Northwest Copper Corp Stock Probability of Future Stock Price Finishing Over 0.14
| NWST Stock | CAD 0.14 0.01 6.67% |
Northwest |
Northwest Copper Target Price Odds to finish over 0.14
The tendency of Northwest 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 |
| 0.14 | 90 days | 0.14 | about 88.59 |
Based on a normal probability distribution, the odds of Northwest Copper to move above the current price in 90 days from now is about 88.59 (This Northwest Copper Corp probability density function shows the probability of Northwest Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Northwest Copper Corp has a beta of -0.54. This indicates as returns on the benchmark increase, returns on holding Northwest Copper are expected to decrease at a much lower rate. During a bear market, however, Northwest Copper Corp is likely to outperform the market. Additionally Northwest Copper Corp 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. Northwest Copper Price Density |
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Predictive Modules for Northwest Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northwest Copper Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northwest Copper'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.
Northwest Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northwest Copper is not an exception. The market had few large corrections towards the Northwest Copper'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 Northwest Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northwest Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.59 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.14 |
Northwest Copper 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 Northwest Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northwest Copper Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northwest Copper generated a negative expected return over the last 90 days | |
| Northwest Copper has high historical volatility and very poor performance | |
| Northwest Copper has some characteristics of a very speculative penny stock | |
| Northwest Copper Corp has accumulated 1.56 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Northwest Copper Corp has a current ratio of 0.49, 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 Northwest Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Northwest Copper'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 Northwest Copper Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northwest to invest in growth at high rates of return. When we think about Northwest Copper's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (7.38 M) with loss before overhead, payroll, taxes, and interest of (61.28 K). | |
| Northwest Copper Corp has accumulated about 511.85 K in cash with (5.66 M) of positive cash flow from operations. | |
| Roughly 14.0% of Northwest Copper outstanding shares are owned by corporate insiders |
Northwest Copper 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 Northwest Stock often depends not only on the future outlook of the current and potential Northwest Copper'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. Northwest Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 207.2 M |
Northwest Copper Technical Analysis
Northwest Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Northwest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northwest Copper Corp. In general, you should focus on analyzing Northwest Stock price patterns and their correlations with different microeconomic environments and drivers.
Northwest Copper Predictive Forecast Models
Northwest Copper's time-series forecasting models is one of many Northwest Copper'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 Northwest Copper'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 Northwest Copper Corp
Checking the ongoing alerts about Northwest Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northwest Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northwest Copper generated a negative expected return over the last 90 days | |
| Northwest Copper has high historical volatility and very poor performance | |
| Northwest Copper has some characteristics of a very speculative penny stock | |
| Northwest Copper Corp has accumulated 1.56 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Northwest Copper Corp has a current ratio of 0.49, 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 Northwest Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Northwest Copper'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 Northwest Copper Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northwest to invest in growth at high rates of return. When we think about Northwest Copper's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (7.38 M) with loss before overhead, payroll, taxes, and interest of (61.28 K). | |
| Northwest Copper Corp has accumulated about 511.85 K in cash with (5.66 M) of positive cash flow from operations. | |
| Roughly 14.0% of Northwest Copper outstanding shares are owned by corporate insiders |
Additional Tools for Northwest Stock Analysis
When running Northwest Copper's price analysis, check to measure Northwest Copper'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 Northwest Copper is operating at the current time. Most of Northwest Copper's value examination focuses on studying past and present price action to predict the probability of Northwest Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Copper's price. Additionally, you may evaluate how the addition of Northwest Copper to your portfolios can decrease your overall portfolio volatility.