Zonte Metals Stock Probability of Future Stock Price Finishing Under 0.064
| ZON Stock | CAD 0.07 0.01 16.67% |
Zonte |
Zonte Metals Target Price Odds to finish below 0.064
The tendency of Zonte 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$ 0.06 or more in 90 days |
| 0.07 | 90 days | 0.06 | about 30.26 |
Based on a normal probability distribution, the odds of Zonte Metals to drop to C$ 0.06 or more in 90 days from now is about 30.26 (This Zonte Metals probability density function shows the probability of Zonte Stock to fall within a particular range of prices over 90 days) . Probability of Zonte Metals price to stay between C$ 0.06 and its current price of C$0.07 at the end of the 90-day period is about 16.48 .
Assuming the 90 days horizon Zonte Metals has a beta of 0.15. This usually means as returns on the market go up, Zonte Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zonte Metals will be expected to be much smaller as well. Additionally Zonte Metals 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. Zonte Metals Price Density |
| Price |
Predictive Modules for Zonte Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zonte Metals. 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.Zonte Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zonte Metals is not an exception. The market had few large corrections towards the Zonte Metals' 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 Zonte Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zonte Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Zonte Metals 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 Zonte Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zonte Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zonte Metals generated a negative expected return over the last 90 days | |
| Zonte Metals has high historical volatility and very poor performance | |
| Zonte Metals has some characteristics of a very speculative penny stock | |
| Zonte Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (63.87 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Zonte Metals has accumulated about 480.4 K in cash with (236.39 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Zonte Metals 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 Zonte Stock often depends not only on the future outlook of the current and potential Zonte Metals' 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. Zonte Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.2 M |
Zonte Metals Technical Analysis
Zonte Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Zonte Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zonte Metals. In general, you should focus on analyzing Zonte Stock price patterns and their correlations with different microeconomic environments and drivers.
Zonte Metals Predictive Forecast Models
Zonte Metals' time-series forecasting models is one of many Zonte Metals' 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 Zonte Metals' 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 Zonte Metals
Checking the ongoing alerts about Zonte Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zonte Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zonte Metals generated a negative expected return over the last 90 days | |
| Zonte Metals has high historical volatility and very poor performance | |
| Zonte Metals has some characteristics of a very speculative penny stock | |
| Zonte Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (63.87 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Zonte Metals has accumulated about 480.4 K in cash with (236.39 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Additional Tools for Zonte Stock Analysis
When running Zonte Metals' price analysis, check to measure Zonte Metals' 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 Zonte Metals is operating at the current time. Most of Zonte Metals' value examination focuses on studying past and present price action to predict the probability of Zonte Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zonte Metals' price. Additionally, you may evaluate how the addition of Zonte Metals to your portfolios can decrease your overall portfolio volatility.