Capstone Mining Corp Stock Probability of Future Stock Price Finishing Under 1.32
| CS Stock | CAD 8.95 0.05 0.56% |
Capstone |
Capstone Mining Target Price Odds to finish below 1.32
The tendency of Capstone 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 C$ 1.32 or more in 90 days |
| 8.95 | 90 days | 1.32 | near 1 |
Based on a normal probability distribution, the odds of Capstone Mining to drop to C$ 1.32 or more in 90 days from now is near 1 (This Capstone Mining Corp probability density function shows the probability of Capstone Stock to fall within a particular range of prices over 90 days) . Probability of Capstone Mining Corp price to stay between C$ 1.32 and its current price of C$8.95 at the end of the 90-day period is about 6.25 .
Assuming the 90 days horizon Capstone Mining has a beta of 0.51 suggesting as returns on the market go up, Capstone Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Capstone Mining Corp will be expected to be much smaller as well. Additionally Capstone Mining 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. Capstone Mining Price Density |
| Price |
Predictive Modules for Capstone 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 Capstone Mining 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 Capstone Mining'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.
Capstone Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Capstone Mining is not an exception. The market had few large corrections towards the Capstone 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 Capstone Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Capstone Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.1 |
Capstone Mining 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 Capstone Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Capstone Mining 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.| Capstone Mining Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.35 B. Net Loss for the year was (124.73 M) with profit before overhead, payroll, taxes, and interest of 382.79 M. | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stifel Canada Boosts Earnings Estimates for Capstone Copper - MarketBeat |
Capstone 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 Capstone Stock often depends not only on the future outlook of the current and potential Capstone 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. Capstone Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 693.5 M | |
| Cash And Short Term Investments | 126.8 M |
Capstone Mining Technical Analysis
Capstone Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Capstone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Capstone Mining Corp. In general, you should focus on analyzing Capstone Stock price patterns and their correlations with different microeconomic environments and drivers.
Capstone Mining Predictive Forecast Models
Capstone Mining's time-series forecasting models is one of many Capstone 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 Capstone 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.
Things to note about Capstone Mining Corp
Checking the ongoing alerts about Capstone Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Capstone Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Capstone Mining Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.35 B. Net Loss for the year was (124.73 M) with profit before overhead, payroll, taxes, and interest of 382.79 M. | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stifel Canada Boosts Earnings Estimates for Capstone Copper - MarketBeat |
Other Information on Investing in Capstone Stock
Capstone Mining financial ratios help investors to determine whether Capstone 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 Capstone with respect to the benefits of owning Capstone Mining security.