Core Lithium Stock Probability of Future Pink Sheet Price Finishing Under 0.0564
| CXOXF Stock | USD 0.08 0.02 39.33% |
Core |
Core Lithium Target Price Odds to finish below 0.0564
The tendency of Core Pink Sheet 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 $ 0.06 or more in 90 days |
| 0.08 | 90 days | 0.06 | about 9.55 |
Based on a normal probability distribution, the odds of Core Lithium to drop to $ 0.06 or more in 90 days from now is about 9.55 (This Core Lithium probability density function shows the probability of Core Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Core Lithium price to stay between $ 0.06 and its current price of $0.079 at the end of the 90-day period is about 63.31 .
Assuming the 90 days horizon Core Lithium has a beta of 0.31 suggesting as returns on the market go up, Core Lithium average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Core Lithium will be expected to be much smaller as well. Moreover Core Lithium has an alpha of 1.2453, implying that it can generate a 1.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Core Lithium'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.
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 | 1.25 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
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 is way too risky over 90 days horizon | |
| Core Lithium has some characteristics of a very speculative penny stock | |
| Core Lithium appears to be risky and price may revert if volatility continues | |
| Core Lithium has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 315.36 K. Net Loss for the year was (7.47 M) with profit before overhead, payroll, taxes, and interest of 315.36 K. | |
| Core Lithium has accumulated about 135.39 M in cash with (6.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of the company shares are held by company insiders |
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 Pink Sheet 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 | 1.7 B |
Core Lithium Technical Analysis
Core Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. Core Pink Sheet 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 Pink Sheet 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 pink sheet 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 pink sheet 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 is way too risky over 90 days horizon | |
| Core Lithium has some characteristics of a very speculative penny stock | |
| Core Lithium appears to be risky and price may revert if volatility continues | |
| Core Lithium has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 315.36 K. Net Loss for the year was (7.47 M) with profit before overhead, payroll, taxes, and interest of 315.36 K. | |
| Core Lithium has accumulated about 135.39 M in cash with (6.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of the company shares are held by company insiders |
Other Information on Investing in Core Pink Sheet
Core Lithium financial ratios help investors to determine whether Core Pink Sheet 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 Core with respect to the benefits of owning Core Lithium security.