Polymet Mining Corp Probability of Future Stock Price Finishing Under 1.59
| PLMDelisted Stock | USD 2.08 0.00 0.00% |
Polymet |
Polymet Mining Target Price Odds to finish below 1.59
The tendency of Polymet 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 drop to $ 1.59 or more in 90 days |
| 2.08 | 90 days | 1.59 | about 56.1 |
Based on a normal probability distribution, the odds of Polymet Mining to drop to $ 1.59 or more in 90 days from now is about 56.1 (This Polymet Mining Corp probability density function shows the probability of Polymet Stock to fall within a particular range of prices over 90 days) . Probability of Polymet Mining Corp price to stay between $ 1.59 and its current price of $2.08 at the end of the 90-day period is about 33.15 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.68 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Polymet Mining will likely underperform. Additionally Polymet Mining Corp has an alpha of 0.7573, implying that it can generate a 0.76 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Polymet Mining Price Density |
| Price |
Predictive Modules for Polymet Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Polymet Mining Corp. 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.Polymet Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Polymet Mining is not an exception. The market had few large corrections towards the Polymet Mining'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 Polymet Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Polymet Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.76 | |
β | Beta against Dow Jones | 3.68 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.05 |
Polymet Mining 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 Polymet Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Polymet Mining Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Polymet Mining Corp is not yet fully synchronised with the market data | |
| Polymet Mining Corp has a very high chance of going through financial distress in the upcoming years | |
| Polymet Mining Corp has 94.72 M in debt with debt to equity (D/E) ratio of 0.21, which may show that the company is not taking advantage of profits from borrowing. Polymet Mining Corp has a current ratio of 0.12, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Polymet to invest in growth at high rates of return. | |
| Reported Net Loss for the year was (34.09 M) with loss before taxes, overhead, and interest of (3.97 M). | |
| Polymet Mining Corp has about 7.67 M in cash with (15.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 82.0% of Polymet Mining outstanding shares are owned by corporate insiders |
Polymet Mining 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 Polymet Stock often depends not only on the future outlook of the current and potential Polymet Mining'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. Polymet Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.9 M | |
| Cash And Short Term Investments | 11 M |
Polymet Mining Technical Analysis
Polymet Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Polymet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Polymet Mining Corp. In general, you should focus on analyzing Polymet Stock price patterns and their correlations with different microeconomic environments and drivers.
Polymet Mining Predictive Forecast Models
Polymet Mining's time-series forecasting models is one of many Polymet Mining'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 Polymet Mining'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 Polymet Mining Corp
Checking the ongoing alerts about Polymet Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Polymet Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Polymet Mining Corp is not yet fully synchronised with the market data | |
| Polymet Mining Corp has a very high chance of going through financial distress in the upcoming years | |
| Polymet Mining Corp has 94.72 M in debt with debt to equity (D/E) ratio of 0.21, which may show that the company is not taking advantage of profits from borrowing. Polymet Mining Corp has a current ratio of 0.12, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Polymet to invest in growth at high rates of return. | |
| Reported Net Loss for the year was (34.09 M) with loss before taxes, overhead, and interest of (3.97 M). | |
| Polymet Mining Corp has about 7.67 M in cash with (15.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 82.0% of Polymet Mining outstanding shares are owned by corporate insiders |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Polymet Stock
If you are still planning to invest in Polymet Mining Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Polymet Mining's history and understand the potential risks before investing.
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