Minera Alamos Stock Probability of Future Stock Price Finishing Under 0.26
| MAI Stock | CAD 0.29 0.01 3.33% |
Minera |
Minera Alamos Target Price Odds to finish below 0.26
The tendency of Minera 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 drop to C$ 0.26 or more in 90 days |
| 0.29 | 90 days | 0.26 | about 11.64 |
Based on a normal probability distribution, the odds of Minera Alamos to drop to C$ 0.26 or more in 90 days from now is about 11.64 (This Minera Alamos probability density function shows the probability of Minera Stock to fall within a particular range of prices over 90 days) . Probability of Minera Alamos price to stay between C$ 0.26 and its current price of C$0.29 at the end of the 90-day period is about 15.89 .
Assuming the 90 days horizon Minera Alamos has a beta of -0.6. This indicates as returns on the benchmark increase, returns on holding Minera Alamos are expected to decrease at a much lower rate. During a bear market, however, Minera Alamos is likely to outperform the market. Additionally Minera Alamos has an alpha of 0.2821, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Minera Alamos Price Density |
| Price |
Predictive Modules for Minera Alamos
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minera Alamos. 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.Minera Alamos Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Minera Alamos is not an exception. The market had few large corrections towards the Minera Alamos' 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 Minera Alamos, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Minera Alamos within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.02 |
Minera Alamos 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 Minera Alamos for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Minera Alamos can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Minera Alamos has some characteristics of a very speculative penny stock | |
| Minera Alamos had very high historical volatility over the last 90 days | |
| Minera Alamos has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 13.42 M. Net Loss for the year was (2.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Minera Alamos has accumulated about 5.04 M in cash with (4.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Minera Alamos Announces C8.5 Million Bought Deal Private Placement of Common Shares - Yahoo Finance |
Minera Alamos 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 Minera Stock often depends not only on the future outlook of the current and potential Minera Alamos' 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. Minera Alamos' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 462.1 M | |
| Cash And Short Term Investments | 13.8 M |
Minera Alamos Technical Analysis
Minera Alamos' future price can be derived by breaking down and analyzing its technical indicators over time. Minera Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Minera Alamos. In general, you should focus on analyzing Minera Stock price patterns and their correlations with different microeconomic environments and drivers.
Minera Alamos Predictive Forecast Models
Minera Alamos' time-series forecasting models is one of many Minera Alamos' 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 Minera Alamos' 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 Minera Alamos
Checking the ongoing alerts about Minera Alamos for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Minera Alamos help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Minera Alamos has some characteristics of a very speculative penny stock | |
| Minera Alamos had very high historical volatility over the last 90 days | |
| Minera Alamos has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 13.42 M. Net Loss for the year was (2.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Minera Alamos has accumulated about 5.04 M in cash with (4.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Minera Alamos Announces C8.5 Million Bought Deal Private Placement of Common Shares - Yahoo Finance |
Additional Tools for Minera Stock Analysis
When running Minera Alamos' price analysis, check to measure Minera Alamos' 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 Minera Alamos is operating at the current time. Most of Minera Alamos' value examination focuses on studying past and present price action to predict the probability of Minera Alamos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minera Alamos' price. Additionally, you may evaluate how the addition of Minera Alamos to your portfolios can decrease your overall portfolio volatility.