Fidelity Minerals Corp Stock Probability of Future Stock Price Finishing Under 0.055
| FMN Stock | CAD 0.06 0.01 37.50% |
Fidelity |
Fidelity Minerals Target Price Odds to finish below 0.055
The tendency of Fidelity 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 below current price in 90 days |
| 0.06 | 90 days | 0.06 | about 77.12 |
Based on a normal probability distribution, the odds of Fidelity Minerals to move below current price in 90 days from now is about 77.12 (This Fidelity Minerals Corp probability density function shows the probability of Fidelity Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.03 . This usually indicates Fidelity Minerals Corp market returns are correlated to returns on the market. As the market goes up or down, Fidelity Minerals is expected to follow. Additionally Fidelity Minerals Corp has an alpha of 0.9947, implying that it can generate a 0.99 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fidelity Minerals Price Density |
| Price |
Predictive Modules for Fidelity Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fidelity Minerals Corp. 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.Fidelity Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fidelity Minerals is not an exception. The market had few large corrections towards the Fidelity Minerals' 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 Fidelity Minerals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fidelity Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.99 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.07 |
Fidelity Minerals 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 Fidelity Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fidelity Minerals 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.| Fidelity Minerals is way too risky over 90 days horizon | |
| Fidelity Minerals has some characteristics of a very speculative penny stock | |
| Fidelity Minerals appears to be risky and price may revert if volatility continues | |
| Fidelity Minerals Corp has accumulated 363.81 K in total debt with debt to equity ratio (D/E) of 11.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Fidelity Minerals Corp has a current ratio of 0.08, 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 Fidelity Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Fidelity Minerals' 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 Fidelity Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fidelity to invest in growth at high rates of return. When we think about Fidelity Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fidelity Minerals Corp has accumulated about 9.24 K in cash with (147.72 K) of positive cash flow from operations. | |
| Roughly 62.0% of Fidelity Minerals shares are held by company insiders | |
| Latest headline from news.google.com: HudBay Minerals Expected to Beat Earnings Estimates Can the Stock Move Higher - Yahoo Finance |
Fidelity Minerals 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 Fidelity Stock often depends not only on the future outlook of the current and potential Fidelity Minerals' 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. Fidelity Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.8 M |
Fidelity Minerals Technical Analysis
Fidelity Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Fidelity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fidelity Minerals Corp. In general, you should focus on analyzing Fidelity Stock price patterns and their correlations with different microeconomic environments and drivers.
Fidelity Minerals Predictive Forecast Models
Fidelity Minerals' time-series forecasting models is one of many Fidelity Minerals' 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 Fidelity Minerals' 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 Fidelity Minerals Corp
Checking the ongoing alerts about Fidelity Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fidelity Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fidelity Minerals is way too risky over 90 days horizon | |
| Fidelity Minerals has some characteristics of a very speculative penny stock | |
| Fidelity Minerals appears to be risky and price may revert if volatility continues | |
| Fidelity Minerals Corp has accumulated 363.81 K in total debt with debt to equity ratio (D/E) of 11.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Fidelity Minerals Corp has a current ratio of 0.08, 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 Fidelity Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Fidelity Minerals' 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 Fidelity Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fidelity to invest in growth at high rates of return. When we think about Fidelity Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fidelity Minerals Corp has accumulated about 9.24 K in cash with (147.72 K) of positive cash flow from operations. | |
| Roughly 62.0% of Fidelity Minerals shares are held by company insiders | |
| Latest headline from news.google.com: HudBay Minerals Expected to Beat Earnings Estimates Can the Stock Move Higher - Yahoo Finance |
Additional Tools for Fidelity Stock Analysis
When running Fidelity Minerals' price analysis, check to measure Fidelity Minerals' 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 Fidelity Minerals is operating at the current time. Most of Fidelity Minerals' value examination focuses on studying past and present price action to predict the probability of Fidelity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Minerals' price. Additionally, you may evaluate how the addition of Fidelity Minerals to your portfolios can decrease your overall portfolio volatility.