Quartz Mountain Resources Stock Probability of Future Stock Price Finishing Under 0.45
| QZM Stock | CAD 0.39 0.01 2.63% |
Quartz |
Quartz Mountain Target Price Odds to finish below 0.45
The tendency of Quartz 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 under C$ 0.45 after 90 days |
| 0.39 | 90 days | 0.45 | about 66.09 |
Based on a normal probability distribution, the odds of Quartz Mountain to stay under C$ 0.45 after 90 days from now is about 66.09 (This Quartz Mountain Resources probability density function shows the probability of Quartz Stock to fall within a particular range of prices over 90 days) . Probability of Quartz Mountain Resources price to stay between its current price of C$ 0.39 and C$ 0.45 at the end of the 90-day period is about 46.08 .
Assuming the 90 days horizon Quartz Mountain has a beta of 0.46 indicating as returns on the market go up, Quartz Mountain average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Quartz Mountain Resources will be expected to be much smaller as well. Additionally Quartz Mountain Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Quartz Mountain Price Density |
| Price |
Predictive Modules for Quartz Mountain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quartz Mountain 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.Quartz Mountain Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Quartz Mountain is not an exception. The market had few large corrections towards the Quartz Mountain'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 Quartz Mountain Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quartz Mountain within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.05 |
Quartz Mountain 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 Quartz Mountain for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quartz Mountain 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.| Quartz Mountain generated a negative expected return over the last 90 days | |
| Quartz Mountain has some characteristics of a very speculative penny stock | |
| Quartz Mountain has high historical volatility and very poor performance | |
| Quartz Mountain has high likelihood to experience some financial distress in the next 2 years | |
| Quartz Mountain Resources has accumulated 32.75 K in total debt. Quartz Mountain Resources has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Quartz Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Quartz Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Quartz Mountain Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quartz to invest in growth at high rates of return. When we think about Quartz Mountain's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (910.43 K) with loss before overhead, payroll, taxes, and interest of (23.27 K). | |
| Quartz Mountain Resources has accumulated about 111.55 K in cash with (523.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 84.0% of the company outstanding shares are owned by corporate insiders |
Quartz Mountain 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 Quartz Stock often depends not only on the future outlook of the current and potential Quartz Mountain'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. Quartz Mountain's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.2 M | |
| Cash And Short Term Investments | 97.5 K |
Quartz Mountain Technical Analysis
Quartz Mountain's future price can be derived by breaking down and analyzing its technical indicators over time. Quartz Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Quartz Mountain Resources. In general, you should focus on analyzing Quartz Stock price patterns and their correlations with different microeconomic environments and drivers.
Quartz Mountain Predictive Forecast Models
Quartz Mountain's time-series forecasting models is one of many Quartz Mountain'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 Quartz Mountain'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 Quartz Mountain Resources
Checking the ongoing alerts about Quartz Mountain for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quartz Mountain Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Quartz Mountain generated a negative expected return over the last 90 days | |
| Quartz Mountain has some characteristics of a very speculative penny stock | |
| Quartz Mountain has high historical volatility and very poor performance | |
| Quartz Mountain has high likelihood to experience some financial distress in the next 2 years | |
| Quartz Mountain Resources has accumulated 32.75 K in total debt. Quartz Mountain Resources has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Quartz Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Quartz Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Quartz Mountain Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quartz to invest in growth at high rates of return. When we think about Quartz Mountain's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (910.43 K) with loss before overhead, payroll, taxes, and interest of (23.27 K). | |
| Quartz Mountain Resources has accumulated about 111.55 K in cash with (523.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 84.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Quartz Stock Analysis
When running Quartz Mountain's price analysis, check to measure Quartz Mountain'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 Quartz Mountain is operating at the current time. Most of Quartz Mountain's value examination focuses on studying past and present price action to predict the probability of Quartz Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quartz Mountain's price. Additionally, you may evaluate how the addition of Quartz Mountain to your portfolios can decrease your overall portfolio volatility.