Chakana Copper Corp Stock Probability of Future Stock Price Finishing Under 0.0223
| PERU Stock | CAD 0.03 0.01 20.00% |
Chakana |
Chakana Copper Target Price Odds to finish below 0.0223
The tendency of Chakana 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 drop to C$ 0.02 or more in 90 days |
| 0.03 | 90 days | 0.02 | about 14.84 |
Based on a normal probability distribution, the odds of Chakana Copper to drop to C$ 0.02 or more in 90 days from now is about 14.84 (This Chakana Copper Corp probability density function shows the probability of Chakana Stock to fall within a particular range of prices over 90 days) . Probability of Chakana Copper Corp price to stay between C$ 0.02 and its current price of C$0.03 at the end of the 90-day period is about 42.72 .
Assuming the 90 days trading horizon Chakana Copper has a beta of 0.69 indicating as returns on the market go up, Chakana Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chakana Copper Corp will be expected to be much smaller as well. Additionally Chakana Copper Corp has an alpha of 0.1417, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chakana Copper Price Density |
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Predictive Modules for Chakana 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 Chakana 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 Chakana 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.
Chakana Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chakana Copper is not an exception. The market had few large corrections towards the Chakana 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 Chakana Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chakana Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Chakana 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 Chakana Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chakana 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.| Chakana Copper Corp had very high historical volatility over the last 90 days | |
| Chakana Copper Corp has some characteristics of a very speculative penny stock | |
| Chakana Copper Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Chakana Copper Corp has accumulated about 9.19 M in cash with (1.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
Chakana 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 Chakana Stock often depends not only on the future outlook of the current and potential Chakana 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. Chakana Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 257.5 M |
Chakana Copper Technical Analysis
Chakana Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Chakana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chakana Copper Corp. In general, you should focus on analyzing Chakana Stock price patterns and their correlations with different microeconomic environments and drivers.
Chakana Copper Predictive Forecast Models
Chakana Copper's time-series forecasting models is one of many Chakana 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 Chakana 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 Chakana Copper Corp
Checking the ongoing alerts about Chakana Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chakana Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chakana Copper Corp had very high historical volatility over the last 90 days | |
| Chakana Copper Corp has some characteristics of a very speculative penny stock | |
| Chakana Copper Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Chakana Copper Corp has accumulated about 9.19 M in cash with (1.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Chakana Stock Analysis
When running Chakana Copper's price analysis, check to measure Chakana 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 Chakana Copper is operating at the current time. Most of Chakana Copper's value examination focuses on studying past and present price action to predict the probability of Chakana 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 Chakana Copper's price. Additionally, you may evaluate how the addition of Chakana Copper to your portfolios can decrease your overall portfolio volatility.