Rio2 Stock Chance of Future Stock Price Finishing Under 0.7
| RIO Stock | CAD 0.68 0.02 3.03% |
Rio2 |
Rio2 Target Price Odds to finish below 0.7
The tendency of Rio2 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$ 0.70 after 90 days |
| 0.68 | 90 days | 0.70 | about 85.69 |
Based on a normal probability distribution, the odds of Rio2 to stay under C$ 0.70 after 90 days from now is about 85.69 (This Rio2 probability density function shows the probability of Rio2 Stock to fall within a particular range of prices over 90 days) . Probability of Rio2 price to stay between its current price of C$ 0.68 and C$ 0.70 at the end of the 90-day period is about 8.0 .
Assuming the 90 days horizon Rio2 has a beta of -0.42 indicating as returns on the benchmark increase, returns on holding Rio2 are expected to decrease at a much lower rate. During a bear market, however, Rio2 is likely to outperform the market. Additionally Rio2 has an alpha of 0.4011, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rio2 Price Density |
| Price |
Predictive Modules for Rio2
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rio2. 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.Rio2 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rio2 is not an exception. The market had few large corrections towards the Rio2'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 Rio2, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rio2 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.06 |
Rio2 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 Rio2 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rio2 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rio2 has some characteristics of a very speculative penny stock | |
| Rio2 had very high historical volatility over the last 90 days | |
| Rio2 has accumulated 613.59 K in total debt with debt to equity ratio (D/E) of 0.5, which is about average as compared to similar companies. Rio2 has a current ratio of 0.65, 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 Rio2 until it has trouble settling it off, either with new capital or with free cash flow. So, Rio2'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 Rio2 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rio2 to invest in growth at high rates of return. When we think about Rio2's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (16.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rio2 has accumulated about 1.42 M in cash with (447.05 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 15.0% of Rio2 outstanding shares are owned by corporate insiders |
Rio2 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 Rio2 Stock often depends not only on the future outlook of the current and potential Rio2'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. Rio2's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 258.5 M | |
| Cash And Short Term Investments | 6.1 M |
Rio2 Technical Analysis
Rio2's future price can be derived by breaking down and analyzing its technical indicators over time. Rio2 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rio2. In general, you should focus on analyzing Rio2 Stock price patterns and their correlations with different microeconomic environments and drivers.
Rio2 Predictive Forecast Models
Rio2's time-series forecasting models is one of many Rio2'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 Rio2'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 Rio2
Checking the ongoing alerts about Rio2 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rio2 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rio2 has some characteristics of a very speculative penny stock | |
| Rio2 had very high historical volatility over the last 90 days | |
| Rio2 has accumulated 613.59 K in total debt with debt to equity ratio (D/E) of 0.5, which is about average as compared to similar companies. Rio2 has a current ratio of 0.65, 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 Rio2 until it has trouble settling it off, either with new capital or with free cash flow. So, Rio2'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 Rio2 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rio2 to invest in growth at high rates of return. When we think about Rio2's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (16.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rio2 has accumulated about 1.42 M in cash with (447.05 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 15.0% of Rio2 outstanding shares are owned by corporate insiders |
Additional Tools for Rio2 Stock Analysis
When running Rio2's price analysis, check to measure Rio2'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 Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.