Precious Metals And Stock Probability of Future Stock Price Finishing Over 8.11
| MMP-UN Stock | CAD 1.76 0.03 1.73% |
Precious |
Precious Metals Target Price Odds to finish over 8.11
The tendency of Precious 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$ 8.11 or more in 90 days |
| 1.76 | 90 days | 8.11 | close to zero percent |
Based on a normal probability distribution, the odds of Precious Metals to move over C$ 8.11 or more in 90 days from now is close to zero percent (This Precious Metals And probability density function shows the probability of Precious Stock to fall within a particular range of prices over 90 days) . Probability of Precious Metals And price to stay between its current price of C$ 1.76 and C$ 8.11 at the end of the 90-day period is about 90.66 .
Assuming the 90 days trading horizon Precious Metals has a beta of 0.22. This indicates as returns on the market go up, Precious Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Precious Metals And will be expected to be much smaller as well. Additionally Precious Metals And 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. Precious Metals Price Density |
| Price |
Predictive Modules for Precious 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 Precious Metals And. 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 Precious 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.
Precious Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Precious Metals is not an exception. The market had few large corrections towards the Precious 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 Precious Metals And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Precious Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.06 |
Precious 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 Precious Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Precious Metals And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Precious Metals And generated a negative expected return over the last 90 days | |
| Precious Metals And may become a speculative penny stock | |
| The company reported the revenue of 159 K. Net Loss for the year was (348 K) with profit before overhead, payroll, taxes, and interest of 177 K. | |
| Latest headline from news.google.com: Toronto Dominion Bank Has 53.53 Million Stock Position in Wheaton Precious Metals Corp. - MarketBeat |
Precious 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 Precious Stock often depends not only on the future outlook of the current and potential Precious 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. Precious Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.4 M | |
| Dividends Paid | 1.4 M | |
| Cash And Short Term Investments | 19.7 M | |
| Forward Annual Dividend Rate | 0.12 |
Precious Metals Technical Analysis
Precious Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Precious Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Precious Metals And. In general, you should focus on analyzing Precious Stock price patterns and their correlations with different microeconomic environments and drivers.
Precious Metals Predictive Forecast Models
Precious Metals' time-series forecasting models is one of many Precious 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 Precious 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 Precious Metals And
Checking the ongoing alerts about Precious Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Precious Metals And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Precious Metals And generated a negative expected return over the last 90 days | |
| Precious Metals And may become a speculative penny stock | |
| The company reported the revenue of 159 K. Net Loss for the year was (348 K) with profit before overhead, payroll, taxes, and interest of 177 K. | |
| Latest headline from news.google.com: Toronto Dominion Bank Has 53.53 Million Stock Position in Wheaton Precious Metals Corp. - MarketBeat |
Other Information on Investing in Precious Stock
Precious Metals financial ratios help investors to determine whether Precious 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 Precious with respect to the benefits of owning Precious Metals security.