Homeland Resources Stock Probability of Future Pink Sheet Price Finishing Under 7.0E-4
| HMLA Stock | USD 0.0002 0.00 0.00% |
Homeland |
Homeland Resources Target Price Odds to finish below 7.0E-4
The tendency of Homeland 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 stay under $ 0.0007 after 90 days |
| 0.0002 | 90 days | 0.0007 | about 65.73 |
Based on a normal probability distribution, the odds of Homeland Resources to stay under $ 0.0007 after 90 days from now is about 65.73 (This Homeland Resources probability density function shows the probability of Homeland Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Homeland Resources price to stay between its current price of $ 0.0002 and $ 0.0007 at the end of the 90-day period is about 52.7 .
Given the investment horizon of 90 days Homeland Resources has a beta of -4.28. This usually indicates as returns on its benchmark rise, returns on holding Homeland Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Homeland Resources is expected to outperform its benchmark. In addition to that Homeland Resources has an alpha of 3.361, implying that it can generate a 3.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Homeland Resources Price Density |
| Price |
Predictive Modules for Homeland Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Homeland Resources. 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.Homeland Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Homeland Resources is not an exception. The market had few large corrections towards the Homeland Resources' 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 Homeland Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Homeland Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.36 | |
β | Beta against Dow Jones | -4.28 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | 0.08 |
Homeland Resources 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 Homeland Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Homeland Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Homeland Resources is way too risky over 90 days horizon | |
| Homeland Resources has some characteristics of a very speculative penny stock | |
| Homeland Resources appears to be risky and price may revert if volatility continues | |
| Homeland Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (197.04 K) with profit before overhead, payroll, taxes, and interest of 64.52 K. | |
| Homeland Resources currently holds about 3 K in cash with (29.3 K) of positive cash flow from operations. |
Homeland Resources 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 Homeland Pink Sheet often depends not only on the future outlook of the current and potential Homeland Resources' 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. Homeland Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.8 K | |
| Cash And Short Term Investments | 4141.00 |
Homeland Resources Technical Analysis
Homeland Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Homeland Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Homeland Resources. In general, you should focus on analyzing Homeland Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Homeland Resources Predictive Forecast Models
Homeland Resources' time-series forecasting models is one of many Homeland Resources' 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 Homeland Resources' 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 Homeland Resources
Checking the ongoing alerts about Homeland Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Homeland Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Homeland Resources is way too risky over 90 days horizon | |
| Homeland Resources has some characteristics of a very speculative penny stock | |
| Homeland Resources appears to be risky and price may revert if volatility continues | |
| Homeland Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (197.04 K) with profit before overhead, payroll, taxes, and interest of 64.52 K. | |
| Homeland Resources currently holds about 3 K in cash with (29.3 K) of positive cash flow from operations. |
Other Information on Investing in Homeland Pink Sheet
Homeland Resources financial ratios help investors to determine whether Homeland 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 Homeland with respect to the benefits of owning Homeland Resources security.