Pacific Ridge Exploration Stock Probability of Future Stock Price Finishing Over 0.0356
| PEX Stock | CAD 0.03 0.01 20.00% |
Pacific |
Pacific Ridge Target Price Odds to finish over 0.0356
The tendency of Pacific 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 over C$ 0.04 or more in 90 days |
| 0.03 | 90 days | 0.04 | about 54.32 |
Based on a normal probability distribution, the odds of Pacific Ridge to move over C$ 0.04 or more in 90 days from now is about 54.32 (This Pacific Ridge Exploration probability density function shows the probability of Pacific Stock to fall within a particular range of prices over 90 days) . Probability of Pacific Ridge Exploration price to stay between its current price of C$ 0.03 and C$ 0.04 at the end of the 90-day period is about 26.42 .
Assuming the 90 days horizon Pacific Ridge Exploration has a beta of -0.29 indicating as returns on the benchmark increase, returns on holding Pacific Ridge are expected to decrease at a much lower rate. During a bear market, however, Pacific Ridge Exploration is likely to outperform the market. Additionally Pacific Ridge Exploration has an alpha of 0.1784, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pacific Ridge Price Density |
| Price |
Predictive Modules for Pacific Ridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacific Ridge Exploration. 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.Pacific Ridge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pacific Ridge is not an exception. The market had few large corrections towards the Pacific Ridge'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 Pacific Ridge Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pacific Ridge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.001 |
Pacific Ridge 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 Pacific Ridge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pacific Ridge Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pacific Ridge had very high historical volatility over the last 90 days | |
| Pacific Ridge has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (7.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pacific Ridge Exploration has accumulated about 1.11 M in cash with (8.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: ZTEM Survey Results Provide Vector to Porphyry Centre and New Targets at Pacific Ridges Kliyul Copper-Gold Project - Newsfile |
Pacific Ridge 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 Pacific Stock often depends not only on the future outlook of the current and potential Pacific Ridge'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. Pacific Ridge's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.9 M | |
| Cash And Short Term Investments | 541.8 K |
Pacific Ridge Technical Analysis
Pacific Ridge's future price can be derived by breaking down and analyzing its technical indicators over time. Pacific Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pacific Ridge Exploration. In general, you should focus on analyzing Pacific Stock price patterns and their correlations with different microeconomic environments and drivers.
Pacific Ridge Predictive Forecast Models
Pacific Ridge's time-series forecasting models is one of many Pacific Ridge'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 Pacific Ridge'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 Pacific Ridge Exploration
Checking the ongoing alerts about Pacific Ridge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pacific Ridge Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pacific Ridge had very high historical volatility over the last 90 days | |
| Pacific Ridge has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (7.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pacific Ridge Exploration has accumulated about 1.11 M in cash with (8.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: ZTEM Survey Results Provide Vector to Porphyry Centre and New Targets at Pacific Ridges Kliyul Copper-Gold Project - Newsfile |
Additional Tools for Pacific Stock Analysis
When running Pacific Ridge's price analysis, check to measure Pacific Ridge'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 Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to predict the probability of Pacific Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Ridge's price. Additionally, you may evaluate how the addition of Pacific Ridge to your portfolios can decrease your overall portfolio volatility.