Tres Or Resources Stock Odds of Future Stock Price Finishing Over 0.09
| TRS Stock | CAD 0.08 0.00 0.00% |
Tres |
Tres Or Target Price Odds to finish over 0.09
The tendency of Tres 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$ 0.09 or more in 90 days |
| 0.08 | 90 days | 0.09 | about 24.76 |
Based on a normal probability distribution, the odds of Tres Or to move over C$ 0.09 or more in 90 days from now is about 24.76 (This Tres Or Resources probability density function shows the probability of Tres Stock to fall within a particular range of prices over 90 days) . Probability of Tres Or Resources price to stay between its current price of C$ 0.08 and C$ 0.09 at the end of the 90-day period is about 24.45 .
Assuming the 90 days horizon Tres Or Resources has a beta of -0.2. This usually implies as returns on the benchmark increase, returns on holding Tres Or are expected to decrease at a much lower rate. During a bear market, however, Tres Or Resources is likely to outperform the market. Additionally Tres Or Resources has an alpha of 0.8212, implying that it can generate a 0.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tres Or Price Density |
| Price |
Predictive Modules for Tres Or
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tres Or 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.Tres Or Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tres Or is not an exception. The market had few large corrections towards the Tres Or'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 Tres Or Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tres Or within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.16 |
Tres Or 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 Tres Or for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tres Or 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.| Tres Or Resources has some characteristics of a very speculative penny stock | |
| Tres Or Resources appears to be risky and price may revert if volatility continues | |
| Tres Or Resources has high likelihood to experience some financial distress in the next 2 years | |
| Tres Or Resources has accumulated 634.38 K in total debt with debt to equity ratio (D/E) of 5.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tres Or Resources has a current ratio of 0.39, 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 Tres Or until it has trouble settling it off, either with new capital or with free cash flow. So, Tres Or'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 Tres Or Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tres to invest in growth at high rates of return. When we think about Tres Or's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (233.69 K) with loss before overhead, payroll, taxes, and interest of (6.6 K). | |
| Tres Or Resources has accumulated about 53.55 K in cash with (240.13 K) of positive cash flow from operations. | |
| Roughly 32.0% of Tres Or outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 3 TSX Penny Stocks Under CA30M Market Cap To Watch - Yahoo Finance |
Tres Or 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 Tres Stock often depends not only on the future outlook of the current and potential Tres Or'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. Tres Or's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.2 M | |
| Shares Float | 18.1 M |
Tres Or Technical Analysis
Tres Or's future price can be derived by breaking down and analyzing its technical indicators over time. Tres Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tres Or Resources. In general, you should focus on analyzing Tres Stock price patterns and their correlations with different microeconomic environments and drivers.
Tres Or Predictive Forecast Models
Tres Or's time-series forecasting models is one of many Tres Or'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 Tres Or'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 Tres Or Resources
Checking the ongoing alerts about Tres Or for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tres Or Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tres Or Resources has some characteristics of a very speculative penny stock | |
| Tres Or Resources appears to be risky and price may revert if volatility continues | |
| Tres Or Resources has high likelihood to experience some financial distress in the next 2 years | |
| Tres Or Resources has accumulated 634.38 K in total debt with debt to equity ratio (D/E) of 5.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tres Or Resources has a current ratio of 0.39, 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 Tres Or until it has trouble settling it off, either with new capital or with free cash flow. So, Tres Or'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 Tres Or Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tres to invest in growth at high rates of return. When we think about Tres Or's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (233.69 K) with loss before overhead, payroll, taxes, and interest of (6.6 K). | |
| Tres Or Resources has accumulated about 53.55 K in cash with (240.13 K) of positive cash flow from operations. | |
| Roughly 32.0% of Tres Or outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 3 TSX Penny Stocks Under CA30M Market Cap To Watch - Yahoo Finance |
Additional Tools for Tres Stock Analysis
When running Tres Or's price analysis, check to measure Tres Or'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 Tres Or is operating at the current time. Most of Tres Or's value examination focuses on studying past and present price action to predict the probability of Tres Or's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tres Or's price. Additionally, you may evaluate how the addition of Tres Or to your portfolios can decrease your overall portfolio volatility.