INDUSTRIAL MINERALS (Germany) Probability of Future Stock Price Finishing Under 0.0008
| 9ED Stock | 0.08 0.01 9.88% |
INDUSTRIAL |
INDUSTRIAL MINERALS Target Price Odds to finish below 0.0008
The tendency of INDUSTRIAL 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 drop to 0.0008 or more in 90 days |
| 0.08 | 90 days | 0.0008 | near 1 |
Based on a normal probability distribution, the odds of INDUSTRIAL MINERALS to drop to 0.0008 or more in 90 days from now is near 1 (This INDUSTRIAL MINERALS LTD probability density function shows the probability of INDUSTRIAL Stock to fall within a particular range of prices over 90 days) . Probability of INDUSTRIAL MINERALS LTD price to stay between 0.0008 and its current price of 0.0775 at the end of the 90-day period is under 4.
Assuming the 90 days horizon INDUSTRIAL MINERALS has a beta of 0.98. This suggests INDUSTRIAL MINERALS LTD market returns are reactive to returns on the market. As the market goes up or down, INDUSTRIAL MINERALS is expected to follow. Additionally INDUSTRIAL MINERALS LTD 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. INDUSTRIAL MINERALS Price Density |
| Price |
Predictive Modules for INDUSTRIAL MINERALS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INDUSTRIAL MINERALS LTD. 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.INDUSTRIAL MINERALS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. INDUSTRIAL MINERALS is not an exception. The market had few large corrections towards the INDUSTRIAL MINERALS'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 INDUSTRIAL MINERALS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of INDUSTRIAL MINERALS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.98 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
INDUSTRIAL MINERALS 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 INDUSTRIAL MINERALS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for INDUSTRIAL MINERALS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| INDUSTRIAL MINERALS generated a negative expected return over the last 90 days | |
| INDUSTRIAL MINERALS has high historical volatility and very poor performance | |
| INDUSTRIAL MINERALS has some characteristics of a very speculative penny stock |
INDUSTRIAL MINERALS Technical Analysis
INDUSTRIAL MINERALS's future price can be derived by breaking down and analyzing its technical indicators over time. INDUSTRIAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of INDUSTRIAL MINERALS LTD. In general, you should focus on analyzing INDUSTRIAL Stock price patterns and their correlations with different microeconomic environments and drivers.
INDUSTRIAL MINERALS Predictive Forecast Models
INDUSTRIAL MINERALS's time-series forecasting models is one of many INDUSTRIAL MINERALS'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 INDUSTRIAL MINERALS'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 INDUSTRIAL MINERALS LTD
Checking the ongoing alerts about INDUSTRIAL MINERALS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for INDUSTRIAL MINERALS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| INDUSTRIAL MINERALS generated a negative expected return over the last 90 days | |
| INDUSTRIAL MINERALS has high historical volatility and very poor performance | |
| INDUSTRIAL MINERALS has some characteristics of a very speculative penny stock |