Copaur Minerals Stock Probability of Future OTC Stock Price Finishing Under 0.00
| COPAF Stock | USD 0.08 0.01 5.95% |
CopAur |
CopAur Minerals Target Price Odds to finish below 0.00
The tendency of CopAur OTC 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 $ 0.00 or more in 90 days |
| 0.08 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of CopAur Minerals to drop to $ 0.00 or more in 90 days from now is near 1 (This CopAur Minerals probability density function shows the probability of CopAur OTC Stock to fall within a particular range of prices over 90 days) . Probability of CopAur Minerals price to stay between $ 0.00 and its current price of $0.079 at the end of the 90-day period is about 5.59 .
Assuming the 90 days horizon CopAur Minerals has a beta of -0.73 suggesting as returns on the benchmark increase, returns on holding CopAur Minerals are expected to decrease at a much lower rate. During a bear market, however, CopAur Minerals is likely to outperform the market. Additionally CopAur Minerals 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. CopAur Minerals Price Density |
| Price |
Predictive Modules for CopAur Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CopAur Minerals. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.CopAur Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CopAur Minerals is not an exception. The market had few large corrections towards the CopAur Minerals' 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 CopAur Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CopAur Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.05 |
CopAur Minerals 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 CopAur Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CopAur Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CopAur Minerals generated a negative expected return over the last 90 days | |
| CopAur Minerals has high historical volatility and very poor performance | |
| CopAur Minerals has some characteristics of a very speculative penny stock | |
| CopAur Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.35 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CopAur Minerals has accumulated about 5.14 M in cash with (1.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Academy Sports Outdoors Reports Third Quarter 2024 Results |
CopAur Minerals 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 CopAur OTC Stock often depends not only on the future outlook of the current and potential CopAur Minerals' 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. CopAur Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.9 M |
CopAur Minerals Technical Analysis
CopAur Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. CopAur OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CopAur Minerals. In general, you should focus on analyzing CopAur OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
CopAur Minerals Predictive Forecast Models
CopAur Minerals' time-series forecasting models is one of many CopAur Minerals' otc 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 CopAur Minerals' 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 otc stock market movement and maximize returns from investment trading.
Things to note about CopAur Minerals
Checking the ongoing alerts about CopAur Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CopAur Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CopAur Minerals generated a negative expected return over the last 90 days | |
| CopAur Minerals has high historical volatility and very poor performance | |
| CopAur Minerals has some characteristics of a very speculative penny stock | |
| CopAur Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.35 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CopAur Minerals has accumulated about 5.14 M in cash with (1.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Academy Sports Outdoors Reports Third Quarter 2024 Results |
Other Information on Investing in CopAur OTC Stock
CopAur Minerals financial ratios help investors to determine whether CopAur OTC 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 CopAur with respect to the benefits of owning CopAur Minerals security.