Sumo Resources (France) Probability of Future Stock Price Finishing Under 0.003132
| MLSUM Stock | EUR 0 0.00 0.00% |
Sumo |
Sumo Resources Target Price Odds to finish below 0.003132
The tendency of Sumo 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 € 0 or more in 90 days |
| 0 | 90 days | 0 | about 10.49 |
Based on a normal probability distribution, the odds of Sumo Resources to drop to € 0 or more in 90 days from now is about 10.49 (This Sumo Resources PLC probability density function shows the probability of Sumo Stock to fall within a particular range of prices over 90 days) . Probability of Sumo Resources PLC price to stay between € 0 and its current price of €0.0045 at the end of the 90-day period is about 19.48 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.55 . 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, Sumo Resources will likely underperform. Moreover Sumo Resources PLC has an alpha of 1.88, implying that it can generate a 1.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sumo Resources Price Density |
| Price |
Predictive Modules for Sumo Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sumo Resources PLC. 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.Sumo Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sumo Resources is not an exception. The market had few large corrections towards the Sumo Resources' 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 Sumo Resources PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sumo Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.88 | |
β | Beta against Dow Jones | 2.55 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.09 |
Sumo Resources 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 Sumo Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sumo Resources PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sumo Resources PLC is way too risky over 90 days horizon | |
| Sumo Resources PLC has some characteristics of a very speculative penny stock | |
| Sumo Resources PLC appears to be risky and price may revert if volatility continues | |
| Sumo Resources PLC has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.23, 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 Sumo Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Sumo Resources' 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 Sumo Resources PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sumo to invest in growth at high rates of return. When we think about Sumo Resources' use of debt, we should always consider it together with cash and equity. | |
| Sumo Resources PLC reported the revenue of 140 K. Net Loss for the year was (273.16 K) with profit before overhead, payroll, taxes, and interest of 140 K. | |
| Sumo Resources generates negative cash flow from operations |
Sumo Resources Technical Analysis
Sumo Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Sumo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sumo Resources PLC. In general, you should focus on analyzing Sumo Stock price patterns and their correlations with different microeconomic environments and drivers.
Sumo Resources Predictive Forecast Models
Sumo Resources' time-series forecasting models is one of many Sumo Resources' 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 Sumo Resources' 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 Sumo Resources PLC
Checking the ongoing alerts about Sumo Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sumo Resources PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sumo Resources PLC is way too risky over 90 days horizon | |
| Sumo Resources PLC has some characteristics of a very speculative penny stock | |
| Sumo Resources PLC appears to be risky and price may revert if volatility continues | |
| Sumo Resources PLC has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.23, 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 Sumo Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Sumo Resources' 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 Sumo Resources PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sumo to invest in growth at high rates of return. When we think about Sumo Resources' use of debt, we should always consider it together with cash and equity. | |
| Sumo Resources PLC reported the revenue of 140 K. Net Loss for the year was (273.16 K) with profit before overhead, payroll, taxes, and interest of 140 K. | |
| Sumo Resources generates negative cash flow from operations |
Additional Tools for Sumo Stock Analysis
When running Sumo Resources' price analysis, check to measure Sumo Resources' 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 Sumo Resources is operating at the current time. Most of Sumo Resources' value examination focuses on studying past and present price action to predict the probability of Sumo Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumo Resources' price. Additionally, you may evaluate how the addition of Sumo Resources to your portfolios can decrease your overall portfolio volatility.