Kermode Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.0037
| KMDRF Stock | USD 0 0 26.00% |
Kermode |
Kermode Resources Target Price Odds to finish over 0.0037
The tendency of Kermode Pink Sheet 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 above the current price in 90 days |
| 0 | 90 days | 0 | about 65.32 |
Based on a normal probability distribution, the odds of Kermode Resources to move above the current price in 90 days from now is about 65.32 (This Kermode Resources probability density function shows the probability of Kermode Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Kermode Resources has a beta of -1.49. This indicates as returns on its benchmark rise, returns on holding Kermode Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kermode Resources is expected to outperform its benchmark. Additionally Kermode 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. Kermode Resources Price Density |
| Price |
Predictive Modules for Kermode 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 Kermode Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Kermode Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kermode Resources is not an exception. The market had few large corrections towards the Kermode 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 Kermode Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kermode Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.92 | |
β | Beta against Dow Jones | -1.49 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.11 |
Kermode 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 Kermode Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kermode 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.| Kermode Resources had very high historical volatility over the last 90 days | |
| Kermode Resources has some characteristics of a very speculative penny stock | |
| Kermode Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kermode Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Kermode Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kermode Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kermode to invest in growth at high rates of return. When we think about Kermode Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (170.17 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kermode Resources has accumulated about 135.26 K in cash with (25.8 K) of positive cash flow from operations. |
Kermode 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 Kermode Pink Sheet often depends not only on the future outlook of the current and potential Kermode 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. Kermode Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.5 M |
Kermode Resources Technical Analysis
Kermode Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Kermode Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kermode Resources. In general, you should focus on analyzing Kermode Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Kermode Resources Predictive Forecast Models
Kermode Resources' time-series forecasting models is one of many Kermode Resources' pink sheet 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 Kermode 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Kermode Resources
Checking the ongoing alerts about Kermode Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kermode Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kermode Resources had very high historical volatility over the last 90 days | |
| Kermode Resources has some characteristics of a very speculative penny stock | |
| Kermode Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kermode Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Kermode Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kermode Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kermode to invest in growth at high rates of return. When we think about Kermode Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (170.17 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kermode Resources has accumulated about 135.26 K in cash with (25.8 K) of positive cash flow from operations. |
Other Information on Investing in Kermode Pink Sheet
Kermode Resources financial ratios help investors to determine whether Kermode Pink Sheet 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 Kermode with respect to the benefits of owning Kermode Resources security.