Core Lithium (Australia) Probability of Future Stock Price Finishing Over 19.02
| CXO Stock | 0.08 0 1.22% |
Core |
Core Lithium Target Price Odds to finish over 19.02
The tendency of Core 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 19.02 or more in 90 days |
| 0.08 | 90 days | 19.02 | close to zero percent |
Based on a normal probability distribution, the odds of Core Lithium to move over 19.02 or more in 90 days from now is close to zero percent (This Core Lithium probability density function shows the probability of Core Stock to fall within a particular range of prices over 90 days) . Probability of Core Lithium price to stay between its current price of 0.08 and 19.02 at the end of the 90-day period is about 89.46 .
Assuming the 90 days trading horizon Core Lithium has a beta of 0.86 suggesting Core Lithium market returns are related to returns on the market. As the market goes up or down, Core Lithium is expected to follow. Additionally Core Lithium 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. Core Lithium Price Density |
| Price |
Predictive Modules for Core Lithium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Core Lithium. 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.Core Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Core Lithium is not an exception. The market had few large corrections towards the Core Lithium'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 Core Lithium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Core Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.03 |
Core Lithium 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 Core Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Core Lithium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Core Lithium generated a negative expected return over the last 90 days | |
| Core Lithium has high historical volatility and very poor performance | |
| Core Lithium has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 189.49 M. Net Loss for the year was (207.01 M) with profit before overhead, payroll, taxes, and interest of 30.95 M. | |
| Core Lithium generates negative cash flow from operations | |
| Latest headline from news.google.com: Why today is a big day for Core Lithium shares - The Motley Fool Australia |
Core Lithium 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 Core Stock often depends not only on the future outlook of the current and potential Core Lithium'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. Core Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B | |
| Cash And Short Term Investments | 88.2 M |
Core Lithium Technical Analysis
Core Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. Core Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Core Lithium. In general, you should focus on analyzing Core Stock price patterns and their correlations with different microeconomic environments and drivers.
Core Lithium Predictive Forecast Models
Core Lithium's time-series forecasting models is one of many Core Lithium'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 Core Lithium'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 Core Lithium
Checking the ongoing alerts about Core Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Core Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Core Lithium generated a negative expected return over the last 90 days | |
| Core Lithium has high historical volatility and very poor performance | |
| Core Lithium has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 189.49 M. Net Loss for the year was (207.01 M) with profit before overhead, payroll, taxes, and interest of 30.95 M. | |
| Core Lithium generates negative cash flow from operations | |
| Latest headline from news.google.com: Why today is a big day for Core Lithium shares - The Motley Fool Australia |
Additional Tools for Core Stock Analysis
When running Core Lithium's price analysis, check to measure Core Lithium'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 Core Lithium is operating at the current time. Most of Core Lithium's value examination focuses on studying past and present price action to predict the probability of Core Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Lithium's price. Additionally, you may evaluate how the addition of Core Lithium to your portfolios can decrease your overall portfolio volatility.