Nickel Creek Platinum Stock Probability of Future Stock Price Finishing Under 2.0
| NCP Stock | CAD 0.84 0.00 0.00% |
Nickel |
Nickel Creek Target Price Odds to finish below 2.0
The tendency of Nickel 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 stay under C$ 2.00 after 90 days |
| 0.84 | 90 days | 2.00 | close to 99 |
Based on a normal probability distribution, the odds of Nickel Creek to stay under C$ 2.00 after 90 days from now is close to 99 (This Nickel Creek Platinum probability density function shows the probability of Nickel Stock to fall within a particular range of prices over 90 days) . Probability of Nickel Creek Platinum price to stay between its current price of C$ 0.84 and C$ 2.00 at the end of the 90-day period is about 63.79 .
Assuming the 90 days trading horizon Nickel Creek Platinum has a beta of -0.23. This indicates as returns on the benchmark increase, returns on holding Nickel Creek are expected to decrease at a much lower rate. During a bear market, however, Nickel Creek Platinum is likely to outperform the market. Additionally Nickel Creek Platinum 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. Nickel Creek Price Density |
| Price |
Predictive Modules for Nickel Creek
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nickel Creek Platinum. 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.Nickel Creek Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nickel Creek is not an exception. The market had few large corrections towards the Nickel Creek'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 Nickel Creek Platinum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nickel Creek within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.92 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.19 |
Nickel Creek 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 Nickel Creek for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nickel Creek Platinum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nickel Creek generated a negative expected return over the last 90 days | |
| Nickel Creek has some characteristics of a very speculative penny stock | |
| Nickel Creek has high historical volatility and very poor performance | |
| Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nickel Creek Platinum has accumulated about 1.82 M in cash with (1.44 M) of positive cash flow from operations. |
Nickel Creek 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 Nickel Stock often depends not only on the future outlook of the current and potential Nickel Creek'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. Nickel Creek's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 454.9 M | |
| Cash And Short Term Investments | 468.1 K | |
| Shares Float | 3 M |
Nickel Creek Technical Analysis
Nickel Creek's future price can be derived by breaking down and analyzing its technical indicators over time. Nickel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nickel Creek Platinum. In general, you should focus on analyzing Nickel Stock price patterns and their correlations with different microeconomic environments and drivers.
Nickel Creek Predictive Forecast Models
Nickel Creek's time-series forecasting models is one of many Nickel Creek'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 Nickel Creek'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 Nickel Creek Platinum
Checking the ongoing alerts about Nickel Creek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nickel Creek Platinum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nickel Creek generated a negative expected return over the last 90 days | |
| Nickel Creek has some characteristics of a very speculative penny stock | |
| Nickel Creek has high historical volatility and very poor performance | |
| Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nickel Creek Platinum has accumulated about 1.82 M in cash with (1.44 M) of positive cash flow from operations. |
Other Information on Investing in Nickel Stock
Nickel Creek financial ratios help investors to determine whether Nickel 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 Nickel with respect to the benefits of owning Nickel Creek security.