Decade Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.03
| DECXF Stock | USD 0.03 0 3.33% |
Decade |
Decade Resources Target Price Odds to finish over 0.03
The tendency of Decade 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 stay above $ 0.03 in 90 days |
| 0.03 | 90 days | 0.03 | about 74.12 |
Based on a normal probability distribution, the odds of Decade Resources to stay above $ 0.03 in 90 days from now is about 74.12 (This Decade Resources probability density function shows the probability of Decade Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Decade Resources price to stay between $ 0.03 and its current price of $0.031 at the end of the 90-day period is about 5.09 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 2.54 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, Decade Resources will likely underperform. Additionally Decade 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. Decade Resources Price Density |
| Price |
Predictive Modules for Decade Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Decade 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Decade Resources' 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.
Decade Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Decade Resources is not an exception. The market had few large corrections towards the Decade Resources' 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 Decade Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Decade Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 2.54 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Decade Resources 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 Decade Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Decade 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.| Decade Resources had very high historical volatility over the last 90 days | |
| Decade Resources has some characteristics of a very speculative penny stock | |
| Decade Resources has accumulated 55.5 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Decade Resources has a current ratio of 0.09, 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 Decade Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Decade Resources' 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 Decade Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Decade to invest in growth at high rates of return. When we think about Decade Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (480 K) with loss before overhead, payroll, taxes, and interest of (986). | |
| Decade Resources has accumulated about 2.14 K in cash with (529.15 K) of positive cash flow from operations. | |
| Roughly 18.0% of Decade Resources shares are held by company insiders |
Decade Resources 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 Decade Pink Sheet often depends not only on the future outlook of the current and potential Decade Resources' 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. Decade Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.8 M |
Decade Resources Technical Analysis
Decade Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Decade Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Decade Resources. In general, you should focus on analyzing Decade Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Decade Resources Predictive Forecast Models
Decade Resources' time-series forecasting models is one of many Decade Resources' 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 Decade Resources' 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 Decade Resources
Checking the ongoing alerts about Decade Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Decade Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Decade Resources had very high historical volatility over the last 90 days | |
| Decade Resources has some characteristics of a very speculative penny stock | |
| Decade Resources has accumulated 55.5 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Decade Resources has a current ratio of 0.09, 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 Decade Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Decade Resources' 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 Decade Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Decade to invest in growth at high rates of return. When we think about Decade Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (480 K) with loss before overhead, payroll, taxes, and interest of (986). | |
| Decade Resources has accumulated about 2.14 K in cash with (529.15 K) of positive cash flow from operations. | |
| Roughly 18.0% of Decade Resources shares are held by company insiders |
Other Information on Investing in Decade Pink Sheet
Decade Resources financial ratios help investors to determine whether Decade 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 Decade with respect to the benefits of owning Decade Resources security.