Cruz Cobalt Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.0278
| BKTPF Stock | USD 0.02 0 4.31% |
Cruz |
Cruz Cobalt Target Price Odds to finish over 0.0278
The tendency of Cruz 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 move over $ 0.03 or more in 90 days |
| 0.02 | 90 days | 0.03 | about 76.13 |
Based on a normal probability distribution, the odds of Cruz Cobalt to move over $ 0.03 or more in 90 days from now is about 76.13 (This Cruz Cobalt Corp probability density function shows the probability of Cruz Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Cruz Cobalt Corp price to stay between its current price of $ 0.02 and $ 0.03 at the end of the 90-day period is about 20.63 .
Assuming the 90 days horizon Cruz Cobalt Corp has a beta of -0.75 suggesting as returns on the benchmark increase, returns on holding Cruz Cobalt are expected to decrease at a much lower rate. During a bear market, however, Cruz Cobalt Corp is likely to outperform the market. Additionally Cruz Cobalt Corp has an alpha of 0.1505, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cruz Cobalt Price Density |
| Price |
Predictive Modules for Cruz Cobalt
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cruz Cobalt Corp. 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.Cruz Cobalt Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cruz Cobalt is not an exception. The market had few large corrections towards the Cruz Cobalt'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 Cruz Cobalt Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cruz Cobalt within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.0077 |
Cruz Cobalt 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 Cruz Cobalt for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cruz Cobalt 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.| Cruz Cobalt Corp generated a negative expected return over the last 90 days | |
| Cruz Cobalt Corp has high historical volatility and very poor performance | |
| Cruz Cobalt Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cruz Cobalt Corp has accumulated about 407.65 K in cash with (515.79 K) of positive cash flow from operations. |
Cruz Cobalt 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 Cruz Pink Sheet often depends not only on the future outlook of the current and potential Cruz Cobalt'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. Cruz Cobalt's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 112.7 M |
Cruz Cobalt Technical Analysis
Cruz Cobalt's future price can be derived by breaking down and analyzing its technical indicators over time. Cruz Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cruz Cobalt Corp. In general, you should focus on analyzing Cruz Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Cruz Cobalt Predictive Forecast Models
Cruz Cobalt's time-series forecasting models is one of many Cruz Cobalt's 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 Cruz Cobalt'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Cruz Cobalt Corp
Checking the ongoing alerts about Cruz Cobalt for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cruz Cobalt Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cruz Cobalt Corp generated a negative expected return over the last 90 days | |
| Cruz Cobalt Corp has high historical volatility and very poor performance | |
| Cruz Cobalt Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cruz Cobalt Corp has accumulated about 407.65 K in cash with (515.79 K) of positive cash flow from operations. |
Other Information on Investing in Cruz Pink Sheet
Cruz Cobalt financial ratios help investors to determine whether Cruz 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 Cruz with respect to the benefits of owning Cruz Cobalt security.