Fredonia Mining Stock Probability of Future Stock Price Finishing Over 25.85
| FRED Stock | 0.28 0.02 6.67% |
Fredonia |
Fredonia Mining Target Price Odds to finish over 25.85
The tendency of Fredonia 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 25.85 or more in 90 days |
| 0.28 | 90 days | 25.85 | close to zero percent |
Based on a normal probability distribution, the odds of Fredonia Mining to move over 25.85 or more in 90 days from now is close to zero percent (This Fredonia Mining probability density function shows the probability of Fredonia Stock to fall within a particular range of prices over 90 days) . Probability of Fredonia Mining price to stay between its current price of 0.28 and 25.85 at the end of the 90-day period is about 72.96 .
Assuming the 90 days trading horizon Fredonia Mining has a beta of -0.15. This usually indicates as returns on the benchmark increase, returns on holding Fredonia Mining are expected to decrease at a much lower rate. During a bear market, however, Fredonia Mining is likely to outperform the market. Moreover Fredonia Mining has an alpha of 1.3203, implying that it can generate a 1.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fredonia Mining Price Density |
| Price |
Predictive Modules for Fredonia Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fredonia Mining. 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 Fredonia Mining'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.
Fredonia Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fredonia Mining is not an exception. The market had few large corrections towards the Fredonia Mining'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 Fredonia Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fredonia Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.32 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.15 |
Fredonia Mining 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 Fredonia Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fredonia 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.| Fredonia Mining is way too risky over 90 days horizon | |
| Fredonia Mining has some characteristics of a very speculative penny stock | |
| Fredonia Mining appears to be risky and price may revert if volatility continues | |
| Fredonia Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fredonia Mining generates negative cash flow from operations | |
| About 18.0% of the company shares are held by company insiders |
Fredonia Mining 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 Fredonia Stock often depends not only on the future outlook of the current and potential Fredonia Mining'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. Fredonia Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 177.2 M |
Fredonia Mining Technical Analysis
Fredonia Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Fredonia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fredonia Mining. In general, you should focus on analyzing Fredonia Stock price patterns and their correlations with different microeconomic environments and drivers.
Fredonia Mining Predictive Forecast Models
Fredonia Mining's time-series forecasting models is one of many Fredonia Mining'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 Fredonia Mining'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 Fredonia Mining
Checking the ongoing alerts about Fredonia Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fredonia Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fredonia Mining is way too risky over 90 days horizon | |
| Fredonia Mining has some characteristics of a very speculative penny stock | |
| Fredonia Mining appears to be risky and price may revert if volatility continues | |
| Fredonia Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fredonia Mining generates negative cash flow from operations | |
| About 18.0% of the company shares are held by company insiders |
Additional Tools for Fredonia Stock Analysis
When running Fredonia Mining's price analysis, check to measure Fredonia Mining'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 Fredonia Mining is operating at the current time. Most of Fredonia Mining's value examination focuses on studying past and present price action to predict the probability of Fredonia Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fredonia Mining's price. Additionally, you may evaluate how the addition of Fredonia Mining to your portfolios can decrease your overall portfolio volatility.