Pacific Bay Minerals Stock Probability of Future Stock Price Finishing Under 0.0938
| PBM Stock | CAD 0.09 0.04 80.00% |
Pacific |
Pacific Bay Target Price Odds to finish below 0.0938
The tendency of Pacific 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 stay under C$ 0.09 after 90 days |
| 0.09 | 90 days | 0.09 | close to 99 |
Based on a normal probability distribution, the odds of Pacific Bay to stay under C$ 0.09 after 90 days from now is close to 99 (This Pacific Bay Minerals probability density function shows the probability of Pacific Stock to fall within a particular range of prices over 90 days) . Probability of Pacific Bay Minerals price to stay between its current price of C$ 0.09 and C$ 0.09 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Pacific Bay Minerals has a beta of -2.21 indicating as returns on its benchmark rise, returns on holding Pacific Bay Minerals are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Pacific Bay is expected to outperform its benchmark. Moreover Pacific Bay Minerals has an alpha of 1.5397, implying that it can generate a 1.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pacific Bay Price Density |
| Price |
Predictive Modules for Pacific Bay
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacific Bay Minerals. 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.Pacific Bay Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pacific Bay is not an exception. The market had few large corrections towards the Pacific Bay'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 Pacific Bay Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pacific Bay within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.54 | |
β | Beta against Dow Jones | -2.21 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.12 |
Pacific Bay 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 Pacific Bay for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pacific Bay Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pacific Bay Minerals is way too risky over 90 days horizon | |
| Pacific Bay Minerals has some characteristics of a very speculative penny stock | |
| Pacific Bay Minerals appears to be risky and price may revert if volatility continues | |
| Pacific Bay Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Pacific Bay Minerals has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Pacific Bay Minerals has accumulated 69.85 K in total debt with debt to equity ratio (D/E) of 163.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pacific Bay Minerals has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pacific Bay until it has trouble settling it off, either with new capital or with free cash flow. So, Pacific Bay's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pacific Bay Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pacific to invest in growth at high rates of return. When we think about Pacific Bay's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.05 M) with loss before overhead, payroll, taxes, and interest of (1.2 K). | |
| Pacific Bay Minerals has accumulated about 25.92 K in cash with (46.63 K) of positive cash flow from operations. | |
| Roughly 43.0% of Pacific Bay outstanding shares are owned by corporate insiders |
Pacific Bay 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 Pacific Stock often depends not only on the future outlook of the current and potential Pacific Bay'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. Pacific Bay's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31 M |
Pacific Bay Technical Analysis
Pacific Bay's future price can be derived by breaking down and analyzing its technical indicators over time. Pacific Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pacific Bay Minerals. In general, you should focus on analyzing Pacific Stock price patterns and their correlations with different microeconomic environments and drivers.
Pacific Bay Predictive Forecast Models
Pacific Bay's time-series forecasting models is one of many Pacific Bay'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 Pacific Bay'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 Pacific Bay Minerals
Checking the ongoing alerts about Pacific Bay for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pacific Bay Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pacific Bay Minerals is way too risky over 90 days horizon | |
| Pacific Bay Minerals has some characteristics of a very speculative penny stock | |
| Pacific Bay Minerals appears to be risky and price may revert if volatility continues | |
| Pacific Bay Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Pacific Bay Minerals has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Pacific Bay Minerals has accumulated 69.85 K in total debt with debt to equity ratio (D/E) of 163.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pacific Bay Minerals has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pacific Bay until it has trouble settling it off, either with new capital or with free cash flow. So, Pacific Bay's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pacific Bay Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pacific to invest in growth at high rates of return. When we think about Pacific Bay's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.05 M) with loss before overhead, payroll, taxes, and interest of (1.2 K). | |
| Pacific Bay Minerals has accumulated about 25.92 K in cash with (46.63 K) of positive cash flow from operations. | |
| Roughly 43.0% of Pacific Bay outstanding shares are owned by corporate insiders |
Additional Tools for Pacific Stock Analysis
When running Pacific Bay's price analysis, check to measure Pacific Bay'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 Pacific Bay is operating at the current time. Most of Pacific Bay's value examination focuses on studying past and present price action to predict the probability of Pacific Bay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Bay's price. Additionally, you may evaluate how the addition of Pacific Bay to your portfolios can decrease your overall portfolio volatility.