Rackla Metals Stock Probability of Future Stock Price Finishing Over 10.17
| RAK Stock | CAD 0.14 0.02 16.67% |
Rackla |
Rackla Metals Target Price Odds to finish over 10.17
The tendency of Rackla 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 over C$ 10.17 or more in 90 days |
| 0.14 | 90 days | 10.17 | close to zero percent |
Based on a normal probability distribution, the odds of Rackla Metals to move over C$ 10.17 or more in 90 days from now is close to zero percent (This Rackla Metals probability density function shows the probability of Rackla Stock to fall within a particular range of prices over 90 days) . Probability of Rackla Metals price to stay between its current price of C$ 0.14 and C$ 10.17 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Rackla Metals has a beta of -0.0468 indicating as returns on the benchmark increase, returns on holding Rackla Metals are expected to decrease at a much lower rate. During a bear market, however, Rackla Metals is likely to outperform the market. In addition to that Rackla Metals has an alpha of 2.2874, implying that it can generate a 2.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rackla Metals Price Density |
| Price |
Predictive Modules for Rackla 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 Rackla 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.Rackla Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rackla Metals is not an exception. The market had few large corrections towards the Rackla 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 Rackla Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rackla Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.29 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.20 |
Rackla 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 Rackla Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rackla 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.| Rackla Metals is way too risky over 90 days horizon | |
| Rackla Metals has some characteristics of a very speculative penny stock | |
| Rackla Metals appears to be risky and price may revert if volatility continues | |
| Rackla Metals has accumulated 500.26 K in total debt. Rackla Metals has a current ratio of 0.35, 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 Rackla Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Rackla Metals' 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 Rackla Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rackla to invest in growth at high rates of return. When we think about Rackla Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rackla Metals has accumulated about 72.76 K in cash with (5.3 M) of positive cash flow from operations. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rackla Metals Stake Increases by Alejandro Cox - TipRanks |
Rackla 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 Rackla Stock often depends not only on the future outlook of the current and potential Rackla 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. Rackla Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.4 M |
Rackla Metals Technical Analysis
Rackla Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Rackla Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rackla Metals. In general, you should focus on analyzing Rackla Stock price patterns and their correlations with different microeconomic environments and drivers.
Rackla Metals Predictive Forecast Models
Rackla Metals' time-series forecasting models is one of many Rackla 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 Rackla 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 Rackla Metals
Checking the ongoing alerts about Rackla Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rackla Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rackla Metals is way too risky over 90 days horizon | |
| Rackla Metals has some characteristics of a very speculative penny stock | |
| Rackla Metals appears to be risky and price may revert if volatility continues | |
| Rackla Metals has accumulated 500.26 K in total debt. Rackla Metals has a current ratio of 0.35, 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 Rackla Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Rackla Metals' 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 Rackla Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rackla to invest in growth at high rates of return. When we think about Rackla Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rackla Metals has accumulated about 72.76 K in cash with (5.3 M) of positive cash flow from operations. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rackla Metals Stake Increases by Alejandro Cox - TipRanks |
Additional Tools for Rackla Stock Analysis
When running Rackla Metals' price analysis, check to measure Rackla 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 Rackla Metals is operating at the current time. Most of Rackla Metals' value examination focuses on studying past and present price action to predict the probability of Rackla Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackla Metals' price. Additionally, you may evaluate how the addition of Rackla Metals to your portfolios can decrease your overall portfolio volatility.