Flying Nickel Mining Stock Probability of Future OTC Stock Price Finishing Over 16.92
| FLYNF Stock | USD 0.03 0.02 40.77% |
Flying |
Flying Nickel Target Price Odds to finish over 16.92
The tendency of Flying 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 $ 16.92 or more in 90 days |
| 0.03 | 90 days | 16.92 | close to zero percent |
Based on a normal probability distribution, the odds of Flying Nickel to move over $ 16.92 or more in 90 days from now is close to zero percent (This Flying Nickel Mining probability density function shows the probability of Flying OTC Stock to fall within a particular range of prices over 90 days) . Probability of Flying Nickel Mining price to stay between its current price of $ 0.03 and $ 16.92 at the end of the 90-day period is about 84.38 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.04 . This usually indicates Flying Nickel Mining market returns are reactive to returns on the market. As the market goes up or down, Flying Nickel is expected to follow. Additionally Flying Nickel Mining has an alpha of 0.7716, implying that it can generate a 0.77 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Flying Nickel Price Density |
| Price |
Predictive Modules for Flying Nickel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Flying Nickel Mining. 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.Flying Nickel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Flying Nickel is not an exception. The market had few large corrections towards the Flying Nickel'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 Flying Nickel Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Flying Nickel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.77 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Flying Nickel 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 Flying Nickel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Flying Nickel 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.| Flying Nickel Mining is way too risky over 90 days horizon | |
| Flying Nickel Mining has some characteristics of a very speculative penny stock | |
| Flying Nickel Mining appears to be risky and price may revert if volatility continues | |
| Flying Nickel Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (360.64 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Flying Nickel Mining has accumulated about 3.63 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 39.0% of the company shares are held by company insiders |
Flying Nickel 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 Flying OTC Stock often depends not only on the future outlook of the current and potential Flying Nickel'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. Flying Nickel's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 39.9 M |
Flying Nickel Technical Analysis
Flying Nickel's future price can be derived by breaking down and analyzing its technical indicators over time. Flying OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flying Nickel Mining. In general, you should focus on analyzing Flying OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Flying Nickel Predictive Forecast Models
Flying Nickel's time-series forecasting models is one of many Flying Nickel'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 Flying Nickel'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 Flying Nickel Mining
Checking the ongoing alerts about Flying Nickel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Flying Nickel Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Flying Nickel Mining is way too risky over 90 days horizon | |
| Flying Nickel Mining has some characteristics of a very speculative penny stock | |
| Flying Nickel Mining appears to be risky and price may revert if volatility continues | |
| Flying Nickel Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (360.64 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Flying Nickel Mining has accumulated about 3.63 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 39.0% of the company shares are held by company insiders |
Other Information on Investing in Flying OTC Stock
Flying Nickel financial ratios help investors to determine whether Flying 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 Flying with respect to the benefits of owning Flying Nickel security.