Rochester Resources Stock Probability of Future Stock Price Finishing Over 33.49
| RCT Stock | CAD 0.01 0.01 25.00% |
Rochester |
Rochester Resources Target Price Odds to finish over 33.49
The tendency of Rochester 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$ 33.49 or more in 90 days |
| 0.01 | 90 days | 33.49 | close to zero percent |
Based on a normal probability distribution, the odds of Rochester Resources to move over C$ 33.49 or more in 90 days from now is close to zero percent (This Rochester Resources probability density function shows the probability of Rochester Stock to fall within a particular range of prices over 90 days) . Probability of Rochester Resources price to stay between its current price of C$ 0.01 and C$ 33.49 at the end of the 90-day period is about 97.0 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.92 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, Rochester Resources will likely underperform. Additionally Rochester Resources has an alpha of 0.0737, implying that it can generate a 0.0737 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rochester Resources Price Density |
| Price |
Predictive Modules for Rochester 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 Rochester Resources. 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.Rochester Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rochester Resources is not an exception. The market had few large corrections towards the Rochester 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 Rochester Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rochester Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.92 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.01 |
Rochester 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 Rochester Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rochester 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.| Rochester Resources had very high historical volatility over the last 90 days | |
| Rochester Resources has some characteristics of a very speculative penny stock | |
| Rochester Resources has a very high chance of going through financial distress in the upcoming years | |
| Rochester Resources has accumulated 589.85 K in total debt with debt to equity ratio (D/E) of 9.51, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Rochester Resources has a current ratio of 0.11, 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 Rochester Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Rochester Resources' 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 Rochester Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rochester to invest in growth at high rates of return. When we think about Rochester Resources' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.63 M. Net Loss for the year was (5.15 M) with loss before overhead, payroll, taxes, and interest of (1.33 M). | |
| About 59.0% of Rochester Resources outstanding shares are owned by corporate insiders |
Rochester 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 Rochester Stock often depends not only on the future outlook of the current and potential Rochester 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. Rochester Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.1 M |
Rochester Resources Technical Analysis
Rochester Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Rochester Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rochester Resources. In general, you should focus on analyzing Rochester Stock price patterns and their correlations with different microeconomic environments and drivers.
Rochester Resources Predictive Forecast Models
Rochester Resources' time-series forecasting models is one of many Rochester Resources' 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 Rochester 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 stock market movement and maximize returns from investment trading.
Things to note about Rochester Resources
Checking the ongoing alerts about Rochester Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rochester Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rochester Resources had very high historical volatility over the last 90 days | |
| Rochester Resources has some characteristics of a very speculative penny stock | |
| Rochester Resources has a very high chance of going through financial distress in the upcoming years | |
| Rochester Resources has accumulated 589.85 K in total debt with debt to equity ratio (D/E) of 9.51, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Rochester Resources has a current ratio of 0.11, 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 Rochester Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Rochester Resources' 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 Rochester Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rochester to invest in growth at high rates of return. When we think about Rochester Resources' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.63 M. Net Loss for the year was (5.15 M) with loss before overhead, payroll, taxes, and interest of (1.33 M). | |
| About 59.0% of Rochester Resources outstanding shares are owned by corporate insiders |
Additional Tools for Rochester Stock Analysis
When running Rochester Resources' price analysis, check to measure Rochester Resources' 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 Rochester Resources is operating at the current time. Most of Rochester Resources' value examination focuses on studying past and present price action to predict the probability of Rochester Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rochester Resources' price. Additionally, you may evaluate how the addition of Rochester Resources to your portfolios can decrease your overall portfolio volatility.