Zedcor Energy Stock Probability of Future Stock Price Finishing Under 0.65
| ZDC Stock | CAD 3.48 0.02 0.58% |
Zedcor |
Zedcor Energy Target Price Odds to finish below 0.65
The tendency of Zedcor 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 drop to C$ 0.65 or more in 90 days |
| 3.48 | 90 days | 0.65 | near 1 |
Based on a normal probability distribution, the odds of Zedcor Energy to drop to C$ 0.65 or more in 90 days from now is near 1 (This Zedcor Energy probability density function shows the probability of Zedcor Stock to fall within a particular range of prices over 90 days) . Probability of Zedcor Energy price to stay between C$ 0.65 and its current price of C$3.48 at the end of the 90-day period is about 97.0 .
Assuming the 90 days horizon Zedcor Energy has a beta of 0.14. This usually means as returns on the market go up, Zedcor Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zedcor Energy will be expected to be much smaller as well. Moreover Zedcor Energy has an alpha of 1.1128, implying that it can generate a 1.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zedcor Energy Price Density |
| Price |
Predictive Modules for Zedcor 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 Zedcor Energy. 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.Zedcor Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zedcor Energy is not an exception. The market had few large corrections towards the Zedcor 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 Zedcor Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zedcor Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.11 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | 0.29 |
Zedcor 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 Zedcor Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zedcor Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zedcor Energy appears to be risky and price may revert if volatility continues | |
| Zedcor Energy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Zedcor Energy has accumulated 27.61 M in total debt with debt to equity ratio (D/E) of 243.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zedcor Energy has a current ratio of 0.25, 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 Zedcor Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Zedcor 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 Zedcor Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zedcor to invest in growth at high rates of return. When we think about Zedcor Energy's use of debt, we should always consider it together with cash and equity. | |
| About 30.0% of Zedcor Energy outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Zedcor Energy Inc. Reports Record Third Quarter - TipRanks |
Zedcor 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 Zedcor Stock often depends not only on the future outlook of the current and potential Zedcor 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. Zedcor Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.1 M | |
| Cash And Short Term Investments | 1.5 M |
Zedcor Energy Technical Analysis
Zedcor Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Zedcor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zedcor Energy. In general, you should focus on analyzing Zedcor Stock price patterns and their correlations with different microeconomic environments and drivers.
Zedcor Energy Predictive Forecast Models
Zedcor Energy's time-series forecasting models is one of many Zedcor Energy'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 Zedcor 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 stock market movement and maximize returns from investment trading.
Things to note about Zedcor Energy
Checking the ongoing alerts about Zedcor Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zedcor Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zedcor Energy appears to be risky and price may revert if volatility continues | |
| Zedcor Energy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Zedcor Energy has accumulated 27.61 M in total debt with debt to equity ratio (D/E) of 243.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zedcor Energy has a current ratio of 0.25, 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 Zedcor Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Zedcor 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 Zedcor Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zedcor to invest in growth at high rates of return. When we think about Zedcor Energy's use of debt, we should always consider it together with cash and equity. | |
| About 30.0% of Zedcor Energy outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Zedcor Energy Inc. Reports Record Third Quarter - TipRanks |
Additional Tools for Zedcor Stock Analysis
When running Zedcor Energy's price analysis, check to measure Zedcor Energy'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 Zedcor Energy is operating at the current time. Most of Zedcor Energy's value examination focuses on studying past and present price action to predict the probability of Zedcor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedcor Energy's price. Additionally, you may evaluate how the addition of Zedcor Energy to your portfolios can decrease your overall portfolio volatility.