Apex Mining (Philippines) Probability of Future Stock Price Finishing Under 3.68
| APX Stock | 4.01 0.08 1.96% |
Apex |
Apex Mining Target Price Odds to finish below 3.68
The tendency of Apex 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 3.68 or more in 90 days |
| 4.01 | 90 days | 3.68 | about 30.72 |
Based on a normal probability distribution, the odds of Apex Mining to drop to 3.68 or more in 90 days from now is about 30.72 (This Apex Mining Co probability density function shows the probability of Apex Stock to fall within a particular range of prices over 90 days) . Probability of Apex Mining price to stay between 3.68 and its current price of 4.01 at the end of the 90-day period is about 37.25 .
Assuming the 90 days trading horizon Apex Mining Co has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding Apex Mining are expected to decrease at a much lower rate. During a bear market, however, Apex Mining Co is likely to outperform the market. Additionally Apex Mining Co has an alpha of 0.151, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Apex Mining Price Density |
| Price |
Predictive Modules for Apex Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Apex Mining. 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.Apex Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Apex Mining is not an exception. The market had few large corrections towards the Apex Mining'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 Apex Mining Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Apex Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | 0.09 |
Apex Mining 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 Apex Stock often depends not only on the future outlook of the current and potential Apex Mining's 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. Apex Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.7 B | |
| Cash And Short Term Investments | 1.4 B |
Apex Mining Technical Analysis
Apex Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Apex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Apex Mining Co. In general, you should focus on analyzing Apex Stock price patterns and their correlations with different microeconomic environments and drivers.
Apex Mining Predictive Forecast Models
Apex Mining's time-series forecasting models is one of many Apex Mining'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 Apex Mining'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apex Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apex Mining's short interest history, or implied volatility extrapolated from Apex Mining options trading.
Other Information on Investing in Apex Stock
Apex Mining financial ratios help investors to determine whether Apex Stock 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 Apex with respect to the benefits of owning Apex Mining security.