Indigo Exploration Stock Probability of Future Pink Sheet Price Finishing Under 0.0189
| IXIXF Stock | 0.03 0.01 28.44% |
Indigo |
Indigo Exploration Target Price Odds to finish below 0.0189
The tendency of Indigo 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 drop to 0.02 or more in 90 days |
| 0.03 | 90 days | 0.02 | about 44.83 |
Based on a normal probability distribution, the odds of Indigo Exploration to drop to 0.02 or more in 90 days from now is about 44.83 (This Indigo Exploration probability density function shows the probability of Indigo Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Indigo Exploration price to stay between 0.02 and its current price of 0.0289 at the end of the 90-day period is about 54.3 .
Assuming the 90 days horizon Indigo Exploration has a beta of -1.42. This usually indicates as returns on its benchmark rise, returns on holding Indigo Exploration are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Indigo Exploration is expected to outperform its benchmark. Moreover Indigo Exploration has an alpha of 1.3738, implying that it can generate a 1.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Indigo Exploration Price Density |
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Predictive Modules for Indigo Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indigo Exploration. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Indigo Exploration's 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.
Indigo Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indigo Exploration is not an exception. The market had few large corrections towards the Indigo Exploration'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 Indigo Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indigo Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.37 | |
β | Beta against Dow Jones | -1.42 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.09 |
Indigo Exploration 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 Indigo Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indigo Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Indigo Exploration is way too risky over 90 days horizon | |
| Indigo Exploration has some characteristics of a very speculative penny stock | |
| Indigo Exploration appears to be risky and price may revert if volatility continues |
Indigo Exploration Technical Analysis
Indigo Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Indigo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indigo Exploration. In general, you should focus on analyzing Indigo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Indigo Exploration Predictive Forecast Models
Indigo Exploration's time-series forecasting models is one of many Indigo Exploration's 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 Indigo Exploration'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Indigo Exploration
Checking the ongoing alerts about Indigo Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indigo Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indigo Exploration is way too risky over 90 days horizon | |
| Indigo Exploration has some characteristics of a very speculative penny stock | |
| Indigo Exploration appears to be risky and price may revert if volatility continues |