Yangarra Resources Stock Probability of Future Stock Price Finishing Over 7.56
| YGR Stock | CAD 0.93 0.01 1.06% |
Yangarra |
Yangarra Resources Target Price Odds to finish over 7.56
The tendency of Yangarra 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$ 7.56 or more in 90 days |
| 0.93 | 90 days | 7.56 | close to zero percent |
Based on a normal probability distribution, the odds of Yangarra Resources to move over C$ 7.56 or more in 90 days from now is close to zero percent (This Yangarra Resources probability density function shows the probability of Yangarra Stock to fall within a particular range of prices over 90 days) . Probability of Yangarra Resources price to stay between its current price of C$ 0.93 and C$ 7.56 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Yangarra Resources has a beta of 0.24. This entails as returns on the market go up, Yangarra Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Yangarra Resources will be expected to be much smaller as well. Additionally Yangarra 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. Yangarra Resources Price Density |
| Price |
Predictive Modules for Yangarra 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 Yangarra 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.Yangarra Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yangarra Resources is not an exception. The market had few large corrections towards the Yangarra 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 Yangarra Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yangarra Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
Yangarra 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 Yangarra Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yangarra 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.| Yangarra Resources generated a negative expected return over the last 90 days | |
| Yangarra Resources has some characteristics of a very speculative penny stock | |
| The company has C$123.44 Million in debt which may indicate that it relies heavily on debt financing | |
| Yangarra Resources has accumulated 123.44 M in total debt with debt to equity ratio (D/E) of 62.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yangarra Resources has a current ratio of 0.79, 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 Yangarra Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Yangarra 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 Yangarra Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yangarra to invest in growth at high rates of return. When we think about Yangarra Resources' use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of Yangarra Resources outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Q2 EPS Estimate for Yangarra Resources Decreased by Analyst - MarketBeat |
Yangarra 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 Yangarra Stock often depends not only on the future outlook of the current and potential Yangarra 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. Yangarra Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.4 M | |
| Cash And Short Term Investments | -8.9 M |
Yangarra Resources Technical Analysis
Yangarra Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Yangarra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yangarra Resources. In general, you should focus on analyzing Yangarra Stock price patterns and their correlations with different microeconomic environments and drivers.
Yangarra Resources Predictive Forecast Models
Yangarra Resources' time-series forecasting models is one of many Yangarra 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 Yangarra 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 Yangarra Resources
Checking the ongoing alerts about Yangarra Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yangarra Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yangarra Resources generated a negative expected return over the last 90 days | |
| Yangarra Resources has some characteristics of a very speculative penny stock | |
| The company has C$123.44 Million in debt which may indicate that it relies heavily on debt financing | |
| Yangarra Resources has accumulated 123.44 M in total debt with debt to equity ratio (D/E) of 62.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yangarra Resources has a current ratio of 0.79, 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 Yangarra Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Yangarra 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 Yangarra Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yangarra to invest in growth at high rates of return. When we think about Yangarra Resources' use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of Yangarra Resources outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Q2 EPS Estimate for Yangarra Resources Decreased by Analyst - MarketBeat |
Other Information on Investing in Yangarra Stock
Yangarra Resources financial ratios help investors to determine whether Yangarra 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 Yangarra with respect to the benefits of owning Yangarra Resources security.