Viscount Mining Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.17
| VLMGF Stock | USD 0.17 0.01 6.25% |
Viscount |
Viscount Mining Target Price Odds to finish over 0.17
The tendency of Viscount 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 |
| 0.17 | 90 days | 0.17 | about 73.79 |
Based on a normal probability distribution, the odds of Viscount Mining to move above the current price in 90 days from now is about 73.79 (This Viscount Mining Corp probability density function shows the probability of Viscount Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Viscount Mining Corp has a beta of -0.45. This entails as returns on the benchmark increase, returns on holding Viscount Mining are expected to decrease at a much lower rate. During a bear market, however, Viscount Mining Corp is likely to outperform the market. Additionally Viscount Mining Corp has an alpha of 0.0862, implying that it can generate a 0.0862 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Viscount Mining Price Density |
| Price |
Predictive Modules for Viscount 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 Viscount Mining Corp. 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.Viscount Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Viscount Mining is not an exception. The market had few large corrections towards the Viscount 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 Viscount Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Viscount Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.02 |
Viscount 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 Viscount Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Viscount 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.| Viscount Mining Corp had very high historical volatility over the last 90 days | |
| Viscount Mining Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Viscount Mining Corp has accumulated about 1.03 M in cash with (1.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Viscount 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 Viscount Pink Sheet often depends not only on the future outlook of the current and potential Viscount 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. Viscount Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.3 M |
Viscount Mining Technical Analysis
Viscount Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Viscount Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Viscount Mining Corp. In general, you should focus on analyzing Viscount Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Viscount Mining Predictive Forecast Models
Viscount Mining's time-series forecasting models is one of many Viscount Mining's 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 Viscount 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Viscount Mining Corp
Checking the ongoing alerts about Viscount Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Viscount Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Viscount Mining Corp had very high historical volatility over the last 90 days | |
| Viscount Mining Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Viscount Mining Corp has accumulated about 1.03 M in cash with (1.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Other Information on Investing in Viscount Pink Sheet
Viscount Mining financial ratios help investors to determine whether Viscount Pink Sheet 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 Viscount with respect to the benefits of owning Viscount Mining security.