Rock Tech Lithium Stock Probability of Future Stock Price Finishing Under 0.05
| RCK Stock | CAD 1.00 0.03 2.91% |
Rock |
Rock Tech Target Price Odds to finish below 0.05
The tendency of Rock 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 drop to C$ 0.05 or more in 90 days |
| 1.00 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Rock Tech to drop to C$ 0.05 or more in 90 days from now is near 1 (This Rock Tech Lithium probability density function shows the probability of Rock Stock to fall within a particular range of prices over 90 days) . Probability of Rock Tech Lithium price to stay between C$ 0.05 and its current price of C$1.0 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Rock Tech has a beta of 0.21 indicating as returns on the market go up, Rock Tech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rock Tech Lithium will be expected to be much smaller as well. Additionally Rock Tech Lithium 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. Rock Tech Price Density |
| Price |
Predictive Modules for Rock Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rock Tech Lithium. 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.Rock Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rock Tech is not an exception. The market had few large corrections towards the Rock Tech'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 Rock Tech Lithium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rock Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.09 |
Rock Tech 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 Rock Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rock Tech Lithium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rock Tech Lithium generated a negative expected return over the last 90 days | |
| Rock Tech Lithium has some characteristics of a very speculative penny stock | |
| Rock Tech Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (28.62 M) with loss before overhead, payroll, taxes, and interest of (19.18 K). | |
| Rock Tech Lithium has accumulated about 22.34 M in cash with (25.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. |
Rock Tech 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 Rock Stock often depends not only on the future outlook of the current and potential Rock Tech'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. Rock Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.6 M | |
| Cash And Short Term Investments | 14.7 M |
Rock Tech Technical Analysis
Rock Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Rock Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rock Tech Lithium. In general, you should focus on analyzing Rock Stock price patterns and their correlations with different microeconomic environments and drivers.
Rock Tech Predictive Forecast Models
Rock Tech's time-series forecasting models is one of many Rock Tech'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 Rock Tech'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 Rock Tech Lithium
Checking the ongoing alerts about Rock Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rock Tech Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rock Tech Lithium generated a negative expected return over the last 90 days | |
| Rock Tech Lithium has some characteristics of a very speculative penny stock | |
| Rock Tech Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (28.62 M) with loss before overhead, payroll, taxes, and interest of (19.18 K). | |
| Rock Tech Lithium has accumulated about 22.34 M in cash with (25.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. |
Additional Tools for Rock Stock Analysis
When running Rock Tech's price analysis, check to measure Rock Tech'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 Rock Tech is operating at the current time. Most of Rock Tech's value examination focuses on studying past and present price action to predict the probability of Rock Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rock Tech's price. Additionally, you may evaluate how the addition of Rock Tech to your portfolios can decrease your overall portfolio volatility.