Equity Metals Corp Stock Probability of Future Stock Price Finishing Under 0.22
| EQTY Stock | CAD 0.20 0.01 4.76% |
Equity |
Equity Metals Target Price Odds to finish below 0.22
The tendency of Equity 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 stay under C$ 0.22 after 90 days |
| 0.20 | 90 days | 0.22 | about 49.89 |
Based on a normal probability distribution, the odds of Equity Metals to stay under C$ 0.22 after 90 days from now is about 49.89 (This Equity Metals Corp probability density function shows the probability of Equity Stock to fall within a particular range of prices over 90 days) . Probability of Equity Metals Corp price to stay between its current price of C$ 0.20 and C$ 0.22 at the end of the 90-day period is about 22.96 .
Assuming the 90 days trading horizon Equity Metals has a beta of 0.41 suggesting as returns on the market go up, Equity Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equity Metals Corp will be expected to be much smaller as well. Additionally Equity 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. Equity Metals Price Density |
| Price |
Predictive Modules for Equity 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 Equity 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equity Metals' 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.
Equity Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Equity Metals is not an exception. The market had few large corrections towards the Equity 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 Equity Metals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equity Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.01 |
Equity 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 Equity Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Equity 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.| Equity Metals Corp had very high historical volatility over the last 90 days | |
| Equity Metals Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.91 M) with loss before overhead, payroll, taxes, and interest of (46.03 K). | |
| Equity Metals Corp has accumulated about 3.18 M in cash with (2.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Equity 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 Equity Stock often depends not only on the future outlook of the current and potential Equity 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. Equity Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 148 M | |
| Shares Float | 172.7 M |
Equity Metals Technical Analysis
Equity Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Equity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equity Metals Corp. In general, you should focus on analyzing Equity Stock price patterns and their correlations with different microeconomic environments and drivers.
Equity Metals Predictive Forecast Models
Equity Metals' time-series forecasting models is one of many Equity 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 Equity 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 Equity Metals Corp
Checking the ongoing alerts about Equity Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Equity Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Equity Metals Corp had very high historical volatility over the last 90 days | |
| Equity Metals Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.91 M) with loss before overhead, payroll, taxes, and interest of (46.03 K). | |
| Equity Metals Corp has accumulated about 3.18 M in cash with (2.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Additional Tools for Equity Stock Analysis
When running Equity Metals' price analysis, check to measure Equity 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 Equity Metals is operating at the current time. Most of Equity Metals' value examination focuses on studying past and present price action to predict the probability of Equity Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Metals' price. Additionally, you may evaluate how the addition of Equity Metals to your portfolios can decrease your overall portfolio volatility.