Aston Minerals Stock Probability of Future Pink Sheet Price Finishing Over 0.008836
| WMNNF Stock | USD 0.01 0.00 0.00% |
Aston |
Aston Minerals Target Price Odds to finish over 0.008836
The tendency of Aston 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 over $ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 13.65 |
Based on a normal probability distribution, the odds of Aston Minerals to move over $ 0.01 or more in 90 days from now is about 13.65 (This Aston Minerals probability density function shows the probability of Aston Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Aston Minerals price to stay between its current price of $ 0.01 and $ 0.01 at the end of the 90-day period is about 20.93 .
Assuming the 90 days horizon Aston Minerals has a beta of 0.75. This entails as returns on the market go up, Aston Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aston Minerals will be expected to be much smaller as well. Moreover Aston Minerals has an alpha of 1.0363, implying that it can generate a 1.04 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aston Minerals Price Density |
| Price |
Predictive Modules for Aston Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aston Minerals. 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.Aston Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aston Minerals is not an exception. The market had few large corrections towards the Aston Minerals' 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 Aston Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aston Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.04 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.08 |
Aston Minerals 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 Aston Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aston Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aston Minerals is way too risky over 90 days horizon | |
| Aston Minerals has some characteristics of a very speculative penny stock | |
| Aston Minerals appears to be risky and price may revert if volatility continues | |
| Aston Minerals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 22.24 K. Net Loss for the year was (24.7 M) with profit before overhead, payroll, taxes, and interest of 22.24 K. | |
| Aston Minerals has accumulated about 20.04 M in cash with (22.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 33.0% of the company outstanding shares are owned by insiders |
Aston Minerals 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 Aston Pink Sheet often depends not only on the future outlook of the current and potential Aston Minerals' 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. Aston Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Aston Minerals Technical Analysis
Aston Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Aston Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aston Minerals. In general, you should focus on analyzing Aston Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Aston Minerals Predictive Forecast Models
Aston Minerals' time-series forecasting models is one of many Aston Minerals' 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 Aston Minerals' 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 Aston Minerals
Checking the ongoing alerts about Aston Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aston Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aston Minerals is way too risky over 90 days horizon | |
| Aston Minerals has some characteristics of a very speculative penny stock | |
| Aston Minerals appears to be risky and price may revert if volatility continues | |
| Aston Minerals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 22.24 K. Net Loss for the year was (24.7 M) with profit before overhead, payroll, taxes, and interest of 22.24 K. | |
| Aston Minerals has accumulated about 20.04 M in cash with (22.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 33.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Aston Pink Sheet
Aston Minerals financial ratios help investors to determine whether Aston 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 Aston with respect to the benefits of owning Aston Minerals security.