Iron Road (Australia) Probability of Future Stock Price Finishing Over 0.0598
| IRD Stock | 0.06 0 1.67% |
Iron |
Iron Road Target Price Odds to finish over 0.0598
The tendency of Iron 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 above 0.06 in 90 days |
| 0.06 | 90 days | 0.06 | about 92.92 |
Based on a normal probability distribution, the odds of Iron Road to stay above 0.06 in 90 days from now is about 92.92 (This Iron Road probability density function shows the probability of Iron Stock to fall within a particular range of prices over 90 days) . Probability of Iron Road price to stay between 0.06 and its current price of 0.061 at the end of the 90-day period is about 5.0 .
Assuming the 90 days trading horizon Iron Road has a beta of 0.0422. This usually indicates as returns on the market go up, Iron Road average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iron Road will be expected to be much smaller as well. Additionally Iron Road 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. Iron Road Price Density |
| Price |
Predictive Modules for Iron Road
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iron Road. 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.Iron Road Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iron Road is not an exception. The market had few large corrections towards the Iron Road'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 Iron Road, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iron Road within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.1 |
Iron Road 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 Iron Road for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iron Road can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iron Road generated a negative expected return over the last 90 days | |
| Iron Road has some characteristics of a very speculative penny stock | |
| Iron Road has high historical volatility and very poor performance | |
| The company reported the revenue of 817.38 K. Net Loss for the year was (1.49 M) with profit before overhead, payroll, taxes, and interest of 1 M. | |
| Iron Road has accumulated about 1.74 M in cash with (1.78 M) of positive cash flow from operations. | |
| Roughly 69.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Iron Road Ltd CEO Discusses Future Strategies and Risks - TipRanks |
Iron Road 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 Iron Stock often depends not only on the future outlook of the current and potential Iron Road'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. Iron Road's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 819 M | |
| Cash And Short Term Investments | 235 K |
Iron Road Technical Analysis
Iron Road's future price can be derived by breaking down and analyzing its technical indicators over time. Iron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iron Road. In general, you should focus on analyzing Iron Stock price patterns and their correlations with different microeconomic environments and drivers.
Iron Road Predictive Forecast Models
Iron Road's time-series forecasting models is one of many Iron Road'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 Iron Road'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 Iron Road
Checking the ongoing alerts about Iron Road for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iron Road help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iron Road generated a negative expected return over the last 90 days | |
| Iron Road has some characteristics of a very speculative penny stock | |
| Iron Road has high historical volatility and very poor performance | |
| The company reported the revenue of 817.38 K. Net Loss for the year was (1.49 M) with profit before overhead, payroll, taxes, and interest of 1 M. | |
| Iron Road has accumulated about 1.74 M in cash with (1.78 M) of positive cash flow from operations. | |
| Roughly 69.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Iron Road Ltd CEO Discusses Future Strategies and Risks - TipRanks |
Additional Tools for Iron Stock Analysis
When running Iron Road's price analysis, check to measure Iron Road'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 Iron Road is operating at the current time. Most of Iron Road's value examination focuses on studying past and present price action to predict the probability of Iron Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Road's price. Additionally, you may evaluate how the addition of Iron Road to your portfolios can decrease your overall portfolio volatility.