Eagle Mountain (Australia) Probability of Future Stock Price Finishing Under 0.02
| EM2 Stock | 0.02 0 10.53% |
Eagle |
Eagle Mountain Target Price Odds to finish below 0.02
The tendency of Eagle 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 0.02 after 90 days |
| 0.02 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Eagle Mountain to stay under 0.02 after 90 days from now is near 1 (This Eagle Mountain Mining probability density function shows the probability of Eagle Stock to fall within a particular range of prices over 90 days) . Probability of Eagle Mountain Mining price to stay between its current price of 0.02 and 0.02 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Eagle Mountain Mining has a beta of -0.21 suggesting as returns on the benchmark increase, returns on holding Eagle Mountain are expected to decrease at a much lower rate. During a bear market, however, Eagle Mountain Mining is likely to outperform the market. Additionally Eagle Mountain Mining 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. Eagle Mountain Price Density |
| Price |
Predictive Modules for Eagle Mountain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eagle Mountain Mining. 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.Eagle Mountain Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eagle Mountain is not an exception. The market had few large corrections towards the Eagle Mountain'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 Eagle Mountain Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eagle Mountain within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.15 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.16 |
Eagle Mountain 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 Eagle Mountain for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eagle Mountain Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eagle Mountain generated a negative expected return over the last 90 days | |
| Eagle Mountain has high historical volatility and very poor performance | |
| Eagle Mountain has some characteristics of a very speculative penny stock | |
| Eagle Mountain has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 46.67 K. Net Loss for the year was (6.45 M) with profit before overhead, payroll, taxes, and interest of 1.03 K. | |
| Eagle Mountain generates negative cash flow from operations | |
| About 41.0% of the company shares are held by company insiders |
Eagle Mountain 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 Eagle Stock often depends not only on the future outlook of the current and potential Eagle Mountain'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. Eagle Mountain's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 327.5 M | |
| Cash And Short Term Investments | 3.1 M |
Eagle Mountain Technical Analysis
Eagle Mountain's future price can be derived by breaking down and analyzing its technical indicators over time. Eagle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eagle Mountain Mining. In general, you should focus on analyzing Eagle Stock price patterns and their correlations with different microeconomic environments and drivers.
Eagle Mountain Predictive Forecast Models
Eagle Mountain's time-series forecasting models is one of many Eagle Mountain'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 Eagle Mountain'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 Eagle Mountain Mining
Checking the ongoing alerts about Eagle Mountain for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eagle Mountain Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eagle Mountain generated a negative expected return over the last 90 days | |
| Eagle Mountain has high historical volatility and very poor performance | |
| Eagle Mountain has some characteristics of a very speculative penny stock | |
| Eagle Mountain has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 46.67 K. Net Loss for the year was (6.45 M) with profit before overhead, payroll, taxes, and interest of 1.03 K. | |
| Eagle Mountain generates negative cash flow from operations | |
| About 41.0% of the company shares are held by company insiders |
Additional Tools for Eagle Stock Analysis
When running Eagle Mountain's price analysis, check to measure Eagle Mountain'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 Eagle Mountain is operating at the current time. Most of Eagle Mountain's value examination focuses on studying past and present price action to predict the probability of Eagle Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Mountain's price. Additionally, you may evaluate how the addition of Eagle Mountain to your portfolios can decrease your overall portfolio volatility.