Fjordland Exploration Stock Probability of Future Stock Price Finishing Over 25.36
| FEX Stock | CAD 0.01 0.00 0.00% |
Fjordland |
Fjordland Exploration Target Price Odds to finish over 25.36
The tendency of Fjordland 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 C$ 25.36 or more in 90 days |
| 0.01 | 90 days | 25.36 | close to zero percent |
Based on a normal probability distribution, the odds of Fjordland Exploration to move over C$ 25.36 or more in 90 days from now is close to zero percent (This Fjordland Exploration probability density function shows the probability of Fjordland Stock to fall within a particular range of prices over 90 days) . Probability of Fjordland Exploration price to stay between its current price of C$ 0.01 and C$ 25.36 at the end of the 90-day period is about 91.04 .
Assuming the 90 days horizon Fjordland Exploration has a beta of -9.6. This usually indicates as returns on its benchmark rise, returns on holding Fjordland Exploration are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Fjordland Exploration is expected to outperform its benchmark. In addition to that Fjordland Exploration has an alpha of 2.7296, implying that it can generate a 2.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fjordland Exploration Price Density |
| Price |
Predictive Modules for Fjordland Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fjordland Exploration. 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.Fjordland Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fjordland Exploration is not an exception. The market had few large corrections towards the Fjordland Exploration'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 Fjordland Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fjordland Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.73 | |
β | Beta against Dow Jones | -9.6 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Fjordland Exploration 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 Fjordland Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fjordland Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fjordland Exploration is way too risky over 90 days horizon | |
| Fjordland Exploration has some characteristics of a very speculative penny stock | |
| Fjordland Exploration appears to be risky and price may revert if volatility continues | |
| Fjordland Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has C$91,240 in debt which may indicate that it relies heavily on debt financing | |
| Net Loss for the year was (589.62 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fjordland Exploration has accumulated about 895.68 K in cash with (336.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 19.0% of the company shares are held by company insiders |
Fjordland Exploration 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 Fjordland Stock often depends not only on the future outlook of the current and potential Fjordland Exploration'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. Fjordland Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 82.9 M |
Fjordland Exploration Technical Analysis
Fjordland Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Fjordland Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fjordland Exploration. In general, you should focus on analyzing Fjordland Stock price patterns and their correlations with different microeconomic environments and drivers.
Fjordland Exploration Predictive Forecast Models
Fjordland Exploration's time-series forecasting models is one of many Fjordland Exploration'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 Fjordland Exploration'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 Fjordland Exploration
Checking the ongoing alerts about Fjordland Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fjordland Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fjordland Exploration is way too risky over 90 days horizon | |
| Fjordland Exploration has some characteristics of a very speculative penny stock | |
| Fjordland Exploration appears to be risky and price may revert if volatility continues | |
| Fjordland Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has C$91,240 in debt which may indicate that it relies heavily on debt financing | |
| Net Loss for the year was (589.62 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fjordland Exploration has accumulated about 895.68 K in cash with (336.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 19.0% of the company shares are held by company insiders |
Additional Tools for Fjordland Stock Analysis
When running Fjordland Exploration's price analysis, check to measure Fjordland Exploration'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 Fjordland Exploration is operating at the current time. Most of Fjordland Exploration's value examination focuses on studying past and present price action to predict the probability of Fjordland Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fjordland Exploration's price. Additionally, you may evaluate how the addition of Fjordland Exploration to your portfolios can decrease your overall portfolio volatility.