Mountain Boy Minerals Stock Probability of Future Stock Price Finishing Over 0.0256
| MTB Stock | CAD 0.02 0.00 0.00% |
Mountain |
Mountain Boy Target Price Odds to finish over 0.0256
The tendency of Mountain 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 move over C$ 0.03 or more in 90 days |
| 0.02 | 90 days | 0.03 | about 50.81 |
Based on a normal probability distribution, the odds of Mountain Boy to move over C$ 0.03 or more in 90 days from now is about 50.81 (This Mountain Boy Minerals probability density function shows the probability of Mountain Stock to fall within a particular range of prices over 90 days) . Probability of Mountain Boy Minerals price to stay between its current price of C$ 0.02 and C$ 0.03 at the end of the 90-day period is about 36.7 .
Assuming the 90 days horizon Mountain Boy Minerals has a beta of -1.42. This indicates as returns on its benchmark rise, returns on holding Mountain Boy Minerals are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mountain Boy is expected to outperform its benchmark. Moreover Mountain Boy Minerals has an alpha of 1.2144, implying that it can generate a 1.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mountain Boy Price Density |
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Predictive Modules for Mountain Boy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mountain Boy Minerals. 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.Mountain Boy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mountain Boy is not an exception. The market had few large corrections towards the Mountain Boy'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 Mountain Boy Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mountain Boy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.21 | |
β | Beta against Dow Jones | -1.42 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Mountain Boy 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 Mountain Boy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mountain Boy Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mountain Boy is way too risky over 90 days horizon | |
| Mountain Boy has some characteristics of a very speculative penny stock | |
| Mountain Boy appears to be risky and price may revert if volatility continues | |
| Mountain Boy has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mountain Boy Minerals has accumulated about 2.47 M in cash with (702.29 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
Mountain Boy 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 Mountain Stock often depends not only on the future outlook of the current and potential Mountain Boy'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. Mountain Boy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.9 M | |
| Cash And Short Term Investments | 324.9 K |
Mountain Boy Technical Analysis
Mountain Boy's future price can be derived by breaking down and analyzing its technical indicators over time. Mountain Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mountain Boy Minerals. In general, you should focus on analyzing Mountain Stock price patterns and their correlations with different microeconomic environments and drivers.
Mountain Boy Predictive Forecast Models
Mountain Boy's time-series forecasting models is one of many Mountain Boy'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 Mountain Boy'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 Mountain Boy Minerals
Checking the ongoing alerts about Mountain Boy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mountain Boy Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mountain Boy is way too risky over 90 days horizon | |
| Mountain Boy has some characteristics of a very speculative penny stock | |
| Mountain Boy appears to be risky and price may revert if volatility continues | |
| Mountain Boy has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mountain Boy Minerals has accumulated about 2.47 M in cash with (702.29 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Mountain Stock Analysis
When running Mountain Boy's price analysis, check to measure Mountain Boy's 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 Mountain Boy is operating at the current time. Most of Mountain Boy's value examination focuses on studying past and present price action to predict the probability of Mountain Boy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mountain Boy's price. Additionally, you may evaluate how the addition of Mountain Boy to your portfolios can decrease your overall portfolio volatility.