Zimplats Holdings Limited Stock Probability of Future Pink Sheet Price Finishing Under 5.78
| ZMPLF Stock | USD 9.12 0.63 6.46% |
Zimplats |
Zimplats Holdings Target Price Odds to finish below 5.78
The tendency of Zimplats 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 drop to $ 5.78 or more in 90 days |
| 9.12 | 90 days | 5.78 | near 1 |
Based on a normal probability distribution, the odds of Zimplats Holdings to drop to $ 5.78 or more in 90 days from now is near 1 (This Zimplats Holdings Limited probability density function shows the probability of Zimplats Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Zimplats Holdings price to stay between $ 5.78 and its current price of $9.12 at the end of the 90-day period is about 31.65 .
Assuming the 90 days horizon Zimplats Holdings has a beta of 0.14. This usually means as returns on the market go up, Zimplats Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zimplats Holdings Limited will be expected to be much smaller as well. Additionally Zimplats Holdings 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. Zimplats Holdings Price Density |
| Price |
Predictive Modules for Zimplats Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zimplats Holdings. 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.Zimplats Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zimplats Holdings is not an exception. The market had few large corrections towards the Zimplats Holdings' 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 Zimplats Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zimplats Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | -0.07 |
Zimplats Holdings 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 Zimplats Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zimplats Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zimplats Holdings generated a negative expected return over the last 90 days | |
| Zimplats Holdings has high historical volatility and very poor performance | |
| About 88.0% of the company outstanding shares are owned by insiders | |
| Latest headline from insidermonkey.com: Endeavour Silver Corp. A Top Silver Mining Stock to Watch Right Now |
Zimplats Holdings 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 Zimplats Pink Sheet often depends not only on the future outlook of the current and potential Zimplats Holdings' 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. Zimplats Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.6 M |
Zimplats Holdings Technical Analysis
Zimplats Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Zimplats Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zimplats Holdings Limited. In general, you should focus on analyzing Zimplats Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Zimplats Holdings Predictive Forecast Models
Zimplats Holdings' time-series forecasting models is one of many Zimplats Holdings' 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 Zimplats Holdings' 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 Zimplats Holdings
Checking the ongoing alerts about Zimplats Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zimplats Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zimplats Holdings generated a negative expected return over the last 90 days | |
| Zimplats Holdings has high historical volatility and very poor performance | |
| About 88.0% of the company outstanding shares are owned by insiders | |
| Latest headline from insidermonkey.com: Endeavour Silver Corp. A Top Silver Mining Stock to Watch Right Now |
Other Information on Investing in Zimplats Pink Sheet
Zimplats Holdings financial ratios help investors to determine whether Zimplats 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 Zimplats with respect to the benefits of owning Zimplats Holdings security.