Imagine Lithium Stock Probability of Future Stock Price Finishing Over 30.56
| ILI Stock | CAD 0.03 0.01 25.00% |
Imagine |
Imagine Lithium Target Price Odds to finish over 30.56
The tendency of Imagine 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 C$ 30.56 or more in 90 days |
| 0.03 | 90 days | 30.56 | close to zero percent |
Based on a normal probability distribution, the odds of Imagine Lithium to move over C$ 30.56 or more in 90 days from now is close to zero percent (This Imagine Lithium probability density function shows the probability of Imagine Stock to fall within a particular range of prices over 90 days) . Probability of Imagine Lithium price to stay between its current price of C$ 0.03 and C$ 30.56 at the end of the 90-day period is under 95 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.31 . 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, Imagine Lithium will likely underperform. Additionally Imagine Lithium 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. Imagine Lithium Price Density |
| Price |
Predictive Modules for Imagine 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 Imagine Lithium. 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.Imagine Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Imagine Lithium is not an exception. The market had few large corrections towards the Imagine 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 Imagine Lithium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Imagine Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 1.31 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.01 |
Imagine 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 Imagine Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Imagine Lithium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Imagine Lithium had very high historical volatility over the last 90 days | |
| Imagine Lithium has some characteristics of a very speculative penny stock | |
| Imagine Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Imagine Lithium has accumulated about 103.04 K in cash with (1.15 M) of positive cash flow from operations. |
Imagine 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 Imagine Stock often depends not only on the future outlook of the current and potential Imagine 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. Imagine Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 277.1 M |
Imagine Lithium Technical Analysis
Imagine Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. Imagine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Imagine Lithium. In general, you should focus on analyzing Imagine Stock price patterns and their correlations with different microeconomic environments and drivers.
Imagine Lithium Predictive Forecast Models
Imagine Lithium's time-series forecasting models is one of many Imagine 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 Imagine 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 Imagine Lithium
Checking the ongoing alerts about Imagine Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Imagine Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Imagine Lithium had very high historical volatility over the last 90 days | |
| Imagine Lithium has some characteristics of a very speculative penny stock | |
| Imagine Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Imagine Lithium has accumulated about 103.04 K in cash with (1.15 M) of positive cash flow from operations. |
Additional Tools for Imagine Stock Analysis
When running Imagine Lithium's price analysis, check to measure Imagine 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 Imagine Lithium is operating at the current time. Most of Imagine Lithium's value examination focuses on studying past and present price action to predict the probability of Imagine 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 Imagine Lithium's price. Additionally, you may evaluate how the addition of Imagine Lithium to your portfolios can decrease your overall portfolio volatility.