Kootenay Silver Stock Probability of Future Stock Price Finishing Over 5.80
| KTN Stock | CAD 1.07 0.01 0.93% |
Kootenay |
Kootenay Silver Target Price Odds to finish over 5.80
The tendency of Kootenay 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 C$ 5.80 or more in 90 days |
| 1.07 | 90 days | 5.80 | close to zero percent |
Based on a normal probability distribution, the odds of Kootenay Silver to move over C$ 5.80 or more in 90 days from now is close to zero percent (This Kootenay Silver probability density function shows the probability of Kootenay Stock to fall within a particular range of prices over 90 days) . Probability of Kootenay Silver price to stay between its current price of C$ 1.07 and C$ 5.80 at the end of the 90-day period is about 77.91 .
Assuming the 90 days horizon Kootenay Silver has a beta of -0.19. This indicates as returns on the benchmark increase, returns on holding Kootenay Silver are expected to decrease at a much lower rate. During a bear market, however, Kootenay Silver is likely to outperform the market. Additionally Kootenay Silver has an alpha of 0.0709, implying that it can generate a 0.0709 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kootenay Silver Price Density |
| Price |
Predictive Modules for Kootenay Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kootenay Silver. 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.Kootenay Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kootenay Silver is not an exception. The market had few large corrections towards the Kootenay Silver'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 Kootenay Silver, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kootenay Silver within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.02 |
Kootenay Silver 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 Kootenay Silver for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kootenay Silver can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kootenay Silver has some characteristics of a very speculative penny stock | |
| Kootenay Silver had very high historical volatility over the last 90 days | |
| Net Loss for the year was (4.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kootenay Silver has accumulated about 2.28 M in cash with (3.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: OCGSF 14-Day RSI 42.38 - GuruFocus.com |
Kootenay Silver 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 Kootenay Stock often depends not only on the future outlook of the current and potential Kootenay Silver'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. Kootenay Silver's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.1 M | |
| Cash And Short Term Investments | 1.7 M |
Kootenay Silver Technical Analysis
Kootenay Silver's future price can be derived by breaking down and analyzing its technical indicators over time. Kootenay Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kootenay Silver. In general, you should focus on analyzing Kootenay Stock price patterns and their correlations with different microeconomic environments and drivers.
Kootenay Silver Predictive Forecast Models
Kootenay Silver's time-series forecasting models is one of many Kootenay Silver'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 Kootenay Silver'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 Kootenay Silver
Checking the ongoing alerts about Kootenay Silver for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kootenay Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kootenay Silver has some characteristics of a very speculative penny stock | |
| Kootenay Silver had very high historical volatility over the last 90 days | |
| Net Loss for the year was (4.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Kootenay Silver has accumulated about 2.28 M in cash with (3.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: OCGSF 14-Day RSI 42.38 - GuruFocus.com |
Additional Tools for Kootenay Stock Analysis
When running Kootenay Silver's price analysis, check to measure Kootenay Silver'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 Kootenay Silver is operating at the current time. Most of Kootenay Silver's value examination focuses on studying past and present price action to predict the probability of Kootenay Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kootenay Silver's price. Additionally, you may evaluate how the addition of Kootenay Silver to your portfolios can decrease your overall portfolio volatility.