Clean Air Metals Stock Probability of Future Stock Price Finishing Over 0.05
| AIR Stock | 0.05 0.01 9.09% |
Clean |
Clean Air Target Price Odds to finish over 0.05
The tendency of Clean 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 move above the current price in 90 days |
| 0.05 | 90 days | 0.05 | more than 93.0 |
Based on a normal probability distribution, the odds of Clean Air to move above the current price in 90 days from now is more than 93.0 (This Clean Air Metals probability density function shows the probability of Clean Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Clean Air Metals has a beta of -0.58. This suggests as returns on the benchmark increase, returns on holding Clean Air are expected to decrease at a much lower rate. During a bear market, however, Clean Air Metals is likely to outperform the market. Moreover Clean Air Metals has an alpha of 1.1578, implying that it can generate a 1.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Clean Air Price Density |
| Price |
Predictive Modules for Clean Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clean Air 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.Clean Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Clean Air is not an exception. The market had few large corrections towards the Clean Air'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 Clean Air Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Clean Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.16 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Clean Air 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 Clean Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Clean Air 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.| Clean Air Metals generated a negative expected return over the last 90 days | |
| Clean Air Metals has high historical volatility and very poor performance | |
| Clean Air Metals has some characteristics of a very speculative penny stock | |
| Clean Air Metals has a very high chance of going through financial distress in the upcoming years | |
| Clean Air Metals has accumulated 3.48 M in total debt. Clean Air Metals has a current ratio of 0.14, 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 Clean Air until it has trouble settling it off, either with new capital or with free cash flow. So, Clean Air'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 Clean Air Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clean to invest in growth at high rates of return. When we think about Clean Air's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.53 M) with loss before overhead, payroll, taxes, and interest of (10.98 K). | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: 3 TSX Penny Stocks With Market Caps Over CA10M - Yahoo Finance |
Clean Air 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 Clean Stock often depends not only on the future outlook of the current and potential Clean Air'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. Clean Air's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 224 M |
Clean Air Technical Analysis
Clean Air's future price can be derived by breaking down and analyzing its technical indicators over time. Clean Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Clean Air Metals. In general, you should focus on analyzing Clean Stock price patterns and their correlations with different microeconomic environments and drivers.
Clean Air Predictive Forecast Models
Clean Air's time-series forecasting models is one of many Clean Air'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 Clean Air'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 Clean Air Metals
Checking the ongoing alerts about Clean Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Clean Air Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Clean Air Metals generated a negative expected return over the last 90 days | |
| Clean Air Metals has high historical volatility and very poor performance | |
| Clean Air Metals has some characteristics of a very speculative penny stock | |
| Clean Air Metals has a very high chance of going through financial distress in the upcoming years | |
| Clean Air Metals has accumulated 3.48 M in total debt. Clean Air Metals has a current ratio of 0.14, 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 Clean Air until it has trouble settling it off, either with new capital or with free cash flow. So, Clean Air'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 Clean Air Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clean to invest in growth at high rates of return. When we think about Clean Air's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.53 M) with loss before overhead, payroll, taxes, and interest of (10.98 K). | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: 3 TSX Penny Stocks With Market Caps Over CA10M - Yahoo Finance |
Additional Tools for Clean Stock Analysis
When running Clean Air's price analysis, check to measure Clean Air'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 Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.