Bemetals Corp Stock Probability of Future Stock Price Finishing Over 0.15
| BMET Stock | CAD 0.05 0 4.76% |
BeMetals |
BeMetals Corp Target Price Odds to finish over 0.15
The tendency of BeMetals 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$ 0.15 or more in 90 days |
| 0.05 | 90 days | 0.15 | near 1 |
Based on a normal probability distribution, the odds of BeMetals Corp to move over C$ 0.15 or more in 90 days from now is near 1 (This BeMetals Corp probability density function shows the probability of BeMetals Stock to fall within a particular range of prices over 90 days) . Probability of BeMetals Corp price to stay between its current price of C$ 0.05 and C$ 0.15 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days trading horizon BeMetals Corp has a beta of -1.18 suggesting as returns on its benchmark rise, returns on holding BeMetals Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, BeMetals Corp is expected to outperform its benchmark. Additionally BeMetals Corp 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. BeMetals Corp Price Density |
| Price |
Predictive Modules for BeMetals Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BeMetals 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BeMetals Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BeMetals Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BeMetals Corp is not an exception. The market had few large corrections towards the BeMetals Corp'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 BeMetals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BeMetals Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | -1.18 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.1 |
BeMetals Corp 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 BeMetals Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BeMetals 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.| BeMetals Corp generated a negative expected return over the last 90 days | |
| BeMetals Corp has high historical volatility and very poor performance | |
| BeMetals Corp has some characteristics of a very speculative penny stock | |
| BeMetals Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| BeMetals Corp has accumulated about 3.78 M in cash with (1.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 37.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BeMetals Enterprise Value 18.02 Mil - GuruFocus.com |
BeMetals Corp 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 BeMetals Stock often depends not only on the future outlook of the current and potential BeMetals Corp'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. BeMetals Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 177.4 M |
BeMetals Corp Technical Analysis
BeMetals Corp's future price can be derived by breaking down and analyzing its technical indicators over time. BeMetals Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BeMetals Corp. In general, you should focus on analyzing BeMetals Stock price patterns and their correlations with different microeconomic environments and drivers.
BeMetals Corp Predictive Forecast Models
BeMetals Corp's time-series forecasting models is one of many BeMetals Corp'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 BeMetals Corp'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 BeMetals Corp
Checking the ongoing alerts about BeMetals Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BeMetals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BeMetals Corp generated a negative expected return over the last 90 days | |
| BeMetals Corp has high historical volatility and very poor performance | |
| BeMetals Corp has some characteristics of a very speculative penny stock | |
| BeMetals Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| BeMetals Corp has accumulated about 3.78 M in cash with (1.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 37.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BeMetals Enterprise Value 18.02 Mil - GuruFocus.com |
Additional Tools for BeMetals Stock Analysis
When running BeMetals Corp's price analysis, check to measure BeMetals Corp'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 BeMetals Corp is operating at the current time. Most of BeMetals Corp's value examination focuses on studying past and present price action to predict the probability of BeMetals Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BeMetals Corp's price. Additionally, you may evaluate how the addition of BeMetals Corp to your portfolios can decrease your overall portfolio volatility.