Signature Resources Stock Probability of Future Stock Price Finishing Under 0.06
| SGU Stock | CAD 0.03 0.00 0.00% |
Signature |
Signature Resources Target Price Odds to finish below 0.06
The tendency of Signature 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$ 0.06 after 90 days |
| 0.03 | 90 days | 0.06 | about 98.0 |
Based on a normal probability distribution, the odds of Signature Resources to stay under C$ 0.06 after 90 days from now is about 98.0 (This Signature Resources probability density function shows the probability of Signature Stock to fall within a particular range of prices over 90 days) . Probability of Signature Resources price to stay between its current price of C$ 0.03 and C$ 0.06 at the end of the 90-day period is about 90.33 .
Assuming the 90 days horizon Signature Resources has a beta of 0.5. This usually implies as returns on the market go up, Signature Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Signature Resources will be expected to be much smaller as well. Additionally Signature Resources 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. Signature Resources Price Density |
| Price |
Predictive Modules for Signature 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 Signature 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.Signature Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Signature Resources is not an exception. The market had few large corrections towards the Signature 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 Signature Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Signature Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.67 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.08 |
Signature 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 Signature Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Signature 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.| Signature Resources generated a negative expected return over the last 90 days | |
| Signature Resources has high historical volatility and very poor performance | |
| Signature Resources has some characteristics of a very speculative penny stock | |
| Signature Resources has a very high chance of going through financial distress in the upcoming years | |
| Signature Resources has accumulated 1.91 M in total debt. Signature Resources 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 Signature Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Signature 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 Signature Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Signature to invest in growth at high rates of return. When we think about Signature Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.14 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Signature Resources has accumulated about 26.66 K in cash with (1.09 M) of positive cash flow from operations. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Decatur Capital Management Inc. Trims Stake in UnitedHealth Group Incorporated - MarketBeat |
Signature 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 Signature Stock often depends not only on the future outlook of the current and potential Signature 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. Signature Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.9 M | |
| Cash And Short Term Investments | 126.9 K |
Signature Resources Technical Analysis
Signature Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Signature Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Signature Resources. In general, you should focus on analyzing Signature Stock price patterns and their correlations with different microeconomic environments and drivers.
Signature Resources Predictive Forecast Models
Signature Resources' time-series forecasting models is one of many Signature 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 Signature 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 Signature Resources
Checking the ongoing alerts about Signature Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Signature Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Signature Resources generated a negative expected return over the last 90 days | |
| Signature Resources has high historical volatility and very poor performance | |
| Signature Resources has some characteristics of a very speculative penny stock | |
| Signature Resources has a very high chance of going through financial distress in the upcoming years | |
| Signature Resources has accumulated 1.91 M in total debt. Signature Resources 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 Signature Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Signature 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 Signature Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Signature to invest in growth at high rates of return. When we think about Signature Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.14 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Signature Resources has accumulated about 26.66 K in cash with (1.09 M) of positive cash flow from operations. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Decatur Capital Management Inc. Trims Stake in UnitedHealth Group Incorporated - MarketBeat |
Additional Tools for Signature Stock Analysis
When running Signature Resources' price analysis, check to measure Signature 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 Signature Resources is operating at the current time. Most of Signature Resources' value examination focuses on studying past and present price action to predict the probability of Signature Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signature Resources' price. Additionally, you may evaluate how the addition of Signature Resources to your portfolios can decrease your overall portfolio volatility.