Spey Resources Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.04
| SPEYF Stock | USD 0.09 0.04 27.38% |
Spey |
Spey Resources Target Price Odds to finish below 0.04
The tendency of Spey 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 drop to $ 0.04 or more in 90 days |
| 0.09 | 90 days | 0.04 | about 23.68 |
Based on a normal probability distribution, the odds of Spey Resources to drop to $ 0.04 or more in 90 days from now is about 23.68 (This Spey Resources Corp probability density function shows the probability of Spey Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Spey Resources Corp price to stay between $ 0.04 and its current price of $0.0944 at the end of the 90-day period is about 48.81 .
Assuming the 90 days horizon Spey Resources Corp has a beta of -2.7. This usually implies as returns on its benchmark rise, returns on holding Spey Resources Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Spey Resources is expected to outperform its benchmark. In addition to that Spey Resources Corp has an alpha of 7.5371, implying that it can generate a 7.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Spey Resources Price Density |
| Price |
Predictive Modules for Spey Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spey Resources 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spey Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Spey Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spey Resources is not an exception. The market had few large corrections towards the Spey Resources' 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 Spey Resources Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spey Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 7.54 | |
β | Beta against Dow Jones | -2.7 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.18 |
Spey Resources 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 Spey Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spey Resources 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.| Spey Resources Corp is way too risky over 90 days horizon | |
| Spey Resources Corp has some characteristics of a very speculative penny stock | |
| Spey Resources Corp appears to be risky and price may revert if volatility continues | |
| Spey Resources Corp has accumulated 338.92 K in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Spey Resources Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spey Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Spey Resources' 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 Spey Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spey to invest in growth at high rates of return. When we think about Spey Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (10.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Spey Resources Corp has accumulated about 707.8 K in cash with (2.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Spey Resources 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 Spey Pink Sheet often depends not only on the future outlook of the current and potential Spey Resources' 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. Spey Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 69.6 M |
Spey Resources Technical Analysis
Spey Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Spey Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spey Resources Corp. In general, you should focus on analyzing Spey Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Spey Resources Predictive Forecast Models
Spey Resources' time-series forecasting models is one of many Spey Resources' 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 Spey Resources' 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 Spey Resources Corp
Checking the ongoing alerts about Spey Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spey Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spey Resources Corp is way too risky over 90 days horizon | |
| Spey Resources Corp has some characteristics of a very speculative penny stock | |
| Spey Resources Corp appears to be risky and price may revert if volatility continues | |
| Spey Resources Corp has accumulated 338.92 K in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Spey Resources Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spey Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Spey Resources' 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 Spey Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spey to invest in growth at high rates of return. When we think about Spey Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (10.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Spey Resources Corp has accumulated about 707.8 K in cash with (2.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Other Information on Investing in Spey Pink Sheet
Spey Resources financial ratios help investors to determine whether Spey 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 Spey with respect to the benefits of owning Spey Resources security.