Trench Metals Corp Stock Probability of Future Stock Price Finishing Under 0.02
| TMC Stock | CAD 0.47 0.05 9.62% |
Trench |
Trench Metals Target Price Odds to finish below 0.02
The tendency of Trench 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 C$ 0.02 or more in 90 days |
| 0.47 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Trench Metals to drop to C$ 0.02 or more in 90 days from now is near 1 (This Trench Metals Corp probability density function shows the probability of Trench Stock to fall within a particular range of prices over 90 days) . Probability of Trench Metals Corp price to stay between C$ 0.02 and its current price of C$0.47 at the end of the 90-day period is about 1.45 .
Assuming the 90 days horizon Trench Metals has a beta of 0.83. This usually implies as returns on the market go up, Trench Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Trench Metals Corp will be expected to be much smaller as well. Additionally Trench Metals 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. Trench Metals Price Density |
| Price |
Predictive Modules for Trench Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trench Metals Corp. 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.Trench Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trench Metals is not an exception. The market had few large corrections towards the Trench Metals' 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 Trench Metals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trench Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.54 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.05 |
Trench Metals 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 Trench Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trench Metals 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.| Trench Metals Corp generated a negative expected return over the last 90 days | |
| Trench Metals Corp has high historical volatility and very poor performance | |
| Trench Metals Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (986.4 K) with loss before overhead, payroll, taxes, and interest of (23.29 K). | |
| Trench Metals Corp has accumulated about 697.77 K in cash with (185.39 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Trench Metals 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 Trench Stock often depends not only on the future outlook of the current and potential Trench Metals' 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. Trench Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.4 M |
Trench Metals Technical Analysis
Trench Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Trench Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trench Metals Corp. In general, you should focus on analyzing Trench Stock price patterns and their correlations with different microeconomic environments and drivers.
Trench Metals Predictive Forecast Models
Trench Metals' time-series forecasting models is one of many Trench Metals' 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 Trench Metals' 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 Trench Metals Corp
Checking the ongoing alerts about Trench Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trench Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trench Metals Corp generated a negative expected return over the last 90 days | |
| Trench Metals Corp has high historical volatility and very poor performance | |
| Trench Metals Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (986.4 K) with loss before overhead, payroll, taxes, and interest of (23.29 K). | |
| Trench Metals Corp has accumulated about 697.77 K in cash with (185.39 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Additional Tools for Trench Stock Analysis
When running Trench Metals' price analysis, check to measure Trench Metals' 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 Trench Metals is operating at the current time. Most of Trench Metals' value examination focuses on studying past and present price action to predict the probability of Trench Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trench Metals' price. Additionally, you may evaluate how the addition of Trench Metals to your portfolios can decrease your overall portfolio volatility.