Sokoman Minerals Corp Stock Probability of Future OTC Stock Price Finishing Over 0.0242
| SICNF Stock | USD 0.02 0 6.25% |
Sokoman |
Sokoman Minerals Target Price Odds to finish over 0.0242
The tendency of Sokoman OTC 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 over $ 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | under 95 |
Based on a normal probability distribution, the odds of Sokoman Minerals to move over $ 0.02 or more in 90 days from now is under 95 (This Sokoman Minerals Corp probability density function shows the probability of Sokoman OTC Stock to fall within a particular range of prices over 90 days) . Probability of Sokoman Minerals Corp price to stay between its current price of $ 0.02 and $ 0.02 at the end of the 90-day period is nearly 4.32 .
Assuming the 90 days horizon Sokoman Minerals Corp has a beta of -2.2. This usually implies as returns on its benchmark rise, returns on holding Sokoman Minerals Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sokoman Minerals is expected to outperform its benchmark. Additionally Sokoman Minerals Corp has an alpha of 0.0877, implying that it can generate a 0.0877 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sokoman Minerals Price Density |
| Price |
Predictive Modules for Sokoman 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 Sokoman Minerals Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sokoman Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sokoman Minerals is not an exception. The market had few large corrections towards the Sokoman 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 Sokoman Minerals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sokoman Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -2.2 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
Sokoman 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 Sokoman Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sokoman 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.| Sokoman Minerals generated a negative expected return over the last 90 days | |
| Sokoman Minerals has high historical volatility and very poor performance | |
| Sokoman Minerals has some characteristics of a very speculative penny stock | |
| Sokoman Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (12.26 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sokoman Minerals Corp has accumulated about 13.51 M in cash with (10.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
Sokoman 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 Sokoman OTC Stock often depends not only on the future outlook of the current and potential Sokoman 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. Sokoman Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 214 M | |
| Shares Float | 154.4 M |
Sokoman Minerals Technical Analysis
Sokoman Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Sokoman OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sokoman Minerals Corp. In general, you should focus on analyzing Sokoman OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Sokoman Minerals Predictive Forecast Models
Sokoman Minerals' time-series forecasting models is one of many Sokoman Minerals' otc 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 Sokoman 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 otc stock market movement and maximize returns from investment trading.
Things to note about Sokoman Minerals Corp
Checking the ongoing alerts about Sokoman Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sokoman Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sokoman Minerals generated a negative expected return over the last 90 days | |
| Sokoman Minerals has high historical volatility and very poor performance | |
| Sokoman Minerals has some characteristics of a very speculative penny stock | |
| Sokoman Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (12.26 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sokoman Minerals Corp has accumulated about 13.51 M in cash with (10.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sokoman OTC Stock
Sokoman Minerals financial ratios help investors to determine whether Sokoman OTC Stock 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 Sokoman with respect to the benefits of owning Sokoman Minerals security.