Rt Minerals Corp Stock Probability of Future Stock Price Finishing Under 0.12
| RTM Stock | CAD 0.12 0.02 14.29% |
RTM |
RT Minerals Target Price Odds to finish below 0.12
The tendency of RTM 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 below current price in 90 days |
| 0.12 | 90 days | 0.12 | about 5.72 |
Based on a normal probability distribution, the odds of RT Minerals to move below current price in 90 days from now is about 5.72 (This RT Minerals Corp probability density function shows the probability of RTM Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon RT Minerals Corp has a beta of -1.61 indicating as returns on its benchmark rise, returns on holding RT Minerals Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, RT Minerals is expected to outperform its benchmark. Additionally RT Minerals Corp has an alpha of 0.1584, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RT Minerals Price Density |
| Price |
Predictive Modules for RT Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RT Minerals Corp. 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.RT Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RT Minerals is not an exception. The market had few large corrections towards the RT Minerals' 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 RT Minerals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RT Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -1.61 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
RT Minerals 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 RT Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RT Minerals 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.| RT Minerals Corp generated a negative expected return over the last 90 days | |
| RT Minerals Corp has some characteristics of a very speculative penny stock | |
| RT Minerals Corp has high historical volatility and very poor performance | |
| RT Minerals Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| RT Minerals Corp has accumulated about 779.87 K in cash with (440.51 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Latest headline from news.google.com: RTMFF 3-Year FCF Growth Rate 47.30 percent - GuruFocus.com |
RT Minerals 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 RTM Stock often depends not only on the future outlook of the current and potential RT Minerals' 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. RT Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.6 M |
RT Minerals Technical Analysis
RT Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. RTM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RT Minerals Corp. In general, you should focus on analyzing RTM Stock price patterns and their correlations with different microeconomic environments and drivers.
RT Minerals Predictive Forecast Models
RT Minerals' time-series forecasting models is one of many RT Minerals' 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 RT Minerals' 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 RT Minerals Corp
Checking the ongoing alerts about RT Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RT Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RT Minerals Corp generated a negative expected return over the last 90 days | |
| RT Minerals Corp has some characteristics of a very speculative penny stock | |
| RT Minerals Corp has high historical volatility and very poor performance | |
| RT Minerals Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| RT Minerals Corp has accumulated about 779.87 K in cash with (440.51 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Latest headline from news.google.com: RTMFF 3-Year FCF Growth Rate 47.30 percent - GuruFocus.com |
Additional Tools for RTM Stock Analysis
When running RT Minerals' price analysis, check to measure RT Minerals' 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 RT Minerals is operating at the current time. Most of RT Minerals' value examination focuses on studying past and present price action to predict the probability of RT Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RT Minerals' price. Additionally, you may evaluate how the addition of RT Minerals to your portfolios can decrease your overall portfolio volatility.