Norden Crown Metals Stock Probability of Future Pink Sheet Price Finishing Over 8.42
| NOCRF Stock | USD 0.06 0 1.67% |
Norden |
Norden Crown Target Price Odds to finish over 8.42
The tendency of Norden 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 move over $ 8.42 or more in 90 days |
| 0.06 | 90 days | 8.42 | close to zero percent |
Based on a normal probability distribution, the odds of Norden Crown to move over $ 8.42 or more in 90 days from now is close to zero percent (This Norden Crown Metals probability density function shows the probability of Norden Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Norden Crown Metals price to stay between its current price of $ 0.06 and $ 8.42 at the end of the 90-day period is about 7.98 .
Assuming the 90 days horizon Norden Crown Metals has a beta of -0.26. This indicates as returns on the benchmark increase, returns on holding Norden Crown are expected to decrease at a much lower rate. During a bear market, however, Norden Crown Metals is likely to outperform the market. Additionally Norden Crown Metals has an alpha of 0.2906, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Norden Crown Price Density |
| Price |
Predictive Modules for Norden Crown
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Norden Crown Metals. 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.Norden Crown Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Norden Crown is not an exception. The market had few large corrections towards the Norden Crown'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 Norden Crown Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Norden Crown within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Norden Crown 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 Norden Crown for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Norden Crown Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Norden Crown Metals had very high historical volatility over the last 90 days | |
| Norden Crown Metals has some characteristics of a very speculative penny stock | |
| Norden Crown Metals has high likelihood to experience some financial distress in the next 2 years | |
| Norden Crown Metals has accumulated 504.11 K in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Norden Crown Metals has a current ratio of 0.87, 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 Norden Crown until it has trouble settling it off, either with new capital or with free cash flow. So, Norden Crown'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 Norden Crown Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norden to invest in growth at high rates of return. When we think about Norden Crown's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.51 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Norden Crown Metals has accumulated about 125.24 K in cash with (1.25 M) of positive cash flow from operations. | |
| Roughly 15.0% of Norden Crown outstanding shares are owned by corporate insiders |
Norden Crown 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 Norden Pink Sheet often depends not only on the future outlook of the current and potential Norden Crown'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. Norden Crown's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53 M |
Norden Crown Technical Analysis
Norden Crown's future price can be derived by breaking down and analyzing its technical indicators over time. Norden Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Norden Crown Metals. In general, you should focus on analyzing Norden Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Norden Crown Predictive Forecast Models
Norden Crown's time-series forecasting models is one of many Norden Crown'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 Norden Crown'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 Norden Crown Metals
Checking the ongoing alerts about Norden Crown for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Norden Crown Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Norden Crown Metals had very high historical volatility over the last 90 days | |
| Norden Crown Metals has some characteristics of a very speculative penny stock | |
| Norden Crown Metals has high likelihood to experience some financial distress in the next 2 years | |
| Norden Crown Metals has accumulated 504.11 K in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Norden Crown Metals has a current ratio of 0.87, 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 Norden Crown until it has trouble settling it off, either with new capital or with free cash flow. So, Norden Crown'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 Norden Crown Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norden to invest in growth at high rates of return. When we think about Norden Crown's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.51 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Norden Crown Metals has accumulated about 125.24 K in cash with (1.25 M) of positive cash flow from operations. | |
| Roughly 15.0% of Norden Crown outstanding shares are owned by corporate insiders |
Other Information on Investing in Norden Pink Sheet
Norden Crown financial ratios help investors to determine whether Norden 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 Norden with respect to the benefits of owning Norden Crown security.