Omineca Mining And Stock Probability of Future Pink Sheet Price Finishing Over 0.0449
| OMMSF Stock | USD 0.05 0 3.43% |
Omineca |
Omineca Mining Target Price Odds to finish over 0.0449
The tendency of Omineca 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 stay above $ 0.04 in 90 days |
| 0.05 | 90 days | 0.04 | about 76.81 |
Based on a normal probability distribution, the odds of Omineca Mining to stay above $ 0.04 in 90 days from now is about 76.81 (This Omineca Mining and probability density function shows the probability of Omineca Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Omineca Mining price to stay between $ 0.04 and its current price of $0.0452 at the end of the 90-day period is about 1.85 .
Assuming the 90 days horizon Omineca Mining and has a beta of -1.55. This indicates as returns on its benchmark rise, returns on holding Omineca Mining and are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Omineca Mining is expected to outperform its benchmark. Additionally Omineca Mining and has an alpha of 0.443, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Omineca Mining Price Density |
| Price |
Predictive Modules for Omineca Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Omineca Mining. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Omineca Mining'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.
Omineca Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Omineca Mining is not an exception. The market had few large corrections towards the Omineca Mining'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 Omineca Mining and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Omineca Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -1.55 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Omineca Mining 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 Omineca Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Omineca Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Omineca Mining had very high historical volatility over the last 90 days | |
| Omineca Mining has some characteristics of a very speculative penny stock | |
| Omineca Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.37 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Omineca Mining and has accumulated about 492.2 K in cash with (868.9 K) of positive cash flow from operations. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
Omineca Mining 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 Omineca Pink Sheet often depends not only on the future outlook of the current and potential Omineca Mining'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. Omineca Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 136.4 M |
Omineca Mining Technical Analysis
Omineca Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Omineca Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Omineca Mining and. In general, you should focus on analyzing Omineca Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Omineca Mining Predictive Forecast Models
Omineca Mining's time-series forecasting models is one of many Omineca Mining'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 Omineca Mining'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 Omineca Mining
Checking the ongoing alerts about Omineca Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Omineca Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Omineca Mining had very high historical volatility over the last 90 days | |
| Omineca Mining has some characteristics of a very speculative penny stock | |
| Omineca Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.37 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Omineca Mining and has accumulated about 492.2 K in cash with (868.9 K) of positive cash flow from operations. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Omineca Pink Sheet
Omineca Mining financial ratios help investors to determine whether Omineca 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 Omineca with respect to the benefits of owning Omineca Mining security.