Adamera Minerals Corp Stock Probability of Future Stock Price Finishing Over 0.16
| ADZ Stock | CAD 0.17 0.02 10.53% |
Adamera |
Adamera Minerals Target Price Odds to finish over 0.16
The tendency of Adamera 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 stay above C$ 0.16 in 90 days |
| 0.17 | 90 days | 0.16 | about 76.62 |
Based on a normal probability distribution, the odds of Adamera Minerals to stay above C$ 0.16 in 90 days from now is about 76.62 (This Adamera Minerals Corp probability density function shows the probability of Adamera Stock to fall within a particular range of prices over 90 days) . Probability of Adamera Minerals Corp price to stay between C$ 0.16 and its current price of C$0.17 at the end of the 90-day period is about 8.03 .
Assuming the 90 days horizon Adamera Minerals has a beta of 0.35. This suggests as returns on the market go up, Adamera Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Adamera Minerals Corp will be expected to be much smaller as well. Additionally Adamera Minerals Corp has an alpha of 0.4241, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Adamera Minerals Price Density |
| Price |
Predictive Modules for Adamera 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 Adamera Minerals Corp. 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.Adamera Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Adamera Minerals is not an exception. The market had few large corrections towards the Adamera Minerals' 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 Adamera Minerals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Adamera Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.04 |
Adamera 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 Adamera Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Adamera Minerals Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Adamera Minerals had very high historical volatility over the last 90 days | |
| Adamera Minerals has some characteristics of a very speculative penny stock | |
| Adamera Minerals Corp has accumulated 482.89 K in total debt with debt to equity ratio (D/E) of 11.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Adamera Minerals Corp has a current ratio of 0.68, 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 Adamera Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Adamera Minerals' 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 Adamera Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adamera to invest in growth at high rates of return. When we think about Adamera Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.39 M) with loss before overhead, payroll, taxes, and interest of (174.01 K). | |
| Adamera Minerals Corp has accumulated about 46.36 K in cash with (568.02 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Adamera Minerals Completes Financing for Gold Exploration - TipRanks |
Adamera Minerals 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 Adamera Stock often depends not only on the future outlook of the current and potential Adamera Minerals' 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. Adamera Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.9 M | |
| Cash And Short Term Investments | 335.4 K |
Adamera Minerals Technical Analysis
Adamera Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Adamera Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Adamera Minerals Corp. In general, you should focus on analyzing Adamera Stock price patterns and their correlations with different microeconomic environments and drivers.
Adamera Minerals Predictive Forecast Models
Adamera Minerals' time-series forecasting models is one of many Adamera Minerals' 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 Adamera Minerals' 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 Adamera Minerals Corp
Checking the ongoing alerts about Adamera Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Adamera Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Adamera Minerals had very high historical volatility over the last 90 days | |
| Adamera Minerals has some characteristics of a very speculative penny stock | |
| Adamera Minerals Corp has accumulated 482.89 K in total debt with debt to equity ratio (D/E) of 11.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Adamera Minerals Corp has a current ratio of 0.68, 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 Adamera Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Adamera Minerals' 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 Adamera Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adamera to invest in growth at high rates of return. When we think about Adamera Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.39 M) with loss before overhead, payroll, taxes, and interest of (174.01 K). | |
| Adamera Minerals Corp has accumulated about 46.36 K in cash with (568.02 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Adamera Minerals Completes Financing for Gold Exploration - TipRanks |
Additional Tools for Adamera Stock Analysis
When running Adamera Minerals' price analysis, check to measure Adamera Minerals' 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 Adamera Minerals is operating at the current time. Most of Adamera Minerals' value examination focuses on studying past and present price action to predict the probability of Adamera Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adamera Minerals' price. Additionally, you may evaluate how the addition of Adamera Minerals to your portfolios can decrease your overall portfolio volatility.