Strategic Metals Stock Probability of Future Stock Price Finishing Over 0.2125
| SMD Stock | CAD 0.17 0.02 13.33% |
Strategic |
Strategic Metals Target Price Odds to finish over 0.2125
The tendency of Strategic 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 C$ 0.21 or more in 90 days |
| 0.17 | 90 days | 0.21 | near 1 |
Based on a normal probability distribution, the odds of Strategic Metals to move over C$ 0.21 or more in 90 days from now is near 1 (This Strategic Metals probability density function shows the probability of Strategic Stock to fall within a particular range of prices over 90 days) . Probability of Strategic Metals price to stay between its current price of C$ 0.17 and C$ 0.21 at the end of the 90-day period is about 6.05 .
Assuming the 90 days horizon Strategic Metals has a beta of 0.55. This usually implies as returns on the market go up, Strategic Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Strategic Metals will be expected to be much smaller as well. Additionally Strategic Metals has an alpha of 0.1452, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Strategic Metals Price Density |
| Price |
Predictive Modules for Strategic Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Strategic Metals. 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.Strategic Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Strategic Metals is not an exception. The market had few large corrections towards the Strategic Metals' 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 Strategic Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Strategic Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Strategic Metals 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 Strategic Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Strategic Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Strategic Metals had very high historical volatility over the last 90 days | |
| Strategic Metals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.43 M) with loss before overhead, payroll, taxes, and interest of (65.07 K). | |
| Strategic Metals has accumulated about 23.73 M in cash with (1.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: Nio Strategic Metals Expands Fafnir Project Near High-Grade Niobium Discovery NIOCF Stock News - StockTitan |
Strategic Metals 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 Strategic Stock often depends not only on the future outlook of the current and potential Strategic Metals' 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. Strategic Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111 M |
Strategic Metals Technical Analysis
Strategic Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Strategic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Strategic Metals. In general, you should focus on analyzing Strategic Stock price patterns and their correlations with different microeconomic environments and drivers.
Strategic Metals Predictive Forecast Models
Strategic Metals' time-series forecasting models is one of many Strategic Metals' 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 Strategic Metals' 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 Strategic Metals
Checking the ongoing alerts about Strategic Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Strategic Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Strategic Metals had very high historical volatility over the last 90 days | |
| Strategic Metals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.43 M) with loss before overhead, payroll, taxes, and interest of (65.07 K). | |
| Strategic Metals has accumulated about 23.73 M in cash with (1.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: Nio Strategic Metals Expands Fafnir Project Near High-Grade Niobium Discovery NIOCF Stock News - StockTitan |
Additional Tools for Strategic Stock Analysis
When running Strategic Metals' price analysis, check to measure Strategic Metals' 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 Strategic Metals is operating at the current time. Most of Strategic Metals' value examination focuses on studying past and present price action to predict the probability of Strategic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strategic Metals' price. Additionally, you may evaluate how the addition of Strategic Metals to your portfolios can decrease your overall portfolio volatility.