K in cash with (5.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 26.0% of Currie Rose shares are held by company insiders |
Currie 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 Currie Pink Sheet often depends not only on the future outlook of the current and potential Currie 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. Currie Rose's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 30.96M | |
| Average Daily Volume In Three Month | 1 |
Currie Rose Technical Analysis
Currie Rose's future price can be derived by breaking down and analyzing its technical indicators over time. Currie Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Currie Rose Resources. In general, you should focus on analyzing Currie Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Currie Rose Predictive Forecast Models
Currie Rose's time-series forecasting models is one of many Currie Rose's 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 Currie 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Currie Rose Resources
Checking the ongoing alerts about Currie Rose for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Currie Rose Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Currie Rose generated a negative expected return over the last 90 days | |
| Currie Rose has high historical volatility and very poor performance | |
| Currie Rose has some characteristics of a very speculative penny stock | |
| Currie Rose has high likelihood to experience some financial distress in the next 2 years | |
| Currie Rose Resources has accumulated 443.27 K in total debt with debt to equity ratio (D/E) of 5.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Currie Rose Resources has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Currie Rose until it has trouble settling it off, either with new capital or with free cash flow. So, Currie Rose's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Currie Rose Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Currie to invest in growth at high rates of return. When we think about Currie Rose's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.18 M). | |
| Currie Rose Resources has accumulated about 243.43 K in cash with (5.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 26.0% of Currie Rose shares are held by company insiders |
Other Information on Investing in Currie Pink Sheet
Currie Rose financial ratios help investors to determine whether Currie 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 Currie with respect to the benefits of owning Currie Rose security.