Strickland Metals (Australia) Probability of Future Stock Price Finishing Over 0.14
| STK Stock | 0.10 0.00 0.00% |
Strickland |
Strickland Metals Target Price Odds to finish over 0.14
The tendency of Strickland 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 0.14 or more in 90 days |
| 0.10 | 90 days | 0.14 | about 1.41 |
Based on a normal probability distribution, the odds of Strickland Metals to move over 0.14 or more in 90 days from now is about 1.41 (This Strickland Metals probability density function shows the probability of Strickland Stock to fall within a particular range of prices over 90 days) . Probability of Strickland Metals price to stay between its current price of 0.10 and 0.14 at the end of the 90-day period is about 47.3 .
Assuming the 90 days trading horizon Strickland Metals has a beta of -0.29. This usually implies as returns on the benchmark increase, returns on holding Strickland Metals are expected to decrease at a much lower rate. During a bear market, however, Strickland Metals is likely to outperform the market. Additionally Strickland Metals has an alpha of 0.2468, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Strickland Metals Price Density |
| Price |
Predictive Modules for Strickland Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Strickland Metals. 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 Strickland Metals' 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.
Strickland Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Strickland Metals is not an exception. The market had few large corrections towards the Strickland Metals' 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 Strickland Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Strickland Metals within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | -0.29 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.03 |
Strickland Metals 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 Strickland Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Strickland Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Strickland Metals had very high historical volatility over the last 90 days | |
| Strickland Metals has some characteristics of a very speculative penny stock | |
| Strickland Metals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 30. Net Loss for the year was (2.42 M) with profit before overhead, payroll, taxes, and interest of 240 K. | |
| Strickland Metals has accumulated about 1.7 M in cash with (2.02 M) of positive cash flow from operations. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Strickland Metals Prepares for Security Quotation - TipRanks.com - TipRanks |
Strickland Metals 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 Strickland Stock often depends not only on the future outlook of the current and potential Strickland Metals' 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. Strickland Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 1.7 M |
Strickland Metals Technical Analysis
Strickland Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Strickland Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Strickland Metals. In general, you should focus on analyzing Strickland Stock price patterns and their correlations with different microeconomic environments and drivers.
Strickland Metals Predictive Forecast Models
Strickland Metals' time-series forecasting models is one of many Strickland Metals' 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 Strickland Metals' 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 Strickland Metals
Checking the ongoing alerts about Strickland Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Strickland Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Strickland Metals had very high historical volatility over the last 90 days | |
| Strickland Metals has some characteristics of a very speculative penny stock | |
| Strickland Metals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 30. Net Loss for the year was (2.42 M) with profit before overhead, payroll, taxes, and interest of 240 K. | |
| Strickland Metals has accumulated about 1.7 M in cash with (2.02 M) of positive cash flow from operations. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Strickland Metals Prepares for Security Quotation - TipRanks.com - TipRanks |
Check out Strickland Metals Backtesting, Strickland Metals Valuation, Strickland Metals Correlation, Strickland Metals Hype Analysis, Strickland Metals Volatility, Strickland Metals History as well as Strickland Metals Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Strickland Stock analysis
When running Strickland Metals' price analysis, check to measure Strickland Metals' 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 Strickland Metals is operating at the current time. Most of Strickland Metals' value examination focuses on studying past and present price action to predict the probability of Strickland Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strickland Metals' price. Additionally, you may evaluate how the addition of Strickland Metals to your portfolios can decrease your overall portfolio volatility.
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