BLACK MAMMOTH (Germany) Probability of Future Stock Price Finishing Under 0.58
| LQK2 Stock | EUR 0.55 0.03 5.17% |
BLACK |
BLACK MAMMOTH Target Price Odds to finish below 0.58
The tendency of BLACK 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 € 0.58 after 90 days |
| 0.55 | 90 days | 0.58 | about 49.83 |
Based on a normal probability distribution, the odds of BLACK MAMMOTH to stay under € 0.58 after 90 days from now is about 49.83 (This BLACK MAMMOTH METALS probability density function shows the probability of BLACK Stock to fall within a particular range of prices over 90 days) . Probability of BLACK MAMMOTH METALS price to stay between its current price of € 0.55 and € 0.58 at the end of the 90-day period is about 24.06 .
Assuming the 90 days trading horizon BLACK MAMMOTH METALS has a beta of -1.81. This indicates as returns on its benchmark rise, returns on holding BLACK MAMMOTH METALS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, BLACK MAMMOTH is expected to outperform its benchmark. Additionally BLACK MAMMOTH METALS has an alpha of 0.3589, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BLACK MAMMOTH Price Density |
| Price |
Predictive Modules for BLACK MAMMOTH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BLACK MAMMOTH METALS. 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.BLACK MAMMOTH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BLACK MAMMOTH is not an exception. The market had few large corrections towards the BLACK MAMMOTH'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 BLACK MAMMOTH METALS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BLACK MAMMOTH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -1.81 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0 |
BLACK MAMMOTH 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 BLACK MAMMOTH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BLACK MAMMOTH METALS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BLACK MAMMOTH METALS had very high historical volatility over the last 90 days | |
| BLACK MAMMOTH METALS has some characteristics of a very speculative penny stock | |
| BLACK MAMMOTH METALS has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.56, 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 BLACK MAMMOTH until it has trouble settling it off, either with new capital or with free cash flow. So, BLACK MAMMOTH's 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 BLACK MAMMOTH METALS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BLACK to invest in growth at high rates of return. When we think about BLACK MAMMOTH's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (158.94 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| BLACK MAMMOTH METALS has accumulated about 223.25 K in cash with (277.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
BLACK MAMMOTH Technical Analysis
BLACK MAMMOTH's future price can be derived by breaking down and analyzing its technical indicators over time. BLACK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BLACK MAMMOTH METALS. In general, you should focus on analyzing BLACK Stock price patterns and their correlations with different microeconomic environments and drivers.
BLACK MAMMOTH Predictive Forecast Models
BLACK MAMMOTH's time-series forecasting models is one of many BLACK MAMMOTH'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 BLACK MAMMOTH'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 BLACK MAMMOTH METALS
Checking the ongoing alerts about BLACK MAMMOTH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BLACK MAMMOTH METALS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BLACK MAMMOTH METALS had very high historical volatility over the last 90 days | |
| BLACK MAMMOTH METALS has some characteristics of a very speculative penny stock | |
| BLACK MAMMOTH METALS has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.56, 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 BLACK MAMMOTH until it has trouble settling it off, either with new capital or with free cash flow. So, BLACK MAMMOTH's 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 BLACK MAMMOTH METALS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BLACK to invest in growth at high rates of return. When we think about BLACK MAMMOTH's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (158.94 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| BLACK MAMMOTH METALS has accumulated about 223.25 K in cash with (277.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in BLACK Stock
BLACK MAMMOTH financial ratios help investors to determine whether BLACK Stock 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 BLACK with respect to the benefits of owning BLACK MAMMOTH security.