Canex Metals Stock Probability of Future Stock Price Finishing Under 0.05

CANX Stock  CAD 0.04  0.01  20.00%   
CANEX Metals' future price is the expected price of CANEX Metals instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of CANEX Metals performance during a given time horizon utilizing its historical volatility. Check out CANEX Metals Backtesting, CANEX Metals Valuation, CANEX Metals Correlation, CANEX Metals Hype Analysis, CANEX Metals Volatility, CANEX Metals History as well as CANEX Metals Performance.
  
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CANEX 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 CANEX Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CANEX 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.
CANEX Metals had very high historical volatility over the last 90 days
CANEX Metals has some characteristics of a very speculative penny stock
Net Loss for the year was (279.15 K) with profit before overhead, payroll, taxes, and interest of 0.
CANEX Metals has accumulated about 480.92 K in cash with (251.9 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Roughly 13.0% of the company shares are held by company insiders

CANEX 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 CANEX Stock often depends not only on the future outlook of the current and potential CANEX 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. CANEX Metals' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding114.4 M

CANEX Metals Technical Analysis

CANEX Metals' future price can be derived by breaking down and analyzing its technical indicators over time. CANEX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CANEX Metals. In general, you should focus on analyzing CANEX Stock price patterns and their correlations with different microeconomic environments and drivers.

CANEX Metals Predictive Forecast Models

CANEX Metals' time-series forecasting models is one of many CANEX Metals' 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 CANEX 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 stock market movement and maximize returns from investment trading.

Things to note about CANEX Metals

Checking the ongoing alerts about CANEX Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CANEX Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CANEX Metals had very high historical volatility over the last 90 days
CANEX Metals has some characteristics of a very speculative penny stock
Net Loss for the year was (279.15 K) with profit before overhead, payroll, taxes, and interest of 0.
CANEX Metals has accumulated about 480.92 K in cash with (251.9 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Roughly 13.0% of the company shares are held by company insiders

Additional Tools for CANEX Stock Analysis

When running CANEX Metals' price analysis, check to measure CANEX Metals' 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 CANEX Metals is operating at the current time. Most of CANEX Metals' value examination focuses on studying past and present price action to predict the probability of CANEX Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CANEX Metals' price. Additionally, you may evaluate how the addition of CANEX Metals to your portfolios can decrease your overall portfolio volatility.