Altiplano Metals Stock Probability of Future Pink Sheet Price Finishing Over 0.053
| ALTPF Stock | USD 0.03 0.01 22.22% |
Altiplano |
Altiplano Metals Target Price Odds to finish over 0.053
The tendency of Altiplano Pink Sheet 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 $ 0.05 or more in 90 days |
| 0.03 | 90 days | 0.05 | about 36.7 |
Based on a normal probability distribution, the odds of Altiplano Metals to move over $ 0.05 or more in 90 days from now is about 36.7 (This Altiplano Metals probability density function shows the probability of Altiplano Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Altiplano Metals price to stay between its current price of $ 0.03 and $ 0.05 at the end of the 90-day period is about 61.45 .
Assuming the 90 days horizon Altiplano Metals has a beta of 0.59. This suggests as returns on the market go up, Altiplano Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Altiplano Metals will be expected to be much smaller as well. Additionally Altiplano Metals 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. Altiplano Metals Price Density |
| Price |
Predictive Modules for Altiplano 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 Altiplano Metals. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Altiplano Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Altiplano Metals is not an exception. The market had few large corrections towards the Altiplano 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 Altiplano Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Altiplano Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.86 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.13 |
Altiplano 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 Altiplano Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altiplano 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.| Altiplano Metals generated a negative expected return over the last 90 days | |
| Altiplano Metals has high historical volatility and very poor performance | |
| Altiplano Metals has some characteristics of a very speculative penny stock | |
| Altiplano Metals has accumulated 748.32 K in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Altiplano Metals has a current ratio of 0.75, 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 Altiplano Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Altiplano Metals' 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 Altiplano Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altiplano to invest in growth at high rates of return. When we think about Altiplano Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.32 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altiplano Metals has accumulated about 159.88 K in cash with (975.18 K) of positive cash flow from operations. |
Altiplano 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 Altiplano Pink Sheet often depends not only on the future outlook of the current and potential Altiplano 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. Altiplano Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 113.5 M |
Altiplano Metals Technical Analysis
Altiplano Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Altiplano Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Altiplano Metals. In general, you should focus on analyzing Altiplano Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Altiplano Metals Predictive Forecast Models
Altiplano Metals' time-series forecasting models is one of many Altiplano Metals' pink sheet 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 Altiplano 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Altiplano Metals
Checking the ongoing alerts about Altiplano Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Altiplano Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Altiplano Metals generated a negative expected return over the last 90 days | |
| Altiplano Metals has high historical volatility and very poor performance | |
| Altiplano Metals has some characteristics of a very speculative penny stock | |
| Altiplano Metals has accumulated 748.32 K in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Altiplano Metals has a current ratio of 0.75, 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 Altiplano Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Altiplano Metals' 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 Altiplano Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altiplano to invest in growth at high rates of return. When we think about Altiplano Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.32 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altiplano Metals has accumulated about 159.88 K in cash with (975.18 K) of positive cash flow from operations. |
Other Information on Investing in Altiplano Pink Sheet
Altiplano Metals financial ratios help investors to determine whether Altiplano Pink Sheet 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 Altiplano with respect to the benefits of owning Altiplano Metals security.