Copaur Minerals Stock Probability of Future Stock Price Finishing Over 0.19
| CPAU Stock | CAD 0.10 0.01 9.09% |
Copaur |
Copaur Minerals Target Price Odds to finish over 0.19
The tendency of Copaur 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$ 0.19 or more in 90 days |
| 0.10 | 90 days | 0.19 | under 4 |
Based on a normal probability distribution, the odds of Copaur Minerals to move over C$ 0.19 or more in 90 days from now is under 4 (This Copaur Minerals probability density function shows the probability of Copaur Stock to fall within a particular range of prices over 90 days) . Probability of Copaur Minerals price to stay between its current price of C$ 0.10 and C$ 0.19 at the end of the 90-day period is about 90.24 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.58 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Copaur Minerals will likely underperform. 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 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Copaur Minerals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 | -0.56 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.09 |
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 | |
| Net Loss for the year was (2.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Copaur Minerals has accumulated about 496.45 K in cash with (951.72 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
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 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 | 54.1 M | |
| Cash And Short Term Investments | 1.9 M |
Copaur Minerals Technical Analysis
Copaur Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Copaur 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 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' 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 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 | |
| Net Loss for the year was (2.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Copaur Minerals has accumulated about 496.45 K in cash with (951.72 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Additional Tools for Copaur Stock Analysis
When running Copaur Minerals' price analysis, check to measure Copaur Minerals' 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 Copaur Minerals is operating at the current time. Most of Copaur Minerals' value examination focuses on studying past and present price action to predict the probability of Copaur Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copaur Minerals' price. Additionally, you may evaluate how the addition of Copaur Minerals to your portfolios can decrease your overall portfolio volatility.