Hycroft Mining Holding Stock Probability of Future Stock Price Finishing Over 15.47
| HYMC Stock | USD 2.32 0.05 2.11% |
Hycroft |
Hycroft Mining Target Price Odds to finish over 15.47
The tendency of Hycroft 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 $ 15.47 or more in 90 days |
| 2.32 | 90 days | 15.47 | close to zero percent |
Based on a normal probability distribution, the odds of Hycroft Mining to move over $ 15.47 or more in 90 days from now is close to zero percent (This Hycroft Mining Holding probability density function shows the probability of Hycroft Stock to fall within a particular range of prices over 90 days) . Probability of Hycroft Mining Holding price to stay between its current price of $ 2.32 and $ 15.47 at the end of the 90-day period is about 68.21 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.16 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hycroft Mining will likely underperform. Additionally Hycroft Mining Holding 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. Hycroft Mining Price Density |
| Price |
Predictive Modules for Hycroft 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 Hycroft Mining Holding. 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.Hycroft Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hycroft Mining is not an exception. The market had few large corrections towards the Hycroft 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 Hycroft Mining Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hycroft Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.0064 |
Hycroft 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 Hycroft Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hycroft Mining Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hycroft Mining had very high historical volatility over the last 90 days | |
| Hycroft Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (55.02 M) with loss before overhead, payroll, taxes, and interest of (50.95 M). | |
| Hycroft Mining Holding currently holds about 157.97 M in cash with (41.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Hycroft Mining has a poor financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Disposition of 4800000 shares by Mudrick Capital Management, L.p. of Hycroft Mining at 11.5 subject to Rule 16b-3 |
Hycroft 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 Hycroft Stock often depends not only on the future outlook of the current and potential Hycroft 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. Hycroft Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.1 M | |
| Cash And Short Term Investments | 106.2 M |
Hycroft Mining Technical Analysis
Hycroft Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Hycroft Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hycroft Mining Holding. In general, you should focus on analyzing Hycroft Stock price patterns and their correlations with different microeconomic environments and drivers.
Hycroft Mining Predictive Forecast Models
Hycroft Mining's time-series forecasting models is one of many Hycroft 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 Hycroft 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 Hycroft Mining Holding
Checking the ongoing alerts about Hycroft Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hycroft Mining Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hycroft Mining had very high historical volatility over the last 90 days | |
| Hycroft Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (55.02 M) with loss before overhead, payroll, taxes, and interest of (50.95 M). | |
| Hycroft Mining Holding currently holds about 157.97 M in cash with (41.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Hycroft Mining has a poor financial position based on the latest SEC disclosures | |
| Roughly 20.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Disposition of 4800000 shares by Mudrick Capital Management, L.p. of Hycroft Mining at 11.5 subject to Rule 16b-3 |
Check out Hycroft Mining Backtesting, Hycroft Mining Valuation, Hycroft Mining Correlation, Hycroft Mining Hype Analysis, Hycroft Mining Volatility, Hycroft Mining History as well as Hycroft Mining Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hycroft Mining. If investors know Hycroft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hycroft Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.58) | Revenue Per Share 0.571 | Quarterly Revenue Growth (0.52) | Return On Assets (0.18) | Return On Equity (4.39) |
The market value of Hycroft Mining Holding is measured differently than its book value, which is the value of Hycroft that is recorded on the company's balance sheet. Investors also form their own opinion of Hycroft Mining's value that differs from its market value or its book value, called intrinsic value, which is Hycroft Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hycroft Mining's market value can be influenced by many factors that don't directly affect Hycroft Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hycroft Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hycroft Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hycroft Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.