Canyon Creek Food Stock Probability of Future Stock Price Finishing Under 0.00
| CYF Stock | CAD 0.02 0.00 0.00% |
Canyon |
Canyon Creek Target Price Odds to finish below 0.00
The tendency of Canyon 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$ 0.00 or more in 90 days |
| 0.02 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Canyon Creek to drop to C$ 0.00 or more in 90 days from now is near 1 (This Canyon Creek Food probability density function shows the probability of Canyon Stock to fall within a particular range of prices over 90 days) . Probability of Canyon Creek Food price to stay between C$ 0.00 and its current price of C$0.02 at the end of the 90-day period is about 11.62 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.95 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Canyon Creek will likely underperform. Moreover Canyon Creek Food has an alpha of 1.0536, implying that it can generate a 1.05 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Canyon Creek Price Density |
| Price |
Predictive Modules for Canyon Creek
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canyon Creek Food. 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.Canyon Creek Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canyon Creek is not an exception. The market had few large corrections towards the Canyon Creek'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 Canyon Creek Food, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canyon Creek within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.05 | |
β | Beta against Dow Jones | 1.95 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.07 |
Canyon Creek 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 Canyon Creek for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canyon Creek Food can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canyon Creek Food is way too risky over 90 days horizon | |
| Canyon Creek Food has some characteristics of a very speculative penny stock | |
| Canyon Creek Food appears to be risky and price may revert if volatility continues | |
| Canyon Creek Food has high likelihood to experience some financial distress in the next 2 years | |
| Canyon Creek Food has accumulated 5.01 M in total debt. Canyon Creek Food has a current ratio of 0.3, 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 Canyon Creek until it has trouble settling it off, either with new capital or with free cash flow. So, Canyon Creek'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 Canyon Creek Food sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canyon to invest in growth at high rates of return. When we think about Canyon Creek's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.52 M. Net Loss for the year was (4.48 M) with profit before overhead, payroll, taxes, and interest of 845.58 K. | |
| Canyon Creek Food has accumulated about 8.09 K in cash with (246.16 K) of positive cash flow from operations. | |
| Roughly 60.0% of the company shares are held by company insiders |
Canyon Creek 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 Canyon Stock often depends not only on the future outlook of the current and potential Canyon Creek'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. Canyon Creek's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.1 M |
Canyon Creek Technical Analysis
Canyon Creek's future price can be derived by breaking down and analyzing its technical indicators over time. Canyon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canyon Creek Food. In general, you should focus on analyzing Canyon Stock price patterns and their correlations with different microeconomic environments and drivers.
Canyon Creek Predictive Forecast Models
Canyon Creek's time-series forecasting models is one of many Canyon Creek'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 Canyon Creek'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 Canyon Creek Food
Checking the ongoing alerts about Canyon Creek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canyon Creek Food help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canyon Creek Food is way too risky over 90 days horizon | |
| Canyon Creek Food has some characteristics of a very speculative penny stock | |
| Canyon Creek Food appears to be risky and price may revert if volatility continues | |
| Canyon Creek Food has high likelihood to experience some financial distress in the next 2 years | |
| Canyon Creek Food has accumulated 5.01 M in total debt. Canyon Creek Food has a current ratio of 0.3, 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 Canyon Creek until it has trouble settling it off, either with new capital or with free cash flow. So, Canyon Creek'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 Canyon Creek Food sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canyon to invest in growth at high rates of return. When we think about Canyon Creek's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.52 M. Net Loss for the year was (4.48 M) with profit before overhead, payroll, taxes, and interest of 845.58 K. | |
| Canyon Creek Food has accumulated about 8.09 K in cash with (246.16 K) of positive cash flow from operations. | |
| Roughly 60.0% of the company shares are held by company insiders |
Additional Tools for Canyon Stock Analysis
When running Canyon Creek's price analysis, check to measure Canyon Creek'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 Canyon Creek is operating at the current time. Most of Canyon Creek's value examination focuses on studying past and present price action to predict the probability of Canyon Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canyon Creek's price. Additionally, you may evaluate how the addition of Canyon Creek to your portfolios can decrease your overall portfolio volatility.