Tombstone Exploration Corp Stock Probability of Future Pink Sheet Price Finishing Under 9.6E-5
| TMBXF Stock | USD 0.0001 0.00 0.00% |
Tombstone |
Tombstone Exploration Target Price Odds to finish below 9.6E-5
The tendency of Tombstone Pink Sheet 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 $ 0.000096 or more in 90 days |
| 0.0001 | 90 days | 0.000096 | near 1 |
Based on a normal probability distribution, the odds of Tombstone Exploration to drop to $ 0.000096 or more in 90 days from now is near 1 (This Tombstone Exploration Corp probability density function shows the probability of Tombstone Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Tombstone Exploration price to stay between $ 0.000096 and its current price of $1.0E-4 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Tombstone Exploration Corp has a beta of -0.86. This usually implies Additionally Tombstone Exploration Corp 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. Tombstone Exploration Price Density |
| Price |
Predictive Modules for Tombstone Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tombstone Exploration. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Tombstone Exploration'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.
Tombstone Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tombstone Exploration is not an exception. The market had few large corrections towards the Tombstone Exploration'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 Tombstone Exploration Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tombstone Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.87 | |
β | Beta against Dow Jones | -0.86 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.23 |
Tombstone Exploration 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 Tombstone Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tombstone Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tombstone Exploration generated a negative expected return over the last 90 days | |
| Tombstone Exploration has high historical volatility and very poor performance | |
| Tombstone Exploration has some characteristics of a very speculative penny stock | |
| Tombstone Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.4, 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 Tombstone Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Tombstone Exploration'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 Tombstone Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tombstone to invest in growth at high rates of return. When we think about Tombstone Exploration's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tombstone Exploration generates negative cash flow from operations | |
| About 25.0% of the company outstanding shares are owned by corporate insiders |
Tombstone Exploration Technical Analysis
Tombstone Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Tombstone Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tombstone Exploration Corp. In general, you should focus on analyzing Tombstone Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Tombstone Exploration Predictive Forecast Models
Tombstone Exploration's time-series forecasting models is one of many Tombstone Exploration's pink sheet 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 Tombstone Exploration'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Tombstone Exploration
Checking the ongoing alerts about Tombstone Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tombstone Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tombstone Exploration generated a negative expected return over the last 90 days | |
| Tombstone Exploration has high historical volatility and very poor performance | |
| Tombstone Exploration has some characteristics of a very speculative penny stock | |
| Tombstone Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.4, 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 Tombstone Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Tombstone Exploration'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 Tombstone Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tombstone to invest in growth at high rates of return. When we think about Tombstone Exploration's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tombstone Exploration generates negative cash flow from operations | |
| About 25.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tombstone Pink Sheet
Tombstone Exploration financial ratios help investors to determine whether Tombstone Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tombstone with respect to the benefits of owning Tombstone Exploration security.