Mirasol Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.31
| MRZLF Stock | USD 0.31 0.01 3.33% |
Mirasol |
Mirasol Resources Target Price Odds to finish over 0.31
The tendency of Mirasol 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 move above the current price in 90 days |
| 0.31 | 90 days | 0.31 | about 63.67 |
Based on a normal probability distribution, the odds of Mirasol Resources to move above the current price in 90 days from now is about 63.67 (This Mirasol Resources probability density function shows the probability of Mirasol Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Mirasol Resources has a beta of 0.21. This indicates as returns on the market go up, Mirasol Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mirasol Resources will be expected to be much smaller as well. Additionally Mirasol Resources has an alpha of 0.0292, implying that it can generate a 0.0292 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mirasol Resources Price Density |
| Price |
Predictive Modules for Mirasol 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 Mirasol 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.Mirasol Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mirasol Resources is not an exception. The market had few large corrections towards the Mirasol 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 Mirasol Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mirasol Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.01 |
Mirasol 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 Mirasol Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mirasol 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.| Mirasol Resources generated a negative expected return over the last 90 days | |
| Mirasol Resources has high historical volatility and very poor performance | |
| Mirasol Resources has some characteristics of a very speculative penny stock | |
| Mirasol Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.08 M) with profit before overhead, payroll, taxes, and interest of 496.7 K. | |
| Mirasol Resources has accumulated about 6.42 M in cash with (5.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
Mirasol 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 Mirasol Pink Sheet often depends not only on the future outlook of the current and potential Mirasol 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. Mirasol Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54 M |
Mirasol Resources Technical Analysis
Mirasol Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Mirasol Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mirasol Resources. In general, you should focus on analyzing Mirasol Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Mirasol Resources Predictive Forecast Models
Mirasol Resources' time-series forecasting models is one of many Mirasol 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 Mirasol 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 Mirasol Resources
Checking the ongoing alerts about Mirasol Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mirasol Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mirasol Resources generated a negative expected return over the last 90 days | |
| Mirasol Resources has high historical volatility and very poor performance | |
| Mirasol Resources has some characteristics of a very speculative penny stock | |
| Mirasol Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.08 M) with profit before overhead, payroll, taxes, and interest of 496.7 K. | |
| Mirasol Resources has accumulated about 6.42 M in cash with (5.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Mirasol Pink Sheet
Mirasol Resources financial ratios help investors to determine whether Mirasol 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 Mirasol with respect to the benefits of owning Mirasol Resources security.