Kingsrose Mining (Australia) Probability of Future Stock Price Finishing Over 0.0376
| KRM Stock | 0.03 0 2.94% |
Kingsrose |
Kingsrose Mining Target Price Odds to finish over 0.0376
The tendency of Kingsrose 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 over 0.04 or more in 90 days |
| 0.03 | 90 days | 0.04 | about 42.64 |
Based on a normal probability distribution, the odds of Kingsrose Mining to move over 0.04 or more in 90 days from now is about 42.64 (This Kingsrose Mining probability density function shows the probability of Kingsrose Stock to fall within a particular range of prices over 90 days) . Probability of Kingsrose Mining price to stay between its current price of 0.03 and 0.04 at the end of the 90-day period is about 54.77 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.31 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kingsrose Mining will likely underperform. Additionally Kingsrose Mining 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. Kingsrose Mining Price Density |
| Price |
Predictive Modules for Kingsrose Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingsrose Mining. 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.Kingsrose Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kingsrose Mining is not an exception. The market had few large corrections towards the Kingsrose Mining'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 Kingsrose Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kingsrose Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 1.31 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.05 |
Kingsrose Mining 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 Kingsrose Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kingsrose Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kingsrose Mining generated a negative expected return over the last 90 days | |
| Kingsrose Mining has some characteristics of a very speculative penny stock | |
| Kingsrose Mining has high historical volatility and very poor performance | |
| Kingsrose Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.95 M) with profit before overhead, payroll, taxes, and interest of 6.15 M. | |
| Kingsrose Mining has accumulated about 8.39 M in cash with (761.58 K) of positive cash flow from operations. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Kingsrose Mining Partners with BHP for Strategic Growth - TipRanks |
Kingsrose Mining 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 Kingsrose Stock often depends not only on the future outlook of the current and potential Kingsrose Mining'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. Kingsrose Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 752.5 M | |
| Cash And Short Term Investments | 28.9 M |
Kingsrose Mining Technical Analysis
Kingsrose Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Kingsrose Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kingsrose Mining. In general, you should focus on analyzing Kingsrose Stock price patterns and their correlations with different microeconomic environments and drivers.
Kingsrose Mining Predictive Forecast Models
Kingsrose Mining's time-series forecasting models is one of many Kingsrose Mining'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 Kingsrose Mining'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 Kingsrose Mining
Checking the ongoing alerts about Kingsrose Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kingsrose Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kingsrose Mining generated a negative expected return over the last 90 days | |
| Kingsrose Mining has some characteristics of a very speculative penny stock | |
| Kingsrose Mining has high historical volatility and very poor performance | |
| Kingsrose Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.95 M) with profit before overhead, payroll, taxes, and interest of 6.15 M. | |
| Kingsrose Mining has accumulated about 8.39 M in cash with (761.58 K) of positive cash flow from operations. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Kingsrose Mining Partners with BHP for Strategic Growth - TipRanks |
Additional Tools for Kingsrose Stock Analysis
When running Kingsrose Mining's price analysis, check to measure Kingsrose Mining'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 Kingsrose Mining is operating at the current time. Most of Kingsrose Mining's value examination focuses on studying past and present price action to predict the probability of Kingsrose Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsrose Mining's price. Additionally, you may evaluate how the addition of Kingsrose Mining to your portfolios can decrease your overall portfolio volatility.