Stria Lithium Stock Probability of Future Stock Price Finishing Under 0.06
| SRA Stock | CAD 0.06 0.01 7.69% |
Stria |
Stria Lithium Target Price Odds to finish below 0.06
The tendency of Stria 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 |
| 0.06 | 90 days | 0.06 | under 4 |
Based on a normal probability distribution, the odds of Stria Lithium to move below current price in 90 days from now is under 4 (This Stria Lithium probability density function shows the probability of Stria Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Stria Lithium has a beta of 0.0982. This usually implies as returns on the market go up, Stria Lithium average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Stria Lithium will be expected to be much smaller as well. Additionally Stria Lithium has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Stria Lithium Price Density |
| Price |
Predictive Modules for Stria Lithium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stria Lithium. 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.Stria Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stria Lithium is not an exception. The market had few large corrections towards the Stria Lithium's 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 Stria Lithium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stria Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.06 |
Stria Lithium 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 Stria Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stria Lithium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stria Lithium generated a negative expected return over the last 90 days | |
| Stria Lithium has high historical volatility and very poor performance | |
| Stria Lithium has some characteristics of a very speculative penny stock | |
| Stria Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Stria Lithium has accumulated 217.64 K in total debt with debt to equity ratio (D/E) of 2.3, implying the company greatly relies on financing operations through barrowing. Stria Lithium has a current ratio of 0.63, 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 Stria Lithium until it has trouble settling it off, either with new capital or with free cash flow. So, Stria Lithium's 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 Stria Lithium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stria to invest in growth at high rates of return. When we think about Stria Lithium's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.24 M) with loss before overhead, payroll, taxes, and interest of (2.34 K). | |
| Stria Lithium has accumulated about 7.64 K in cash with (1.41 M) of positive cash flow from operations. | |
| Roughly 14.0% of Stria Lithium outstanding shares are owned by corporate insiders |
Stria Lithium 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 Stria Stock often depends not only on the future outlook of the current and potential Stria Lithium's 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. Stria Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.2 M | |
| Cash And Short Term Investments | 3 M | |
| Shares Float | 22.2 M |
Stria Lithium Technical Analysis
Stria Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. Stria Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stria Lithium. In general, you should focus on analyzing Stria Stock price patterns and their correlations with different microeconomic environments and drivers.
Stria Lithium Predictive Forecast Models
Stria Lithium's time-series forecasting models is one of many Stria Lithium's 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 Stria Lithium's 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 Stria Lithium
Checking the ongoing alerts about Stria Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stria Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stria Lithium generated a negative expected return over the last 90 days | |
| Stria Lithium has high historical volatility and very poor performance | |
| Stria Lithium has some characteristics of a very speculative penny stock | |
| Stria Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Stria Lithium has accumulated 217.64 K in total debt with debt to equity ratio (D/E) of 2.3, implying the company greatly relies on financing operations through barrowing. Stria Lithium has a current ratio of 0.63, 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 Stria Lithium until it has trouble settling it off, either with new capital or with free cash flow. So, Stria Lithium's 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 Stria Lithium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stria to invest in growth at high rates of return. When we think about Stria Lithium's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.24 M) with loss before overhead, payroll, taxes, and interest of (2.34 K). | |
| Stria Lithium has accumulated about 7.64 K in cash with (1.41 M) of positive cash flow from operations. | |
| Roughly 14.0% of Stria Lithium outstanding shares are owned by corporate insiders |
Additional Tools for Stria Stock Analysis
When running Stria Lithium's price analysis, check to measure Stria Lithium's 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 Stria Lithium is operating at the current time. Most of Stria Lithium's value examination focuses on studying past and present price action to predict the probability of Stria Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stria Lithium's price. Additionally, you may evaluate how the addition of Stria Lithium to your portfolios can decrease your overall portfolio volatility.