Red Metal Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.005
| RMESF Stock | USD 0.01 0.02 79.17% |
Red |
Red Metal Target Price Odds to finish over 0.005
The tendency of Red Pink Sheet 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 above the current price in 90 days |
| 0.01 | 90 days | 0.01 | under 95 |
Based on a normal probability distribution, the odds of Red Metal to move above the current price in 90 days from now is under 95 (This Red Metal Resources probability density function shows the probability of Red Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Red Metal Resources has a beta of -7.04 indicating as returns on its benchmark rise, returns on holding Red Metal Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Red Metal is expected to outperform its benchmark. Moreover Red Metal Resources has an alpha of 1.328, implying that it can generate a 1.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Red Metal Price Density |
| Price |
Predictive Modules for Red Metal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Red Metal Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Red Metal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Red Metal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Red Metal is not an exception. The market had few large corrections towards the Red Metal'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 Red Metal Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Red Metal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.33 | |
β | Beta against Dow Jones | -7.04 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.03 |
Red Metal 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 Red Metal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Red Metal 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.| Red Metal Resources is way too risky over 90 days horizon | |
| Red Metal Resources has some characteristics of a very speculative penny stock | |
| Red Metal Resources appears to be risky and price may revert if volatility continues | |
| Red Metal Resources has a very high chance of going through financial distress in the upcoming years | |
| Red Metal Resources has accumulated 1.56 M in total debt. Red Metal Resources has a current ratio of 0.16, 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 Red Metal until it has trouble settling it off, either with new capital or with free cash flow. So, Red Metal'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 Red Metal Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Red to invest in growth at high rates of return. When we think about Red Metal's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Red Metal Resources has accumulated about 137.71 K in cash with (1.1 M) of positive cash flow from operations. | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders |
Red Metal 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 Red Pink Sheet often depends not only on the future outlook of the current and potential Red Metal'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. Red Metal's indicators that are reflective of the short sentiment are summarized in the table below.
Red Metal Technical Analysis
Red Metal's future price can be derived by breaking down and analyzing its technical indicators over time. Red Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Red Metal Resources. In general, you should focus on analyzing Red Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Red Metal Predictive Forecast Models
Red Metal's time-series forecasting models is one of many Red Metal's pink sheet 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 Red Metal'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Red Metal Resources
Checking the ongoing alerts about Red Metal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Red Metal Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Red Metal Resources is way too risky over 90 days horizon | |
| Red Metal Resources has some characteristics of a very speculative penny stock | |
| Red Metal Resources appears to be risky and price may revert if volatility continues | |
| Red Metal Resources has a very high chance of going through financial distress in the upcoming years | |
| Red Metal Resources has accumulated 1.56 M in total debt. Red Metal Resources has a current ratio of 0.16, 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 Red Metal until it has trouble settling it off, either with new capital or with free cash flow. So, Red Metal'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 Red Metal Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Red to invest in growth at high rates of return. When we think about Red Metal's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Red Metal Resources has accumulated about 137.71 K in cash with (1.1 M) of positive cash flow from operations. | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Red Pink Sheet
Red Metal financial ratios help investors to determine whether Red Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Red with respect to the benefits of owning Red Metal security.