Intrepid Metals Corp Stock Probability of Future OTC Stock Price Finishing Under 0.36
| IMTCF Stock | 0.26 0.01 3.70% |
Intrepid |
Intrepid Metals Target Price Odds to finish below 0.36
The tendency of Intrepid OTC 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 stay under 0.36 after 90 days |
| 0.26 | 90 days | 0.36 | over 95.94 |
Based on a normal probability distribution, the odds of Intrepid Metals to stay under 0.36 after 90 days from now is over 95.94 (This Intrepid Metals Corp probability density function shows the probability of Intrepid OTC Stock to fall within a particular range of prices over 90 days) . Probability of Intrepid Metals Corp price to stay between its current price of 0.26 and 0.36 at the end of the 90-day period is about 91.95 .
Assuming the 90 days horizon Intrepid Metals Corp has a beta of -0.59. This usually indicates as returns on the benchmark increase, returns on holding Intrepid Metals are expected to decrease at a much lower rate. During a bear market, however, Intrepid Metals Corp is likely to outperform the market. Additionally Intrepid Metals Corp 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. Intrepid Metals Price Density |
| Price |
Predictive Modules for Intrepid Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Intrepid Metals Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Intrepid Metals' 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.
Intrepid Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Intrepid Metals is not an exception. The market had few large corrections towards the Intrepid Metals' 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 Intrepid Metals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Intrepid Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.59 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.04 |
Intrepid Metals 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 Intrepid Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Intrepid Metals 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.| Intrepid Metals Corp generated a negative expected return over the last 90 days | |
| Intrepid Metals Corp has high historical volatility and very poor performance | |
| Intrepid Metals Corp has some characteristics of a very speculative penny stock |
Intrepid Metals Technical Analysis
Intrepid Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Intrepid OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Intrepid Metals Corp. In general, you should focus on analyzing Intrepid OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Intrepid Metals Predictive Forecast Models
Intrepid Metals' time-series forecasting models is one of many Intrepid Metals' otc 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 Intrepid Metals' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Intrepid Metals Corp
Checking the ongoing alerts about Intrepid Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Intrepid Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Intrepid Metals Corp generated a negative expected return over the last 90 days | |
| Intrepid Metals Corp has high historical volatility and very poor performance | |
| Intrepid Metals Corp has some characteristics of a very speculative penny stock |