Argosy Minerals (Australia) Probability of Future Stock Price Finishing Under 0.035
| AGY Stock | 0.03 0 3.45% |
Argosy |
Argosy Minerals Target Price Odds to finish below 0.035
The tendency of Argosy 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 under 0.04 after 90 days |
| 0.03 | 90 days | 0.04 | about 37.73 |
Based on a normal probability distribution, the odds of Argosy Minerals to stay under 0.04 after 90 days from now is about 37.73 (This Argosy Minerals probability density function shows the probability of Argosy Stock to fall within a particular range of prices over 90 days) . Probability of Argosy Minerals price to stay between its current price of 0.03 and 0.04 at the end of the 90-day period is about 35.43 .
Assuming the 90 days trading horizon Argosy Minerals has a beta of -0.97. This suggests Additionally Argosy Minerals 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. Argosy Minerals Price Density |
| Price |
Predictive Modules for Argosy 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 Argosy Minerals. 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.Argosy Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Argosy Minerals is not an exception. The market had few large corrections towards the Argosy 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 Argosy Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Argosy Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | -0.97 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.16 |
Argosy 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 Argosy Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Argosy Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Argosy Minerals generated a negative expected return over the last 90 days | |
| Argosy Minerals has some characteristics of a very speculative penny stock | |
| Argosy Minerals has high historical volatility and very poor performance | |
| Argosy Minerals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 907.62 K. Net Loss for the year was (10.62 M) with profit before overhead, payroll, taxes, and interest of 111.08 K. | |
| Argosy Minerals has accumulated about 36.61 M in cash with (1.01 M) of positive cash flow from operations. | |
| Roughly 17.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Argosy Minerals Forward Rate of Return percent 0.00 percent - GuruFocus.com |
Argosy 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 Argosy Stock often depends not only on the future outlook of the current and potential Argosy 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. Argosy Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B | |
| Cash And Short Term Investments | 13.9 M |
Argosy Minerals Technical Analysis
Argosy Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Argosy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Argosy Minerals. In general, you should focus on analyzing Argosy Stock price patterns and their correlations with different microeconomic environments and drivers.
Argosy Minerals Predictive Forecast Models
Argosy Minerals' time-series forecasting models is one of many Argosy 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 Argosy 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 Argosy Minerals
Checking the ongoing alerts about Argosy Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Argosy Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Argosy Minerals generated a negative expected return over the last 90 days | |
| Argosy Minerals has some characteristics of a very speculative penny stock | |
| Argosy Minerals has high historical volatility and very poor performance | |
| Argosy Minerals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 907.62 K. Net Loss for the year was (10.62 M) with profit before overhead, payroll, taxes, and interest of 111.08 K. | |
| Argosy Minerals has accumulated about 36.61 M in cash with (1.01 M) of positive cash flow from operations. | |
| Roughly 17.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Argosy Minerals Forward Rate of Return percent 0.00 percent - GuruFocus.com |
Additional Tools for Argosy Stock Analysis
When running Argosy Minerals' price analysis, check to measure Argosy 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 Argosy Minerals is operating at the current time. Most of Argosy Minerals' value examination focuses on studying past and present price action to predict the probability of Argosy Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argosy Minerals' price. Additionally, you may evaluate how the addition of Argosy Minerals to your portfolios can decrease your overall portfolio volatility.