Pacific Booker Minerals Stock Probability of Future Stock Price Finishing Over 1.35
| BKM Stock | CAD 0.85 0.15 15.00% |
Pacific |
Pacific Booker Target Price Odds to finish over 1.35
The tendency of Pacific 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 move over C$ 1.35 or more in 90 days |
| 0.85 | 90 days | 1.35 | about 12.3 |
Based on a normal probability distribution, the odds of Pacific Booker to move over C$ 1.35 or more in 90 days from now is about 12.3 (This Pacific Booker Minerals probability density function shows the probability of Pacific Stock to fall within a particular range of prices over 90 days) . Probability of Pacific Booker Minerals price to stay between its current price of C$ 0.85 and C$ 1.35 at the end of the 90-day period is about 67.65 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.93 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pacific Booker will likely underperform. Additionally Pacific Booker Minerals has an alpha of 0.742, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pacific Booker Price Density |
| Price |
Predictive Modules for Pacific Booker
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacific Booker 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.Pacific Booker Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pacific Booker is not an exception. The market had few large corrections towards the Pacific Booker'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 Pacific Booker Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pacific Booker within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.74 | |
β | Beta against Dow Jones | 1.93 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.1 |
Pacific Booker 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 Pacific Booker for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pacific Booker 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.| Pacific Booker is way too risky over 90 days horizon | |
| Pacific Booker has some characteristics of a very speculative penny stock | |
| Pacific Booker appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (523.9 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pacific Booker Minerals has accumulated about 2.04 M in cash with (169.33 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Latest headline from news.google.com: Pacific Booker Discovers 7 Critical Minerals at Morrison Project, Including High-Grade Manganese - StockTitan |
Pacific Booker 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 Pacific Stock often depends not only on the future outlook of the current and potential Pacific Booker'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. Pacific Booker's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.8 M | |
| Cash And Short Term Investments | 137.3 K |
Pacific Booker Technical Analysis
Pacific Booker's future price can be derived by breaking down and analyzing its technical indicators over time. Pacific Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pacific Booker Minerals. In general, you should focus on analyzing Pacific Stock price patterns and their correlations with different microeconomic environments and drivers.
Pacific Booker Predictive Forecast Models
Pacific Booker's time-series forecasting models is one of many Pacific Booker'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 Pacific Booker'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 Pacific Booker Minerals
Checking the ongoing alerts about Pacific Booker for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pacific Booker Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pacific Booker is way too risky over 90 days horizon | |
| Pacific Booker has some characteristics of a very speculative penny stock | |
| Pacific Booker appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (523.9 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pacific Booker Minerals has accumulated about 2.04 M in cash with (169.33 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Latest headline from news.google.com: Pacific Booker Discovers 7 Critical Minerals at Morrison Project, Including High-Grade Manganese - StockTitan |
Additional Tools for Pacific Stock Analysis
When running Pacific Booker's price analysis, check to measure Pacific Booker's 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 Pacific Booker is operating at the current time. Most of Pacific Booker's value examination focuses on studying past and present price action to predict the probability of Pacific Booker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Booker's price. Additionally, you may evaluate how the addition of Pacific Booker to your portfolios can decrease your overall portfolio volatility.