Search Minerals Stock Probability of Future Pink Sheet Price Finishing Over 0.0231
| SHCMF Stock | USD 0.01 0.02 65.22% |
Search |
Search Minerals Target Price Odds to finish over 0.0231
The tendency of Search 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 over $ 0.02 or more in 90 days |
| 0.01 | 90 days | 0.02 | about 71.21 |
Based on a normal probability distribution, the odds of Search Minerals to move over $ 0.02 or more in 90 days from now is about 71.21 (This Search Minerals probability density function shows the probability of Search Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Search Minerals price to stay between its current price of $ 0.01 and $ 0.02 at the end of the 90-day period is about 26.35 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 45.43 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Search Minerals will likely underperform. Moreover Search Minerals has an alpha of 1.749, implying that it can generate a 1.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Search Minerals Price Density |
| Price |
Predictive Modules for Search 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 Search Minerals. 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.Search Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Search Minerals is not an exception. The market had few large corrections towards the Search 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 Search Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Search Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.75 | |
β | Beta against Dow Jones | 45.43 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.10 |
Search 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 Search Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Search Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Search Minerals is way too risky over 90 days horizon | |
| Search Minerals has some characteristics of a very speculative penny stock | |
| Search Minerals appears to be risky and price may revert if volatility continues | |
| Search Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.07 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Search Minerals has accumulated about 5.55 M in cash with (1.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders |
Search 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 Search Pink Sheet often depends not only on the future outlook of the current and potential Search 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. Search Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 358.5 M |
Search Minerals Technical Analysis
Search Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Search Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Search Minerals. In general, you should focus on analyzing Search Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Search Minerals Predictive Forecast Models
Search Minerals' time-series forecasting models is one of many Search Minerals' 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 Search 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Search Minerals
Checking the ongoing alerts about Search Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Search Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Search Minerals is way too risky over 90 days horizon | |
| Search Minerals has some characteristics of a very speculative penny stock | |
| Search Minerals appears to be risky and price may revert if volatility continues | |
| Search Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.07 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Search Minerals has accumulated about 5.55 M in cash with (1.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Search Pink Sheet
Search Minerals financial ratios help investors to determine whether Search 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 Search with respect to the benefits of owning Search Minerals security.