Summa Silver Corp Stock Probability of Future OTC Stock Price Finishing Under 0
| SSVRF Stock | USD 0.20 0.01 5.26% |
Summa |
Summa Silver Target Price Odds to finish below 0
The tendency of Summa 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 drop to $ 0.00 or more in 90 days |
| 0.20 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Summa Silver to drop to $ 0.00 or more in 90 days from now is near 1 (This Summa Silver Corp probability density function shows the probability of Summa OTC Stock to fall within a particular range of prices over 90 days) . Probability of Summa Silver Corp price to stay between $ 0.00 and its current price of $0.2 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Summa Silver has a beta of 0.74. This usually implies as returns on the market go up, Summa Silver average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Summa Silver Corp will be expected to be much smaller as well. Additionally Summa Silver Corp 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. Summa Silver Price Density |
| Price |
Predictive Modules for Summa Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Summa Silver 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.Summa Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Summa Silver is not an exception. The market had few large corrections towards the Summa Silver'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 Summa Silver Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Summa Silver within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.12 |
Summa Silver 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 Summa Silver for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Summa Silver 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.| Summa Silver Corp generated a negative expected return over the last 90 days | |
| Summa Silver Corp has some characteristics of a very speculative penny stock | |
| Summa Silver Corp has high historical volatility and very poor performance | |
| Summa Silver Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Summa Silver Corp has accumulated about 8.91 M in cash with (2.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders |
Summa Silver 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 Summa OTC Stock often depends not only on the future outlook of the current and potential Summa Silver'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. Summa Silver's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 78.2 M |
Summa Silver Technical Analysis
Summa Silver's future price can be derived by breaking down and analyzing its technical indicators over time. Summa OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Summa Silver Corp. In general, you should focus on analyzing Summa OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Summa Silver Predictive Forecast Models
Summa Silver's time-series forecasting models is one of many Summa Silver's 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 Summa Silver'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 otc stock market movement and maximize returns from investment trading.
Things to note about Summa Silver Corp
Checking the ongoing alerts about Summa Silver for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Summa Silver Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Summa Silver Corp generated a negative expected return over the last 90 days | |
| Summa Silver Corp has some characteristics of a very speculative penny stock | |
| Summa Silver Corp has high historical volatility and very poor performance | |
| Summa Silver Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Summa Silver Corp has accumulated about 8.91 M in cash with (2.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Summa OTC Stock
Summa Silver financial ratios help investors to determine whether Summa 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 Summa with respect to the benefits of owning Summa Silver security.