Rimrock Gold Corp Stock Probability of Future Pink Sheet Price Finishing Over 3.0E-4
| RMRK Stock | USD 0.0003 0.0001 25.00% |
Rimrock |
Rimrock Gold Target Price Odds to finish over 3.0E-4
The tendency of Rimrock 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 |
| 0.0003 | 90 days | 0.0003 | about 72.27 |
Based on a normal probability distribution, the odds of Rimrock Gold to move above the current price in 90 days from now is about 72.27 (This Rimrock Gold Corp probability density function shows the probability of Rimrock Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Rimrock Gold Corp has a beta of -6.31 indicating as returns on its benchmark rise, returns on holding Rimrock Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Rimrock Gold is expected to outperform its benchmark. Moreover Rimrock Gold Corp has an alpha of 1.875, implying that it can generate a 1.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rimrock Gold Price Density |
| Price |
Predictive Modules for Rimrock Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rimrock Gold Corp. 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.Rimrock Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rimrock Gold is not an exception. The market had few large corrections towards the Rimrock Gold'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 Rimrock Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rimrock Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.87 | |
β | Beta against Dow Jones | -6.31 | |
σ | Overall volatility | 0.000044 | |
Ir | Information ratio | 0.07 |
Rimrock Gold 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 Rimrock Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rimrock Gold Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rimrock Gold Corp is way too risky over 90 days horizon | |
| Rimrock Gold Corp has some characteristics of a very speculative penny stock | |
| Rimrock Gold Corp appears to be risky and price may revert if volatility continues | |
| Rimrock Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Rimrock Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Rimrock Gold'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 Rimrock Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rimrock to invest in growth at high rates of return. When we think about Rimrock Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (851.33 K) with loss before overhead, payroll, taxes, and interest of (161.9 K). | |
| Rimrock Gold Corp currently holds about 2.22 K in cash with (284.62 K) of positive cash flow from operations. |
Rimrock Gold Technical Analysis
Rimrock Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Rimrock Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rimrock Gold Corp. In general, you should focus on analyzing Rimrock Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Rimrock Gold Predictive Forecast Models
Rimrock Gold's time-series forecasting models is one of many Rimrock Gold'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 Rimrock Gold'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 Rimrock Gold Corp
Checking the ongoing alerts about Rimrock Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rimrock Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rimrock Gold Corp is way too risky over 90 days horizon | |
| Rimrock Gold Corp has some characteristics of a very speculative penny stock | |
| Rimrock Gold Corp appears to be risky and price may revert if volatility continues | |
| Rimrock Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Rimrock Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Rimrock Gold'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 Rimrock Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rimrock to invest in growth at high rates of return. When we think about Rimrock Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (851.33 K) with loss before overhead, payroll, taxes, and interest of (161.9 K). | |
| Rimrock Gold Corp currently holds about 2.22 K in cash with (284.62 K) of positive cash flow from operations. |
Other Information on Investing in Rimrock Pink Sheet
Rimrock Gold financial ratios help investors to determine whether Rimrock 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 Rimrock with respect to the benefits of owning Rimrock Gold security.