Premier African (UK) Probability of Future Stock Price Finishing Over 0.0291
| PREM Stock | 0.05 0.01 17.20% |
Premier |
Premier African Target Price Odds to finish over 0.0291
The tendency of Premier 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 stay above 0.03 in 90 days |
| 0.05 | 90 days | 0.03 | about 92.93 |
Based on a normal probability distribution, the odds of Premier African to stay above 0.03 in 90 days from now is about 92.93 (This Premier African Minerals probability density function shows the probability of Premier Stock to fall within a particular range of prices over 90 days) . Probability of Premier African Minerals price to stay between 0.03 and its current price of 0.0545 at the end of the 90-day period is about 79.09 .
Assuming the 90 days trading horizon Premier African has a beta of 0.53 indicating as returns on the market go up, Premier African average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Premier African Minerals will be expected to be much smaller as well. Additionally Premier African Minerals has an alpha of 0.1343, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Premier African Price Density |
| Price |
Predictive Modules for Premier African
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Premier African Minerals. 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.Premier African Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Premier African is not an exception. The market had few large corrections towards the Premier African'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 Premier African Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Premier African within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Premier African 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 Premier African for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Premier African Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Premier African had very high historical volatility over the last 90 days | |
| Premier African has some characteristics of a very speculative penny stock | |
| Premier African has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (20.81 M) with loss before overhead, payroll, taxes, and interest of (94 K). | |
| Premier African generates negative cash flow from operations | |
| About 22.0% of the company outstanding shares are owned by corporate insiders |
Premier African 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 Premier Stock often depends not only on the future outlook of the current and potential Premier African'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. Premier African's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.5 B | |
| Cash And Short Term Investments | 542 K |
Premier African Technical Analysis
Premier African's future price can be derived by breaking down and analyzing its technical indicators over time. Premier Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Premier African Minerals. In general, you should focus on analyzing Premier Stock price patterns and their correlations with different microeconomic environments and drivers.
Premier African Predictive Forecast Models
Premier African's time-series forecasting models is one of many Premier African'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 Premier African'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 Premier African Minerals
Checking the ongoing alerts about Premier African for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Premier African Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Premier African had very high historical volatility over the last 90 days | |
| Premier African has some characteristics of a very speculative penny stock | |
| Premier African has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (20.81 M) with loss before overhead, payroll, taxes, and interest of (94 K). | |
| Premier African generates negative cash flow from operations | |
| About 22.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Premier Stock Analysis
When running Premier African's price analysis, check to measure Premier African'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 Premier African is operating at the current time. Most of Premier African's value examination focuses on studying past and present price action to predict the probability of Premier African's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier African's price. Additionally, you may evaluate how the addition of Premier African to your portfolios can decrease your overall portfolio volatility.