Thunder Mountain Gold Stock Probability of Future OTC Stock Price Finishing Under 0.0505
| THMG Stock | USD 0.06 0 5.08% |
Thunder |
Thunder Mountain Target Price Odds to finish below 0.0505
The tendency of Thunder 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 $ 0.05 or more in 90 days |
| 0.06 | 90 days | 0.05 | about 92.0 |
Based on a normal probability distribution, the odds of Thunder Mountain to drop to $ 0.05 or more in 90 days from now is about 92.0 (This Thunder Mountain Gold probability density function shows the probability of Thunder OTC Stock to fall within a particular range of prices over 90 days) . Probability of Thunder Mountain Gold price to stay between $ 0.05 and its current price of $0.056 at the end of the 90-day period is about 6.79 .
Given the investment horizon of 90 days Thunder Mountain Gold has a beta of -0.58. This usually implies as returns on the benchmark increase, returns on holding Thunder Mountain are expected to decrease at a much lower rate. During a bear market, however, Thunder Mountain Gold is likely to outperform the market. Moreover Thunder Mountain Gold has an alpha of 1.5477, implying that it can generate a 1.55 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thunder Mountain Price Density |
| Price |
Predictive Modules for Thunder Mountain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thunder Mountain Gold. 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.Thunder Mountain Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thunder Mountain is not an exception. The market had few large corrections towards the Thunder Mountain'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 Thunder Mountain Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thunder Mountain within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.55 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.1 |
Thunder Mountain 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 Thunder Mountain for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thunder Mountain Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thunder Mountain is way too risky over 90 days horizon | |
| Thunder Mountain has some characteristics of a very speculative penny stock | |
| Thunder Mountain appears to be risky and price may revert if volatility continues | |
| Thunder Mountain has high likelihood to experience some financial distress in the next 2 years | |
| Thunder Mountain Gold currently holds 28.77 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Thunder Mountain Gold has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Thunder Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Thunder Mountain'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 Thunder Mountain Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thunder to invest in growth at high rates of return. When we think about Thunder Mountain's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 800 K. Net Loss for the year was (571.8 K) with profit before overhead, payroll, taxes, and interest of 300 K. | |
| Thunder Mountain Gold currently holds about 886.17 K in cash with (257.82 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 31.0% of Thunder Mountain outstanding shares are owned by corporate insiders |
Thunder Mountain 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 Thunder OTC Stock often depends not only on the future outlook of the current and potential Thunder Mountain'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. Thunder Mountain's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60.9 M |
Thunder Mountain Technical Analysis
Thunder Mountain's future price can be derived by breaking down and analyzing its technical indicators over time. Thunder OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thunder Mountain Gold. In general, you should focus on analyzing Thunder OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Thunder Mountain Predictive Forecast Models
Thunder Mountain's time-series forecasting models is one of many Thunder Mountain'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 Thunder Mountain'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 Thunder Mountain Gold
Checking the ongoing alerts about Thunder Mountain for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thunder Mountain Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thunder Mountain is way too risky over 90 days horizon | |
| Thunder Mountain has some characteristics of a very speculative penny stock | |
| Thunder Mountain appears to be risky and price may revert if volatility continues | |
| Thunder Mountain has high likelihood to experience some financial distress in the next 2 years | |
| Thunder Mountain Gold currently holds 28.77 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Thunder Mountain Gold has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Thunder Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Thunder Mountain'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 Thunder Mountain Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thunder to invest in growth at high rates of return. When we think about Thunder Mountain's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 800 K. Net Loss for the year was (571.8 K) with profit before overhead, payroll, taxes, and interest of 300 K. | |
| Thunder Mountain Gold currently holds about 886.17 K in cash with (257.82 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 31.0% of Thunder Mountain outstanding shares are owned by corporate insiders |
Other Information on Investing in Thunder OTC Stock
Thunder Mountain financial ratios help investors to determine whether Thunder 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 Thunder with respect to the benefits of owning Thunder Mountain security.