District Copper Corp Stock Probability of Future Stock Price Finishing Under 0.04
| DCOP Stock | CAD 0.04 0.01 11.11% |
District |
District Copper Target Price Odds to finish below 0.04
The tendency of District 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 move below current price in 90 days |
| 0.04 | 90 days | 0.04 | about 33.7 |
Based on a normal probability distribution, the odds of District Copper to move below current price in 90 days from now is about 33.7 (This District Copper Corp probability density function shows the probability of District Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon District Copper Corp has a beta of -1.41 suggesting as returns on its benchmark rise, returns on holding District Copper Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, District Copper is expected to outperform its benchmark. Additionally District Copper Corp has an alpha of 0.3004, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). District Copper Price Density |
| Price |
Predictive Modules for District Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as District Copper Corp. 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.District Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. District Copper is not an exception. The market had few large corrections towards the District Copper'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 District Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of District Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -1.41 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0 |
District Copper 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 District Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for District Copper 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.| District Copper Corp had very high historical volatility over the last 90 days | |
| District Copper Corp has some characteristics of a very speculative penny stock | |
| District Copper Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (741.95 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| District Copper Corp has accumulated about 279.41 K in cash with (356.3 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 15.0% of the company shares are held by company insiders |
District Copper 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 District Stock often depends not only on the future outlook of the current and potential District Copper'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. District Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.3 M | |
| Cash And Short Term Investments | 349.6 K |
District Copper Technical Analysis
District Copper's future price can be derived by breaking down and analyzing its technical indicators over time. District Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of District Copper Corp. In general, you should focus on analyzing District Stock price patterns and their correlations with different microeconomic environments and drivers.
District Copper Predictive Forecast Models
District Copper's time-series forecasting models is one of many District Copper'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 District Copper'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 District Copper Corp
Checking the ongoing alerts about District Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for District Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| District Copper Corp had very high historical volatility over the last 90 days | |
| District Copper Corp has some characteristics of a very speculative penny stock | |
| District Copper Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (741.95 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| District Copper Corp has accumulated about 279.41 K in cash with (356.3 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 15.0% of the company shares are held by company insiders |
Additional Tools for District Stock Analysis
When running District Copper's price analysis, check to measure District Copper'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 District Copper is operating at the current time. Most of District Copper's value examination focuses on studying past and present price action to predict the probability of District Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Copper's price. Additionally, you may evaluate how the addition of District Copper to your portfolios can decrease your overall portfolio volatility.