Truscott Mining (Australia) Probability of Future Stock Price Finishing Over 4.37
| TRM Stock | 0.07 0.01 16.67% |
Truscott |
Truscott Mining Target Price Odds to finish over 4.37
The tendency of Truscott 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 4.37 or more in 90 days |
| 0.07 | 90 days | 4.37 | close to zero percent |
Based on a normal probability distribution, the odds of Truscott Mining to move over 4.37 or more in 90 days from now is close to zero percent (This Truscott Mining Corp probability density function shows the probability of Truscott Stock to fall within a particular range of prices over 90 days) . Probability of Truscott Mining Corp price to stay between its current price of 0.07 and 4.37 at the end of the 90-day period is about 47.41 .
Assuming the 90 days trading horizon Truscott Mining Corp has a beta of -0.47. This usually implies as returns on the benchmark increase, returns on holding Truscott Mining are expected to decrease at a much lower rate. During a bear market, however, Truscott Mining Corp is likely to outperform the market. Additionally Truscott Mining Corp has an alpha of 0.3631, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Truscott Mining Price Density |
| Price |
Predictive Modules for Truscott Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Truscott Mining 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.Truscott Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Truscott Mining is not an exception. The market had few large corrections towards the Truscott Mining'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 Truscott Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Truscott Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
Truscott Mining 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 Truscott Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Truscott Mining 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.| Truscott Mining Corp has some characteristics of a very speculative penny stock | |
| Truscott Mining Corp had very high historical volatility over the last 90 days | |
| The company reported the revenue of 947. Net Loss for the year was (523.73 K) with profit before overhead, payroll, taxes, and interest of 661. | |
| Truscott Mining Corp has accumulated about 19.87 K in cash with (167.05 K) of positive cash flow from operations. | |
| Roughly 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Truscott Mining Announces New ASX Security Quotation - MSN |
Truscott Mining 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 Truscott Stock often depends not only on the future outlook of the current and potential Truscott Mining'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. Truscott Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 172.8 M | |
| Cash And Short Term Investments | 60 K |
Truscott Mining Technical Analysis
Truscott Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Truscott Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Truscott Mining Corp. In general, you should focus on analyzing Truscott Stock price patterns and their correlations with different microeconomic environments and drivers.
Truscott Mining Predictive Forecast Models
Truscott Mining's time-series forecasting models is one of many Truscott Mining'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 Truscott Mining'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 Truscott Mining Corp
Checking the ongoing alerts about Truscott Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Truscott Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Truscott Mining Corp has some characteristics of a very speculative penny stock | |
| Truscott Mining Corp had very high historical volatility over the last 90 days | |
| The company reported the revenue of 947. Net Loss for the year was (523.73 K) with profit before overhead, payroll, taxes, and interest of 661. | |
| Truscott Mining Corp has accumulated about 19.87 K in cash with (167.05 K) of positive cash flow from operations. | |
| Roughly 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Truscott Mining Announces New ASX Security Quotation - MSN |
Additional Tools for Truscott Stock Analysis
When running Truscott Mining's price analysis, check to measure Truscott Mining'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 Truscott Mining is operating at the current time. Most of Truscott Mining's value examination focuses on studying past and present price action to predict the probability of Truscott Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truscott Mining's price. Additionally, you may evaluate how the addition of Truscott Mining to your portfolios can decrease your overall portfolio volatility.