Canada Carbon Stock Probability of Future Stock Price Finishing Over 0.0194
| CCB Stock | CAD 0.01 0.01 50.00% |
Canada |
Canada Carbon Target Price Odds to finish over 0.0194
The tendency of Canada 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$ 0.02 or more in 90 days |
| 0.01 | 90 days | 0.02 | about 53.95 |
Based on a normal probability distribution, the odds of Canada Carbon to move over C$ 0.02 or more in 90 days from now is about 53.95 (This Canada Carbon probability density function shows the probability of Canada Stock to fall within a particular range of prices over 90 days) . Probability of Canada Carbon price to stay between its current price of C$ 0.01 and C$ 0.02 at the end of the 90-day period is about 45.97 .
Assuming the 90 days horizon the stock has the beta coefficient of 8.55 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, Canada Carbon will likely underperform. Moreover Canada Carbon has an alpha of 1.0628, implying that it can generate a 1.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Canada Carbon Price Density |
| Price |
Predictive Modules for Canada Carbon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canada Carbon. 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.Canada Carbon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canada Carbon is not an exception. The market had few large corrections towards the Canada Carbon'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 Canada Carbon, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canada Carbon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.06 | |
β | Beta against Dow Jones | 8.55 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.05 |
Canada Carbon 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 Canada Carbon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canada Carbon can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canada Carbon is way too risky over 90 days horizon | |
| Canada Carbon has some characteristics of a very speculative penny stock | |
| Canada Carbon appears to be risky and price may revert if volatility continues | |
| Canada Carbon has high likelihood to experience some financial distress in the next 2 years | |
| Canada Carbon has accumulated 1.65 M in total debt. Canada Carbon has a current ratio of 0.51, 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 Canada Carbon until it has trouble settling it off, either with new capital or with free cash flow. So, Canada Carbon's 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 Canada Carbon sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canada to invest in growth at high rates of return. When we think about Canada Carbon's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.04 M) with profit before overhead, payroll, taxes, and interest of 30.09 K. | |
| Canada Carbon has accumulated about 442.06 K in cash with (538.72 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: CANADA CARBON ANNOUNCES PRIVATE PLACEMENT OF FLOW-THROUGH UNITS - Yahoo Finance |
Canada Carbon 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 Canada Stock often depends not only on the future outlook of the current and potential Canada Carbon'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. Canada Carbon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 166.7 M | |
| Cash And Short Term Investments | 409 K |
Canada Carbon Technical Analysis
Canada Carbon's future price can be derived by breaking down and analyzing its technical indicators over time. Canada Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canada Carbon. In general, you should focus on analyzing Canada Stock price patterns and their correlations with different microeconomic environments and drivers.
Canada Carbon Predictive Forecast Models
Canada Carbon's time-series forecasting models is one of many Canada Carbon'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 Canada Carbon'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 Canada Carbon
Checking the ongoing alerts about Canada Carbon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canada Carbon help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canada Carbon is way too risky over 90 days horizon | |
| Canada Carbon has some characteristics of a very speculative penny stock | |
| Canada Carbon appears to be risky and price may revert if volatility continues | |
| Canada Carbon has high likelihood to experience some financial distress in the next 2 years | |
| Canada Carbon has accumulated 1.65 M in total debt. Canada Carbon has a current ratio of 0.51, 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 Canada Carbon until it has trouble settling it off, either with new capital or with free cash flow. So, Canada Carbon's 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 Canada Carbon sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canada to invest in growth at high rates of return. When we think about Canada Carbon's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.04 M) with profit before overhead, payroll, taxes, and interest of 30.09 K. | |
| Canada Carbon has accumulated about 442.06 K in cash with (538.72 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: CANADA CARBON ANNOUNCES PRIVATE PLACEMENT OF FLOW-THROUGH UNITS - Yahoo Finance |
Additional Tools for Canada Stock Analysis
When running Canada Carbon's price analysis, check to measure Canada Carbon'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 Canada Carbon is operating at the current time. Most of Canada Carbon's value examination focuses on studying past and present price action to predict the probability of Canada Carbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Carbon's price. Additionally, you may evaluate how the addition of Canada Carbon to your portfolios can decrease your overall portfolio volatility.