American Cumo Mining Stock Probability of Future Pink Sheet Price Finishing Under 1.97E-4
| MLYCF Stock | USD 0.01 0.01 60.00% |
American |
American CuMo Target Price Odds to finish below 1.97E-4
The tendency of American Pink Sheet 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 $ 0.0002 or more in 90 days |
| 0.01 | 90 days | 0.0002 | near 1 |
Based on a normal probability distribution, the odds of American CuMo to drop to $ 0.0002 or more in 90 days from now is near 1 (This American CuMo Mining probability density function shows the probability of American Pink Sheet to fall within a particular range of prices over 90 days) . Probability of American CuMo Mining price to stay between $ 0.0002 and its current price of $0.01 at the end of the 90-day period is about 5.7 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.55 . 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, American CuMo will likely underperform. Additionally American CuMo Mining has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. American CuMo Price Density |
| Price |
Predictive Modules for American CuMo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American CuMo Mining. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 American CuMo'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.
American CuMo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. American CuMo is not an exception. The market had few large corrections towards the American CuMo'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 American CuMo Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of American CuMo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | 1.55 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
American CuMo 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 American CuMo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for American CuMo 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.| American CuMo Mining generated a negative expected return over the last 90 days | |
| American CuMo Mining has high historical volatility and very poor performance | |
| American CuMo Mining has some characteristics of a very speculative penny stock | |
| American CuMo Mining has high likelihood to experience some financial distress in the next 2 years | |
| American CuMo Mining has accumulated 6.16 M in total debt with debt to equity ratio (D/E) of 0.79, which is about average as compared to similar companies. American CuMo Mining has a current ratio of 0.09, 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 American CuMo until it has trouble settling it off, either with new capital or with free cash flow. So, American CuMo'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 American CuMo Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American CuMo's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| American CuMo Mining has accumulated about 563.32 K in cash with (1.56 M) of positive cash flow from operations. |
American CuMo 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 American Pink Sheet often depends not only on the future outlook of the current and potential American CuMo'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. American CuMo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 251.3 M |
American CuMo Technical Analysis
American CuMo's future price can be derived by breaking down and analyzing its technical indicators over time. American Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of American CuMo Mining. In general, you should focus on analyzing American Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
American CuMo Predictive Forecast Models
American CuMo's time-series forecasting models is one of many American CuMo's pink sheet 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 American CuMo'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 pink sheet market movement and maximize returns from investment trading.
Things to note about American CuMo Mining
Checking the ongoing alerts about American CuMo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for American CuMo Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| American CuMo Mining generated a negative expected return over the last 90 days | |
| American CuMo Mining has high historical volatility and very poor performance | |
| American CuMo Mining has some characteristics of a very speculative penny stock | |
| American CuMo Mining has high likelihood to experience some financial distress in the next 2 years | |
| American CuMo Mining has accumulated 6.16 M in total debt with debt to equity ratio (D/E) of 0.79, which is about average as compared to similar companies. American CuMo Mining has a current ratio of 0.09, 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 American CuMo until it has trouble settling it off, either with new capital or with free cash flow. So, American CuMo'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 American CuMo Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American CuMo's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| American CuMo Mining has accumulated about 563.32 K in cash with (1.56 M) of positive cash flow from operations. |
Other Information on Investing in American Pink Sheet
American CuMo financial ratios help investors to determine whether American Pink Sheet 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 American with respect to the benefits of owning American CuMo security.