Northern Superior Resources Stock Probability of Future Stock Price Finishing Over 10.84
| SUP Stock | CAD 0.51 0.01 2.00% |
Northern |
Northern Superior Target Price Odds to finish over 10.84
The tendency of Northern 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$ 10.84 or more in 90 days |
| 0.51 | 90 days | 10.84 | close to zero percent |
Based on a normal probability distribution, the odds of Northern Superior to move over C$ 10.84 or more in 90 days from now is close to zero percent (This Northern Superior Resources probability density function shows the probability of Northern Stock to fall within a particular range of prices over 90 days) . Probability of Northern Superior price to stay between its current price of C$ 0.51 and C$ 10.84 at the end of the 90-day period is about 64.5 .
Assuming the 90 days horizon Northern Superior has a beta of 0.12. This usually implies as returns on the market go up, Northern Superior average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northern Superior Resources will be expected to be much smaller as well. Additionally Northern Superior Resources has an alpha of 0.128, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Northern Superior Price Density |
| Price |
Predictive Modules for Northern Superior
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Superior. 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.Northern Superior Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Superior is not an exception. The market had few large corrections towards the Northern Superior'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 Northern Superior Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Superior within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0 |
Northern Superior 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 Northern Superior for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Superior can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northern Superior has some characteristics of a very speculative penny stock | |
| Northern Superior had very high historical volatility over the last 90 days | |
| Net Loss for the year was (5.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Northern Superior Resources has accumulated about 1.98 M in cash with (4.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Everybody is growing the ounces, making all these deposits larger - Northern Superior CEO Simon Marcotte - Kitco NEWS |
Northern Superior 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 Northern Stock often depends not only on the future outlook of the current and potential Northern Superior'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. Northern Superior's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140.4 M | |
| Cash And Short Term Investments | 2.5 M |
Northern Superior Technical Analysis
Northern Superior's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Superior Resources. In general, you should focus on analyzing Northern Stock price patterns and their correlations with different microeconomic environments and drivers.
Northern Superior Predictive Forecast Models
Northern Superior's time-series forecasting models is one of many Northern Superior'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 Northern Superior'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 Northern Superior
Checking the ongoing alerts about Northern Superior for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Superior help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northern Superior has some characteristics of a very speculative penny stock | |
| Northern Superior had very high historical volatility over the last 90 days | |
| Net Loss for the year was (5.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Northern Superior Resources has accumulated about 1.98 M in cash with (4.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Everybody is growing the ounces, making all these deposits larger - Northern Superior CEO Simon Marcotte - Kitco NEWS |
Additional Tools for Northern Stock Analysis
When running Northern Superior's price analysis, check to measure Northern Superior'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 Northern Superior is operating at the current time. Most of Northern Superior's value examination focuses on studying past and present price action to predict the probability of Northern Superior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Superior's price. Additionally, you may evaluate how the addition of Northern Superior to your portfolios can decrease your overall portfolio volatility.