Ragnar Metals (Australia) Probability of Future Stock Price Finishing Under 0.021
| RAG Stock | 0.02 0 5.00% |
Ragnar |
Ragnar Metals Target Price Odds to finish below 0.021
The tendency of Ragnar 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 below current price in 90 days |
| 0.02 | 90 days | 0.02 | about 63.01 |
Based on a normal probability distribution, the odds of Ragnar Metals to move below current price in 90 days from now is about 63.01 (This Ragnar Metals probability density function shows the probability of Ragnar Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Ragnar Metals has a beta of -0.0618 indicating as returns on the benchmark increase, returns on holding Ragnar Metals are expected to decrease at a much lower rate. During a bear market, however, Ragnar Metals is likely to outperform the market. Additionally Ragnar Metals has an alpha of 0.2318, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ragnar Metals Price Density |
| Price |
Predictive Modules for Ragnar Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ragnar Metals. 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.Ragnar Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ragnar Metals is not an exception. The market had few large corrections towards the Ragnar Metals' 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 Ragnar Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ragnar Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
Ragnar Metals 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 Ragnar Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ragnar Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ragnar Metals has some characteristics of a very speculative penny stock | |
| Ragnar Metals had very high historical volatility over the last 90 days | |
| Ragnar Metals has accumulated about 196.05 K in cash with (679.25 K) of positive cash flow from operations. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Ragnar Metals Sees Strong Support at AGM - MSN |
Ragnar Metals 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 Ragnar Stock often depends not only on the future outlook of the current and potential Ragnar Metals' 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. Ragnar Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 473.8 M | |
| Cash And Short Term Investments | 9.3 M |
Ragnar Metals Technical Analysis
Ragnar Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Ragnar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ragnar Metals. In general, you should focus on analyzing Ragnar Stock price patterns and their correlations with different microeconomic environments and drivers.
Ragnar Metals Predictive Forecast Models
Ragnar Metals' time-series forecasting models is one of many Ragnar Metals' 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 Ragnar Metals' 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 Ragnar Metals
Checking the ongoing alerts about Ragnar Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ragnar Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ragnar Metals has some characteristics of a very speculative penny stock | |
| Ragnar Metals had very high historical volatility over the last 90 days | |
| Ragnar Metals has accumulated about 196.05 K in cash with (679.25 K) of positive cash flow from operations. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Ragnar Metals Sees Strong Support at AGM - MSN |
Additional Tools for Ragnar Stock Analysis
When running Ragnar Metals' price analysis, check to measure Ragnar Metals' 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 Ragnar Metals is operating at the current time. Most of Ragnar Metals' value examination focuses on studying past and present price action to predict the probability of Ragnar Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ragnar Metals' price. Additionally, you may evaluate how the addition of Ragnar Metals to your portfolios can decrease your overall portfolio volatility.