Conifex Timber Stock Probability of Future Stock Price Finishing Over 5.52
| CFF Stock | CAD 0.40 0.02 4.76% |
Conifex |
Conifex Timber Target Price Odds to finish over 5.52
The tendency of Conifex 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 over C$ 5.52 or more in 90 days |
| 0.40 | 90 days | 5.52 | close to zero percent |
Based on a normal probability distribution, the odds of Conifex Timber to move over C$ 5.52 or more in 90 days from now is close to zero percent (This Conifex Timber probability density function shows the probability of Conifex Stock to fall within a particular range of prices over 90 days) . Probability of Conifex Timber price to stay between its current price of C$ 0.40 and C$ 5.52 at the end of the 90-day period is about 69.88 .
Assuming the 90 days trading horizon Conifex Timber has a beta of -1.42 suggesting as returns on its benchmark rise, returns on holding Conifex Timber are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Conifex Timber is expected to outperform its benchmark. Additionally Conifex Timber has an alpha of 0.313, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Conifex Timber Price Density |
| Price |
Predictive Modules for Conifex Timber
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Conifex Timber. 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.Conifex Timber Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Conifex Timber is not an exception. The market had few large corrections towards the Conifex Timber'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 Conifex Timber, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Conifex Timber within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -1.42 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.01 |
Conifex Timber 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 Conifex Timber for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Conifex Timber can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Conifex Timber had very high historical volatility over the last 90 days | |
| Conifex Timber has some characteristics of a very speculative penny stock | |
| Conifex Timber has a very high chance of going through financial distress in the upcoming years | |
| Conifex Timber has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Conifex Timber has accumulated 63.85 M in total debt with debt to equity ratio (D/E) of 95.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Conifex Timber has a current ratio of 0.87, 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 Conifex Timber until it has trouble settling it off, either with new capital or with free cash flow. So, Conifex Timber'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 Conifex Timber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conifex to invest in growth at high rates of return. When we think about Conifex Timber's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 141.16 M. Net Loss for the year was (30.63 M) with profit before overhead, payroll, taxes, and interest of 75.15 M. | |
| Latest headline from news.google.com: Conifex Timber Third Quarter 2024 Earnings CA0.09 loss per share - Yahoo Finance |
Conifex Timber 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 Conifex Stock often depends not only on the future outlook of the current and potential Conifex Timber'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. Conifex Timber's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40 M | |
| Cash And Short Term Investments | 4.2 M |
Conifex Timber Technical Analysis
Conifex Timber's future price can be derived by breaking down and analyzing its technical indicators over time. Conifex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Conifex Timber. In general, you should focus on analyzing Conifex Stock price patterns and their correlations with different microeconomic environments and drivers.
Conifex Timber Predictive Forecast Models
Conifex Timber's time-series forecasting models is one of many Conifex Timber'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 Conifex Timber'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 Conifex Timber
Checking the ongoing alerts about Conifex Timber for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Conifex Timber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Conifex Timber had very high historical volatility over the last 90 days | |
| Conifex Timber has some characteristics of a very speculative penny stock | |
| Conifex Timber has a very high chance of going through financial distress in the upcoming years | |
| Conifex Timber has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Conifex Timber has accumulated 63.85 M in total debt with debt to equity ratio (D/E) of 95.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Conifex Timber has a current ratio of 0.87, 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 Conifex Timber until it has trouble settling it off, either with new capital or with free cash flow. So, Conifex Timber'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 Conifex Timber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conifex to invest in growth at high rates of return. When we think about Conifex Timber's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 141.16 M. Net Loss for the year was (30.63 M) with profit before overhead, payroll, taxes, and interest of 75.15 M. | |
| Latest headline from news.google.com: Conifex Timber Third Quarter 2024 Earnings CA0.09 loss per share - Yahoo Finance |
Other Information on Investing in Conifex Stock
Conifex Timber financial ratios help investors to determine whether Conifex Stock 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 Conifex with respect to the benefits of owning Conifex Timber security.