Wallbridge Mining Stock Probability of Future Stock Price Finishing Over 24.14
| WM Stock | CAD 0.06 0.01 8.33% |
Wallbridge |
Wallbridge Mining Target Price Odds to finish over 24.14
The tendency of Wallbridge 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$ 24.14 or more in 90 days |
| 0.06 | 90 days | 24.14 | close to zero percent |
Based on a normal probability distribution, the odds of Wallbridge Mining to move over C$ 24.14 or more in 90 days from now is close to zero percent (This Wallbridge Mining probability density function shows the probability of Wallbridge Stock to fall within a particular range of prices over 90 days) . Probability of Wallbridge Mining price to stay between its current price of C$ 0.06 and C$ 24.14 at the end of the 90-day period is over 95.83 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.04 . This entails Wallbridge Mining market returns are highly reactive to returns on the market. As the market goes up or down, Wallbridge Mining is expected to follow. Additionally Wallbridge Mining 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. Wallbridge Mining Price Density |
| Price |
Predictive Modules for Wallbridge Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wallbridge Mining. 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 Wallbridge Mining'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.
Wallbridge Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wallbridge Mining is not an exception. The market had few large corrections towards the Wallbridge Mining'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 Wallbridge Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wallbridge Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0095 |
Wallbridge Mining 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 Wallbridge Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wallbridge Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wallbridge Mining generated a negative expected return over the last 90 days | |
| Wallbridge Mining has high historical volatility and very poor performance | |
| Wallbridge Mining has some characteristics of a very speculative penny stock | |
| Wallbridge Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Wallbridge Mining has accumulated about 23.66 M in cash with (3.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders | |
| On 20th of December 2024 Wallbridge Mining paid C$ 0.75 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Wallbridge Achieves High Gold Recovery at Martiniere - TipRanks |
Wallbridge Mining 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 Wallbridge Stock often depends not only on the future outlook of the current and potential Wallbridge Mining'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. Wallbridge Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 941.5 M | |
| Cash And Short Term Investments | 29.8 M |
Wallbridge Mining Technical Analysis
Wallbridge Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Wallbridge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wallbridge Mining. In general, you should focus on analyzing Wallbridge Stock price patterns and their correlations with different microeconomic environments and drivers.
Wallbridge Mining Predictive Forecast Models
Wallbridge Mining's time-series forecasting models is one of many Wallbridge Mining'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 Wallbridge Mining'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 Wallbridge Mining
Checking the ongoing alerts about Wallbridge Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wallbridge Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wallbridge Mining generated a negative expected return over the last 90 days | |
| Wallbridge Mining has high historical volatility and very poor performance | |
| Wallbridge Mining has some characteristics of a very speculative penny stock | |
| Wallbridge Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Wallbridge Mining has accumulated about 23.66 M in cash with (3.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders | |
| On 20th of December 2024 Wallbridge Mining paid C$ 0.75 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Wallbridge Achieves High Gold Recovery at Martiniere - TipRanks |
Other Information on Investing in Wallbridge Stock
Wallbridge Mining financial ratios help investors to determine whether Wallbridge Stock 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 Wallbridge with respect to the benefits of owning Wallbridge Mining security.