Forum Energy Metals Stock Probability of Future OTC Stock Price Finishing Over 0.0845
| FDCFF Stock | USD 0.05 0 8.00% |
Forum |
Forum Energy Target Price Odds to finish over 0.0845
The tendency of Forum OTC 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 over $ 0.08 or more in 90 days |
| 0.05 | 90 days | 0.08 | about 20.37 |
Based on a normal probability distribution, the odds of Forum Energy to move over $ 0.08 or more in 90 days from now is about 20.37 (This Forum Energy Metals probability density function shows the probability of Forum OTC Stock to fall within a particular range of prices over 90 days) . Probability of Forum Energy Metals price to stay between its current price of $ 0.05 and $ 0.08 at the end of the 90-day period is about 76.89 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 3.12 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Forum Energy will likely underperform. Additionally Forum Energy Metals 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. Forum Energy Price Density |
| Price |
Predictive Modules for Forum Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forum Energy Metals. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Forum Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forum Energy is not an exception. The market had few large corrections towards the Forum Energy'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 Forum Energy Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forum Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 3.12 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0006 |
Forum Energy 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 Forum Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forum Energy Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Forum Energy Metals generated a negative expected return over the last 90 days | |
| Forum Energy Metals has high historical volatility and very poor performance | |
| Forum Energy Metals has some characteristics of a very speculative penny stock | |
| Forum Energy Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Forum Energy Metals has accumulated about 3.14 M in cash with (3.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Forum Energy 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 Forum OTC Stock often depends not only on the future outlook of the current and potential Forum Energy'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. Forum Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 166.4 M |
Forum Energy Technical Analysis
Forum Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Forum OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forum Energy Metals. In general, you should focus on analyzing Forum OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Forum Energy Predictive Forecast Models
Forum Energy's time-series forecasting models is one of many Forum Energy's otc 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 Forum Energy'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 otc stock market movement and maximize returns from investment trading.
Things to note about Forum Energy Metals
Checking the ongoing alerts about Forum Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forum Energy Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forum Energy Metals generated a negative expected return over the last 90 days | |
| Forum Energy Metals has high historical volatility and very poor performance | |
| Forum Energy Metals has some characteristics of a very speculative penny stock | |
| Forum Energy Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Forum Energy Metals has accumulated about 3.14 M in cash with (3.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Other Information on Investing in Forum OTC Stock
Forum Energy financial ratios help investors to determine whether Forum OTC Stock 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 Forum with respect to the benefits of owning Forum Energy security.