Irving Resources Stock Probability of Future OTC Stock Price Finishing Under 0.21
| IRVRF Stock | USD 0.20 0.01 5.26% |
Irving |
Irving Resources Target Price Odds to finish below 0.21
The tendency of Irving 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 $ 0.21 after 90 days |
| 0.20 | 90 days | 0.21 | about 12.81 |
Based on a normal probability distribution, the odds of Irving Resources to stay under $ 0.21 after 90 days from now is about 12.81 (This Irving Resources probability density function shows the probability of Irving OTC Stock to fall within a particular range of prices over 90 days) . Probability of Irving Resources price to stay between its current price of $ 0.20 and $ 0.21 at the end of the 90-day period is about 6.32 .
Assuming the 90 days horizon Irving Resources has a beta of 0.0495. This usually indicates as returns on the market go up, Irving Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Irving Resources will be expected to be much smaller as well. Additionally Irving Resources 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. Irving Resources Price Density |
| Price |
Predictive Modules for Irving Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Irving Resources. 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.Irving Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Irving Resources is not an exception. The market had few large corrections towards the Irving Resources' 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 Irving Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Irving Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.08 |
Irving Resources 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 Irving Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Irving Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Irving Resources generated a negative expected return over the last 90 days | |
| Irving Resources has high historical volatility and very poor performance | |
| Irving Resources has some characteristics of a very speculative penny stock | |
| Irving Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.82 M) with loss before overhead, payroll, taxes, and interest of (36.19 K). | |
| Irving Resources has accumulated about 7.64 M in cash with (1.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 51.0% of the company shares are held by company insiders |
Irving Resources 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 Irving OTC Stock often depends not only on the future outlook of the current and potential Irving Resources' 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. Irving Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62 M |
Irving Resources Technical Analysis
Irving Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Irving OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Irving Resources. In general, you should focus on analyzing Irving OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Irving Resources Predictive Forecast Models
Irving Resources' time-series forecasting models is one of many Irving Resources' 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 Irving Resources' 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 Irving Resources
Checking the ongoing alerts about Irving Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Irving Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Irving Resources generated a negative expected return over the last 90 days | |
| Irving Resources has high historical volatility and very poor performance | |
| Irving Resources has some characteristics of a very speculative penny stock | |
| Irving Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.82 M) with loss before overhead, payroll, taxes, and interest of (36.19 K). | |
| Irving Resources has accumulated about 7.64 M in cash with (1.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 51.0% of the company shares are held by company insiders |
Other Information on Investing in Irving OTC Stock
Irving Resources financial ratios help investors to determine whether Irving OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Irving with respect to the benefits of owning Irving Resources security.