Kodiak Copper Corp Stock Probability of Future Stock Price Finishing Under 0.41
| KDK Stock | 0.41 0.02 4.65% |
Kodiak |
Kodiak Copper Target Price Odds to finish below 0.41
The tendency of Kodiak 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 below current price in 90 days |
| 0.41 | 90 days | 0.41 | about 8.24 |
Based on a normal probability distribution, the odds of Kodiak Copper to move below current price in 90 days from now is about 8.24 (This Kodiak Copper Corp probability density function shows the probability of Kodiak Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Kodiak Copper has a beta of 0.23. This indicates as returns on the market go up, Kodiak Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kodiak Copper Corp will be expected to be much smaller as well. Additionally Kodiak Copper 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. Kodiak Copper Price Density |
| Price |
Predictive Modules for Kodiak Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kodiak Copper Corp. 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.Kodiak Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kodiak Copper is not an exception. The market had few large corrections towards the Kodiak Copper'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 Kodiak Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kodiak Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0084 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.03 |
Kodiak Copper 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 Kodiak Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kodiak Copper 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.| Kodiak Copper Corp generated a negative expected return over the last 90 days | |
| Kodiak Copper Corp has some characteristics of a very speculative penny stock | |
| Kodiak Copper Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (1.9 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kodiak Copper generates negative cash flow from operations | |
| Latest headline from news.google.com: Kodiak Drills New Shallow High-Grade Copper Mineralization at 200m Step-Out from Adit Zone - Newsfile |
Kodiak Copper 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 Kodiak Stock often depends not only on the future outlook of the current and potential Kodiak Copper'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. Kodiak Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.9 M |
Kodiak Copper Technical Analysis
Kodiak Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Kodiak Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kodiak Copper Corp. In general, you should focus on analyzing Kodiak Stock price patterns and their correlations with different microeconomic environments and drivers.
Kodiak Copper Predictive Forecast Models
Kodiak Copper's time-series forecasting models is one of many Kodiak Copper'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 Kodiak Copper'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 Kodiak Copper Corp
Checking the ongoing alerts about Kodiak Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kodiak Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kodiak Copper Corp generated a negative expected return over the last 90 days | |
| Kodiak Copper Corp has some characteristics of a very speculative penny stock | |
| Kodiak Copper Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (1.9 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kodiak Copper generates negative cash flow from operations | |
| Latest headline from news.google.com: Kodiak Drills New Shallow High-Grade Copper Mineralization at 200m Step-Out from Adit Zone - Newsfile |
Additional Tools for Kodiak Stock Analysis
When running Kodiak Copper's price analysis, check to measure Kodiak Copper'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 Kodiak Copper is operating at the current time. Most of Kodiak Copper's value examination focuses on studying past and present price action to predict the probability of Kodiak Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kodiak Copper's price. Additionally, you may evaluate how the addition of Kodiak Copper to your portfolios can decrease your overall portfolio volatility.