Azarga Metals Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.0001
| EUUNF Stock | USD 0.01 0.00 0.00% |
Azarga |
Azarga Metals Target Price Odds to finish below 0.0001
The tendency of Azarga 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 drop to $ 0.0001 or more in 90 days |
| 0.01 | 90 days | 0.0001 | near 1 |
Based on a normal probability distribution, the odds of Azarga Metals to drop to $ 0.0001 or more in 90 days from now is near 1 (This Azarga Metals Corp probability density function shows the probability of Azarga Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Azarga Metals Corp price to stay between $ 0.0001 and its current price of $0.015 at the end of the 90-day period is about 1.65 .
Assuming the 90 days horizon Azarga Metals has a beta of 0.27 suggesting as returns on the market go up, Azarga Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Azarga Metals Corp will be expected to be much smaller as well. Additionally Azarga Metals Corp 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. Azarga Metals Price Density |
| Price |
Predictive Modules for Azarga Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Azarga Metals Corp. 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.Azarga Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Azarga Metals is not an exception. The market had few large corrections towards the Azarga Metals' 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 Azarga Metals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Azarga Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.17 |
Azarga Metals 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 Azarga Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Azarga Metals 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.| Azarga Metals Corp generated a negative expected return over the last 90 days | |
| Azarga Metals Corp has some characteristics of a very speculative penny stock | |
| Azarga Metals Corp has high historical volatility and very poor performance | |
| Azarga Metals Corp has accumulated 6.13 M in total debt with debt to equity ratio (D/E) of 2.09, implying the company greatly relies on financing operations through barrowing. Azarga Metals Corp has a current ratio of 0.17, 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 Azarga Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Azarga Metals' 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 Azarga Metals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Azarga to invest in growth at high rates of return. When we think about Azarga Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (9.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Azarga Metals Corp has accumulated about 257.01 K in cash with (923.49 K) of positive cash flow from operations. | |
| Roughly 47.0% of Azarga Metals shares are held by company insiders |
Azarga Metals 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 Azarga Pink Sheet often depends not only on the future outlook of the current and potential Azarga Metals' 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. Azarga Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 197 M |
Azarga Metals Technical Analysis
Azarga Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Azarga Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Azarga Metals Corp. In general, you should focus on analyzing Azarga Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Azarga Metals Predictive Forecast Models
Azarga Metals' time-series forecasting models is one of many Azarga Metals' 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 Azarga Metals' 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 Azarga Metals Corp
Checking the ongoing alerts about Azarga Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Azarga Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Azarga Metals Corp generated a negative expected return over the last 90 days | |
| Azarga Metals Corp has some characteristics of a very speculative penny stock | |
| Azarga Metals Corp has high historical volatility and very poor performance | |
| Azarga Metals Corp has accumulated 6.13 M in total debt with debt to equity ratio (D/E) of 2.09, implying the company greatly relies on financing operations through barrowing. Azarga Metals Corp has a current ratio of 0.17, 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 Azarga Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Azarga Metals' 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 Azarga Metals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Azarga to invest in growth at high rates of return. When we think about Azarga Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (9.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Azarga Metals Corp has accumulated about 257.01 K in cash with (923.49 K) of positive cash flow from operations. | |
| Roughly 47.0% of Azarga Metals shares are held by company insiders |
Other Information on Investing in Azarga Pink Sheet
Azarga Metals financial ratios help investors to determine whether Azarga 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 Azarga with respect to the benefits of owning Azarga Metals security.