Chatham Rock Phosphate Stock Probability of Future Stock Price Finishing Over 0.1
| NZP Stock | CAD 0.08 0.03 60.00% |
Chatham |
Chatham Rock Target Price Odds to finish over 0.1
The tendency of Chatham 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$ 0.10 or more in 90 days |
| 0.08 | 90 days | 0.10 | about 5.69 |
Based on a normal probability distribution, the odds of Chatham Rock to move over C$ 0.10 or more in 90 days from now is about 5.69 (This Chatham Rock Phosphate probability density function shows the probability of Chatham Stock to fall within a particular range of prices over 90 days) . Probability of Chatham Rock Phosphate price to stay between its current price of C$ 0.08 and C$ 0.10 at the end of the 90-day period is about 49.41 .
Assuming the 90 days horizon Chatham Rock Phosphate has a beta of -0.79. This indicates as returns on the benchmark increase, returns on holding Chatham Rock are expected to decrease at a much lower rate. During a bear market, however, Chatham Rock Phosphate is likely to outperform the market. Additionally Chatham Rock Phosphate has an alpha of 0.6589, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chatham Rock Price Density |
| Price |
Predictive Modules for Chatham Rock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chatham Rock Phosphate. 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.Chatham Rock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chatham Rock is not an exception. The market had few large corrections towards the Chatham Rock'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 Chatham Rock Phosphate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chatham Rock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | -0.79 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Chatham Rock 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 Chatham Rock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chatham Rock Phosphate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chatham Rock is way too risky over 90 days horizon | |
| Chatham Rock has some characteristics of a very speculative penny stock | |
| Chatham Rock appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.47 M) with profit before overhead, payroll, taxes, and interest of 5.33 K. | |
| Chatham Rock Phosphate has accumulated about 243.62 K in cash with (1.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
Chatham Rock 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 Chatham Stock often depends not only on the future outlook of the current and potential Chatham Rock's 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. Chatham Rock's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90 M | |
| Cash And Short Term Investments | 110.2 K |
Chatham Rock Technical Analysis
Chatham Rock's future price can be derived by breaking down and analyzing its technical indicators over time. Chatham Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chatham Rock Phosphate. In general, you should focus on analyzing Chatham Stock price patterns and their correlations with different microeconomic environments and drivers.
Chatham Rock Predictive Forecast Models
Chatham Rock's time-series forecasting models is one of many Chatham Rock's 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 Chatham Rock'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 stock market movement and maximize returns from investment trading.
Things to note about Chatham Rock Phosphate
Checking the ongoing alerts about Chatham Rock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chatham Rock Phosphate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chatham Rock is way too risky over 90 days horizon | |
| Chatham Rock has some characteristics of a very speculative penny stock | |
| Chatham Rock appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.47 M) with profit before overhead, payroll, taxes, and interest of 5.33 K. | |
| Chatham Rock Phosphate has accumulated about 243.62 K in cash with (1.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Chatham Stock Analysis
When running Chatham Rock's price analysis, check to measure Chatham Rock's 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 Chatham Rock is operating at the current time. Most of Chatham Rock's value examination focuses on studying past and present price action to predict the probability of Chatham Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Rock's price. Additionally, you may evaluate how the addition of Chatham Rock to your portfolios can decrease your overall portfolio volatility.