Comstock Mining Stock Probability of Future Stock Price Finishing Under 0.49
| LODE Stock | USD 0.36 0.02 5.26% |
Comstock |
Comstock Mining Target Price Odds to finish below 0.49
The tendency of Comstock 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 $ 0.49 after 90 days |
| 0.36 | 90 days | 0.49 | about 88.62 |
Based on a normal probability distribution, the odds of Comstock Mining to stay under $ 0.49 after 90 days from now is about 88.62 (This Comstock Mining probability density function shows the probability of Comstock Stock to fall within a particular range of prices over 90 days) . Probability of Comstock Mining price to stay between its current price of $ 0.36 and $ 0.49 at the end of the 90-day period is about 52.83 .
Given the investment horizon of 90 days Comstock Mining has a beta of 0.26. This indicates as returns on the market go up, Comstock Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Comstock Mining will be expected to be much smaller as well. Moreover Comstock Mining has an alpha of 1.0505, implying that it can generate a 1.05 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Comstock Mining Price Density |
| Price |
Predictive Modules for Comstock 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 Comstock 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comstock Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Comstock Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Comstock Mining is not an exception. The market had few large corrections towards the Comstock 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 Comstock Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Comstock Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.05 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.10 |
Comstock 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 Comstock Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Comstock 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.| Comstock Mining is way too risky over 90 days horizon | |
| Comstock Mining has some characteristics of a very speculative penny stock | |
| Comstock Mining appears to be risky and price may revert if volatility continues | |
| Comstock Mining currently holds 10.93 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Comstock Mining has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Comstock Mining's use of debt, we should always consider it together with its cash and equity. | |
| Comstock Mining currently holds about 4.66 M in cash with (13.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Comstock Mining has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Comstock Inc. to Present at Noblecon20 on December 3, 2024 |
Comstock 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 Comstock Stock often depends not only on the future outlook of the current and potential Comstock 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. Comstock Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 105.2 M | |
| Cash And Short Term Investments | 22.7 M |
Comstock Mining Technical Analysis
Comstock Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Comstock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Comstock Mining. In general, you should focus on analyzing Comstock Stock price patterns and their correlations with different microeconomic environments and drivers.
Comstock Mining Predictive Forecast Models
Comstock Mining's time-series forecasting models is one of many Comstock 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 Comstock 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 Comstock Mining
Checking the ongoing alerts about Comstock Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Comstock Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Comstock Mining is way too risky over 90 days horizon | |
| Comstock Mining has some characteristics of a very speculative penny stock | |
| Comstock Mining appears to be risky and price may revert if volatility continues | |
| Comstock Mining currently holds 10.93 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Comstock Mining has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Comstock Mining's use of debt, we should always consider it together with its cash and equity. | |
| Comstock Mining currently holds about 4.66 M in cash with (13.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Comstock Mining has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Comstock Inc. to Present at Noblecon20 on December 3, 2024 |
Check out Comstock Mining Backtesting, Comstock Mining Valuation, Comstock Mining Correlation, Comstock Mining Hype Analysis, Comstock Mining Volatility, Comstock Mining History as well as Comstock Mining Performance. For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 26.933 | Earnings Share (0.12) | Revenue Per Share 0.013 | Quarterly Revenue Growth (0.27) | Return On Assets (0.12) |
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.