Winsome Resources Limited Stock Probability of Future OTC Stock Price Finishing Under 0.32
| WRSLF Stock | 0.27 0.06 18.18% |
Winsome |
Winsome Resources Target Price Odds to finish below 0.32
The tendency of Winsome 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 stay under 0.32 after 90 days |
| 0.27 | 90 days | 0.32 | about 21.33 |
Based on a normal probability distribution, the odds of Winsome Resources to stay under 0.32 after 90 days from now is about 21.33 (This Winsome Resources Limited probability density function shows the probability of Winsome OTC Stock to fall within a particular range of prices over 90 days) . Probability of Winsome Resources price to stay between its current price of 0.27 and 0.32 at the end of the 90-day period is about 19.69 .
Assuming the 90 days horizon Winsome Resources has a beta of 0.33. This entails as returns on the market go up, Winsome Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Winsome Resources Limited will be expected to be much smaller as well. Additionally Winsome Resources Limited 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. Winsome Resources Price Density |
| Price |
Predictive Modules for Winsome Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Winsome Resources. 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.Winsome Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Winsome Resources is not an exception. The market had few large corrections towards the Winsome Resources' 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 Winsome Resources Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Winsome Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.03 |
Winsome Resources 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 Winsome Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Winsome Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Winsome Resources generated a negative expected return over the last 90 days | |
| Winsome Resources has high historical volatility and very poor performance | |
| Winsome Resources has some characteristics of a very speculative penny stock | |
| About 23.0% of the company outstanding shares are owned by insiders |
Winsome Resources Technical Analysis
Winsome Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Winsome OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Winsome Resources Limited. In general, you should focus on analyzing Winsome OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Winsome Resources Predictive Forecast Models
Winsome Resources' time-series forecasting models is one of many Winsome Resources' 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 Winsome Resources' 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 Winsome Resources
Checking the ongoing alerts about Winsome Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Winsome Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Winsome Resources generated a negative expected return over the last 90 days | |
| Winsome Resources has high historical volatility and very poor performance | |
| Winsome Resources has some characteristics of a very speculative penny stock | |
| About 23.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Winsome OTC Stock
Winsome Resources financial ratios help investors to determine whether Winsome 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 Winsome with respect to the benefits of owning Winsome Resources security.