Hercules Metals Corp Stock Probability of Future Stock Price Finishing Over 0.54
| BIG Stock | CAD 0.54 0.03 5.26% |
Hercules |
Hercules Metals Target Price Odds to finish over 0.54
The tendency of Hercules 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 |
| 0.54 | 90 days | 0.54 | about 73.06 |
Based on a normal probability distribution, the odds of Hercules Metals to move above the current price in 90 days from now is about 73.06 (This Hercules Metals Corp probability density function shows the probability of Hercules Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Hercules Metals has a beta of 0.79 suggesting as returns on the market go up, Hercules Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hercules Metals Corp will be expected to be much smaller as well. Additionally Hercules Metals Corp 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. Hercules Metals Price Density |
| Price |
Predictive Modules for Hercules 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 Hercules Metals Corp. 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.Hercules Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hercules Metals is not an exception. The market had few large corrections towards the Hercules 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 Hercules Metals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hercules Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.02 |
Hercules 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 Hercules Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hercules Metals Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hercules Metals Corp had very high historical volatility over the last 90 days | |
| Hercules Metals Corp has some characteristics of a very speculative penny stock | |
| Hercules Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (9.69 M) with loss before overhead, payroll, taxes, and interest of (5.35 M). | |
| Hercules Metals Corp has accumulated about 1.52 M in cash with (9.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stifel Canada Lowers Earnings Estimates for Talon Metals - MarketBeat |
Hercules 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 Hercules Stock often depends not only on the future outlook of the current and potential Hercules 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. Hercules Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 231.1 M |
Hercules Metals Technical Analysis
Hercules Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Hercules Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hercules Metals Corp. In general, you should focus on analyzing Hercules Stock price patterns and their correlations with different microeconomic environments and drivers.
Hercules Metals Predictive Forecast Models
Hercules Metals' time-series forecasting models is one of many Hercules 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 Hercules 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 Hercules Metals Corp
Checking the ongoing alerts about Hercules Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hercules Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hercules Metals Corp had very high historical volatility over the last 90 days | |
| Hercules Metals Corp has some characteristics of a very speculative penny stock | |
| Hercules Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (9.69 M) with loss before overhead, payroll, taxes, and interest of (5.35 M). | |
| Hercules Metals Corp has accumulated about 1.52 M in cash with (9.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stifel Canada Lowers Earnings Estimates for Talon Metals - MarketBeat |
Additional Tools for Hercules Stock Analysis
When running Hercules Metals' price analysis, check to measure Hercules 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 Hercules Metals is operating at the current time. Most of Hercules Metals' value examination focuses on studying past and present price action to predict the probability of Hercules Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Metals' price. Additionally, you may evaluate how the addition of Hercules Metals to your portfolios can decrease your overall portfolio volatility.