Playfair Mining Stock Probability of Future Pink Sheet Price Finishing Over 0.0137
| PLYFF Stock | USD 0.01 0.00 0.00% |
Playfair |
Playfair Mining Target Price Odds to finish over 0.0137
The tendency of Playfair 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 $ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 51.99 |
Based on a normal probability distribution, the odds of Playfair Mining to move over $ 0.01 or more in 90 days from now is about 51.99 (This Playfair Mining probability density function shows the probability of Playfair Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Playfair Mining price to stay between its current price of $ 0.01 and $ 0.01 at the end of the 90-day period is about 17.1 .
Assuming the 90 days horizon Playfair Mining has a beta of -0.17 indicating as returns on the benchmark increase, returns on holding Playfair Mining are expected to decrease at a much lower rate. During a bear market, however, Playfair Mining is likely to outperform the market. Additionally Playfair Mining has an alpha of 0.7573, implying that it can generate a 0.76 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Playfair Mining Price Density |
| Price |
Predictive Modules for Playfair 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 Playfair 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.Playfair Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Playfair Mining is not an exception. The market had few large corrections towards the Playfair 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 Playfair Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Playfair Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.76 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Playfair 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 Playfair Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Playfair 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.| Playfair Mining is way too risky over 90 days horizon | |
| Playfair Mining has some characteristics of a very speculative penny stock | |
| Playfair Mining appears to be risky and price may revert if volatility continues | |
| Playfair Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.65 M) with loss before overhead, payroll, taxes, and interest of (15.6 K). | |
| Playfair Mining has accumulated about 160.08 K in cash with (126.59 K) of positive cash flow from operations. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
Playfair 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 Playfair Pink Sheet often depends not only on the future outlook of the current and potential Playfair 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. Playfair Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106.4 M |
Playfair Mining Technical Analysis
Playfair Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Playfair Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Playfair Mining. In general, you should focus on analyzing Playfair Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Playfair Mining Predictive Forecast Models
Playfair Mining's time-series forecasting models is one of many Playfair 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 Playfair 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 Playfair Mining
Checking the ongoing alerts about Playfair Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Playfair Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Playfair Mining is way too risky over 90 days horizon | |
| Playfair Mining has some characteristics of a very speculative penny stock | |
| Playfair Mining appears to be risky and price may revert if volatility continues | |
| Playfair Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.65 M) with loss before overhead, payroll, taxes, and interest of (15.6 K). | |
| Playfair Mining has accumulated about 160.08 K in cash with (126.59 K) of positive cash flow from operations. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Playfair Pink Sheet
Playfair Mining financial ratios help investors to determine whether Playfair 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 Playfair with respect to the benefits of owning Playfair Mining security.