Foremost Lithium Resource Stock Probability of Future Stock Price Finishing Over 1.46
| FMST Stock | 1.46 0.02 1.35% |
Foremost |
Foremost Lithium Target Price Odds to finish over 1.46
The tendency of Foremost 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 above the current price in 90 days |
| 1.46 | 90 days | 1.46 | close to 99 |
Based on a normal probability distribution, the odds of Foremost Lithium to move above the current price in 90 days from now is close to 99 (This Foremost Lithium Resource probability density function shows the probability of Foremost Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Foremost Lithium has a beta of 0.3. This usually indicates as returns on the market go up, Foremost Lithium average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Foremost Lithium Resource will be expected to be much smaller as well. Additionally Foremost Lithium Resource 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. Foremost Lithium Price Density |
| Price |
Predictive Modules for Foremost Lithium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foremost Lithium Resource. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foremost Lithium's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Foremost Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Foremost Lithium is not an exception. The market had few large corrections towards the Foremost Lithium'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 Foremost Lithium Resource, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Foremost Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.97 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.25 |
Foremost Lithium 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 Foremost Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Foremost Lithium Resource can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Foremost Lithium generated a negative expected return over the last 90 days | |
| Foremost Lithium may become a speculative penny stock | |
| Foremost Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (4.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Foremost Lithium generates negative cash flow from operations | |
| Foremost Lithium has a frail financial position based on the latest SEC disclosures | |
| About 27.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Foremost Clean Energy Corrects Red Cloud Contract and Provides Details For Its Plan of Arrangement |
Foremost Lithium 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 Foremost Stock often depends not only on the future outlook of the current and potential Foremost Lithium'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. Foremost Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 M | |
| Cash And Short Term Investments | 998.3 K |
Foremost Lithium Technical Analysis
Foremost Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. Foremost Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Foremost Lithium Resource. In general, you should focus on analyzing Foremost Stock price patterns and their correlations with different microeconomic environments and drivers.
Foremost Lithium Predictive Forecast Models
Foremost Lithium's time-series forecasting models is one of many Foremost Lithium'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 Foremost Lithium'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 Foremost Lithium Resource
Checking the ongoing alerts about Foremost Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Foremost Lithium Resource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Foremost Lithium generated a negative expected return over the last 90 days | |
| Foremost Lithium may become a speculative penny stock | |
| Foremost Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (4.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Foremost Lithium generates negative cash flow from operations | |
| Foremost Lithium has a frail financial position based on the latest SEC disclosures | |
| About 27.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Foremost Clean Energy Corrects Red Cloud Contract and Provides Details For Its Plan of Arrangement |
Additional Tools for Foremost Stock Analysis
When running Foremost Lithium's price analysis, check to measure Foremost Lithium'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 Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.