Atlas Salt Stock Probability of Future Stock Price Finishing Over 2.50
| SALT Stock | 0.60 0.03 4.76% |
Atlas |
Atlas Salt Target Price Odds to finish over 2.50
The tendency of Atlas 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 2.50 or more in 90 days |
| 0.60 | 90 days | 2.50 | close to zero percent |
Based on a normal probability distribution, the odds of Atlas Salt to move over 2.50 or more in 90 days from now is close to zero percent (This Atlas Salt probability density function shows the probability of Atlas Stock to fall within a particular range of prices over 90 days) . Probability of Atlas Salt price to stay between its current price of 0.60 and 2.50 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Atlas Salt has a beta of 0.17. This usually implies as returns on the market go up, Atlas Salt average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atlas Salt will be expected to be much smaller as well. Additionally Atlas Salt has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Atlas Salt Price Density |
| Price |
Predictive Modules for Atlas Salt
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atlas Salt. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atlas Salt's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Atlas Salt Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atlas Salt is not an exception. The market had few large corrections towards the Atlas Salt'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 Atlas Salt, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atlas Salt within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.11 |
Atlas Salt 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 Atlas Salt for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atlas Salt can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atlas Salt generated a negative expected return over the last 90 days | |
| Atlas Salt has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Atlas Salt generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Atlas Salt Taps Endeavour Financial to Secure 400M for Major Salt Project, Signs Key Supply Deal - StockTitan |
Atlas Salt 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 Atlas Stock often depends not only on the future outlook of the current and potential Atlas Salt'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. Atlas Salt's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 94.8 M |
Atlas Salt Technical Analysis
Atlas Salt's future price can be derived by breaking down and analyzing its technical indicators over time. Atlas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlas Salt. In general, you should focus on analyzing Atlas Stock price patterns and their correlations with different microeconomic environments and drivers.
Atlas Salt Predictive Forecast Models
Atlas Salt's time-series forecasting models is one of many Atlas Salt'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 Atlas Salt'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 Atlas Salt
Checking the ongoing alerts about Atlas Salt for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atlas Salt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atlas Salt generated a negative expected return over the last 90 days | |
| Atlas Salt has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Atlas Salt generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Atlas Salt Taps Endeavour Financial to Secure 400M for Major Salt Project, Signs Key Supply Deal - StockTitan |
Additional Tools for Atlas Stock Analysis
When running Atlas Salt's price analysis, check to measure Atlas Salt'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 Atlas Salt is operating at the current time. Most of Atlas Salt's value examination focuses on studying past and present price action to predict the probability of Atlas Salt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Salt's price. Additionally, you may evaluate how the addition of Atlas Salt to your portfolios can decrease your overall portfolio volatility.