Northcliff Resources Stock Probability of Future Stock Price Finishing Over 0.04
| NCF Stock | CAD 0.04 0.01 14.29% |
Northcliff |
Northcliff Resources Target Price Odds to finish over 0.04
The tendency of Northcliff 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 above the current price in 90 days |
| 0.04 | 90 days | 0.04 | about 1.27 |
Based on a normal probability distribution, the odds of Northcliff Resources to move above the current price in 90 days from now is about 1.27 (This Northcliff Resources probability density function shows the probability of Northcliff Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Northcliff Resources has a beta of 0.72. This indicates as returns on the market go up, Northcliff Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northcliff Resources will be expected to be much smaller as well. In addition to that Northcliff Resources has an alpha of 2.0661, implying that it can generate a 2.07 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Northcliff Resources Price Density |
| Price |
Predictive Modules for Northcliff 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 Northcliff Resources. 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.Northcliff Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northcliff Resources is not an exception. The market had few large corrections towards the Northcliff 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 Northcliff Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northcliff Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.07 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.13 |
Northcliff 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 Northcliff Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northcliff Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northcliff Resources is way too risky over 90 days horizon | |
| Northcliff Resources has some characteristics of a very speculative penny stock | |
| Northcliff Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.78 M) with loss before overhead, payroll, taxes, and interest of (381.34 K). | |
| Northcliff Resources has accumulated about 1.33 M in cash with (3.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 79.0% of the company outstanding shares are owned by corporate insiders |
Northcliff Resources 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 Northcliff Stock often depends not only on the future outlook of the current and potential Northcliff Resources' 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. Northcliff Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 255.8 M | |
| Cash And Short Term Investments | 1.3 M |
Northcliff Resources Technical Analysis
Northcliff Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Northcliff Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northcliff Resources. In general, you should focus on analyzing Northcliff Stock price patterns and their correlations with different microeconomic environments and drivers.
Northcliff Resources Predictive Forecast Models
Northcliff Resources' time-series forecasting models is one of many Northcliff 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 Northcliff 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 Northcliff Resources
Checking the ongoing alerts about Northcliff Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northcliff Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northcliff Resources is way too risky over 90 days horizon | |
| Northcliff Resources has some characteristics of a very speculative penny stock | |
| Northcliff Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.78 M) with loss before overhead, payroll, taxes, and interest of (381.34 K). | |
| Northcliff Resources has accumulated about 1.33 M in cash with (3.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 79.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Northcliff Stock
Northcliff Resources financial ratios help investors to determine whether Northcliff 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 Northcliff with respect to the benefits of owning Northcliff Resources security.