Kraken Energy Corp Stock Probability of Future OTC Stock Price Finishing Over 0.0749
| UUSAF Stock | USD 0.03 0 7.53% |
Kraken |
Kraken Energy Target Price Odds to finish over 0.0749
The tendency of Kraken 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 move over $ 0.07 or more in 90 days |
| 0.03 | 90 days | 0.07 | near 1 |
Based on a normal probability distribution, the odds of Kraken Energy to move over $ 0.07 or more in 90 days from now is near 1 (This Kraken Energy Corp probability density function shows the probability of Kraken OTC Stock to fall within a particular range of prices over 90 days) . Probability of Kraken Energy Corp price to stay between its current price of $ 0.03 and $ 0.07 at the end of the 90-day period is about 90.41 .
Assuming the 90 days horizon Kraken Energy Corp has a beta of -1.28. This usually implies as returns on its benchmark rise, returns on holding Kraken Energy Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kraken Energy is expected to outperform its benchmark. Additionally Kraken Energy 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. Kraken Energy Price Density |
| Price |
Predictive Modules for Kraken Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kraken Energy Corp. 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.Kraken Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kraken Energy is not an exception. The market had few large corrections towards the Kraken Energy'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 Kraken Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kraken Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | -1.28 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Kraken Energy 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 Kraken Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kraken Energy 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.| Kraken Energy Corp generated a negative expected return over the last 90 days | |
| Kraken Energy Corp has high historical volatility and very poor performance | |
| Kraken Energy Corp has some characteristics of a very speculative penny stock | |
| Kraken Energy Corp has high likelihood to experience some financial distress in the next 2 years | |
| Kraken Energy Corp has accumulated 50 K in total debt. Kraken Energy Corp has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kraken Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Kraken Energy'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 Kraken Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kraken to invest in growth at high rates of return. When we think about Kraken Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (11.89 M) with loss before overhead, payroll, taxes, and interest of (4.9 K). | |
| Kraken Energy Corp has accumulated about 2.51 M in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders |
Kraken Energy 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 Kraken OTC Stock often depends not only on the future outlook of the current and potential Kraken Energy'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. Kraken Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.1 M |
Kraken Energy Technical Analysis
Kraken Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Kraken OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kraken Energy Corp. In general, you should focus on analyzing Kraken OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Kraken Energy Predictive Forecast Models
Kraken Energy's time-series forecasting models is one of many Kraken Energy'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 Kraken Energy'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 Kraken Energy Corp
Checking the ongoing alerts about Kraken Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kraken Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kraken Energy Corp generated a negative expected return over the last 90 days | |
| Kraken Energy Corp has high historical volatility and very poor performance | |
| Kraken Energy Corp has some characteristics of a very speculative penny stock | |
| Kraken Energy Corp has high likelihood to experience some financial distress in the next 2 years | |
| Kraken Energy Corp has accumulated 50 K in total debt. Kraken Energy Corp has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Kraken Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Kraken Energy'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 Kraken Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kraken to invest in growth at high rates of return. When we think about Kraken Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (11.89 M) with loss before overhead, payroll, taxes, and interest of (4.9 K). | |
| Kraken Energy Corp has accumulated about 2.51 M in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Kraken OTC Stock
Kraken Energy financial ratios help investors to determine whether Kraken 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 Kraken with respect to the benefits of owning Kraken Energy security.