Tap Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.033
| TAPP Stock | USD 0.03 0.13 79.37% |
Tap |
Tap Resources Target Price Odds to finish over 0.033
The tendency of Tap 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 move above the current price in 90 days |
| 0.03 | 90 days | 0.03 | about 88.56 |
Based on a normal probability distribution, the odds of Tap Resources to move above the current price in 90 days from now is about 88.56 (This Tap Resources probability density function shows the probability of Tap Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.76 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tap Resources will likely underperform. Additionally Tap Resources 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. Tap Resources Price Density |
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Predictive Modules for Tap 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 Tap Resources. 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.Tap Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tap Resources is not an exception. The market had few large corrections towards the Tap 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 Tap Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tap Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.51 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.18 |
Tap 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 Tap Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tap Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tap Resources generated a negative expected return over the last 90 days | |
| Tap Resources has high historical volatility and very poor performance | |
| Tap Resources has some characteristics of a very speculative penny stock | |
| Tap Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (38.24 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tap Resources currently holds about 458 in cash with (10.41 K) of positive cash flow from operations. |
Tap 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 Tap Pink Sheet often depends not only on the future outlook of the current and potential Tap 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. Tap Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Tap Resources Technical Analysis
Tap Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Tap Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tap Resources. In general, you should focus on analyzing Tap Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Tap Resources Predictive Forecast Models
Tap Resources' time-series forecasting models is one of many Tap 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 Tap 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 Tap Resources
Checking the ongoing alerts about Tap Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tap Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tap Resources generated a negative expected return over the last 90 days | |
| Tap Resources has high historical volatility and very poor performance | |
| Tap Resources has some characteristics of a very speculative penny stock | |
| Tap Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (38.24 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tap Resources currently holds about 458 in cash with (10.41 K) of positive cash flow from operations. |
Additional Tools for Tap Pink Sheet Analysis
When running Tap Resources' price analysis, check to measure Tap Resources' 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 Tap Resources is operating at the current time. Most of Tap Resources' value examination focuses on studying past and present price action to predict the probability of Tap Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tap Resources' price. Additionally, you may evaluate how the addition of Tap Resources to your portfolios can decrease your overall portfolio volatility.