Polymetals Resources (Australia) Probability of Future Stock Price Finishing Over 0.76
| POL Stock | 0.76 0.08 11.76% |
Polymetals |
Polymetals Resources Target Price Odds to finish over 0.76
The tendency of Polymetals 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 |
| 0.76 | 90 days | 0.76 | about 9.93 |
Based on a normal probability distribution, the odds of Polymetals Resources to move above the current price in 90 days from now is about 9.93 (This Polymetals Resources probability density function shows the probability of Polymetals Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Polymetals Resources has a beta of -0.81 indicating as returns on the benchmark increase, returns on holding Polymetals Resources are expected to decrease at a much lower rate. During a bear market, however, Polymetals Resources is likely to outperform the market. In addition to that Polymetals Resources has an alpha of 2.0294, implying that it can generate a 2.03 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Polymetals Resources Price Density |
| Price |
Predictive Modules for Polymetals Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Polymetals Resources. 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.Polymetals Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Polymetals Resources is not an exception. The market had few large corrections towards the Polymetals Resources' 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 Polymetals Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Polymetals Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.03 | |
β | Beta against Dow Jones | -0.81 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.25 |
Polymetals Resources 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 Polymetals Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Polymetals Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Polymetals Resources is way too risky over 90 days horizon | |
| Polymetals Resources has some characteristics of a very speculative penny stock | |
| Polymetals Resources appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 427.67 K. Net Loss for the year was (3.27 M) with profit before overhead, payroll, taxes, and interest of 1.13 K. | |
| Polymetals Resources generates negative cash flow from operations | |
| About 64.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Polymetals Resources Boosts Capital with New Share Issue - MSN |
Polymetals Resources 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 Polymetals Stock often depends not only on the future outlook of the current and potential Polymetals Resources' 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. Polymetals Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 155.7 M | |
| Cash And Short Term Investments | 7.9 M |
Polymetals Resources Technical Analysis
Polymetals Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Polymetals Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Polymetals Resources. In general, you should focus on analyzing Polymetals Stock price patterns and their correlations with different microeconomic environments and drivers.
Polymetals Resources Predictive Forecast Models
Polymetals Resources' time-series forecasting models is one of many Polymetals Resources' 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 Polymetals Resources' 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 Polymetals Resources
Checking the ongoing alerts about Polymetals Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Polymetals Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Polymetals Resources is way too risky over 90 days horizon | |
| Polymetals Resources has some characteristics of a very speculative penny stock | |
| Polymetals Resources appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 427.67 K. Net Loss for the year was (3.27 M) with profit before overhead, payroll, taxes, and interest of 1.13 K. | |
| Polymetals Resources generates negative cash flow from operations | |
| About 64.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Polymetals Resources Boosts Capital with New Share Issue - MSN |
Additional Tools for Polymetals Stock Analysis
When running Polymetals Resources' price analysis, check to measure Polymetals Resources' 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 Polymetals Resources is operating at the current time. Most of Polymetals Resources' value examination focuses on studying past and present price action to predict the probability of Polymetals Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polymetals Resources' price. Additionally, you may evaluate how the addition of Polymetals Resources to your portfolios can decrease your overall portfolio volatility.