Franklin Mining Stock Probability of Future Pink Sheet Price Finishing Over 0.0011
| FMNJ Stock | USD 0 0.00 0.00% |
Franklin |
Franklin Mining Target Price Odds to finish over 0.0011
The tendency of Franklin 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 stay above $ 0 in 90 days |
| 0 | 90 days | 0 | about 54.95 |
Based on a normal probability distribution, the odds of Franklin Mining to stay above $ 0 in 90 days from now is about 54.95 (This Franklin Mining probability density function shows the probability of Franklin Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Franklin Mining price to stay between $ 0 and its current price of $0.0014 at the end of the 90-day period is about 40.1 .
Given the investment horizon of 90 days Franklin Mining has a beta of -1.61. This usually indicates as returns on its benchmark rise, returns on holding Franklin Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Franklin Mining is expected to outperform its benchmark. In addition to that Franklin Mining has an alpha of 2.3959, implying that it can generate a 2.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Franklin Mining Price Density |
| Price |
Predictive Modules for Franklin 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 Franklin Mining. 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.Franklin Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Mining is not an exception. The market had few large corrections towards the Franklin 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 Franklin Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.40 | |
β | Beta against Dow Jones | -1.61 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | 0.1 |
Franklin 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 Franklin Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Franklin Mining is way too risky over 90 days horizon | |
| Franklin Mining has some characteristics of a very speculative penny stock | |
| Franklin Mining appears to be risky and price may revert if volatility continues | |
| Franklin Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (195.39 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Franklin Mining currently holds about 3.62 K in cash with (74.19 K) of positive cash flow from operations. |
Franklin Mining Technical Analysis
Franklin Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Mining. In general, you should focus on analyzing Franklin Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Franklin Mining Predictive Forecast Models
Franklin Mining's time-series forecasting models is one of many Franklin Mining'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 Franklin 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Franklin Mining
Checking the ongoing alerts about Franklin Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Franklin Mining is way too risky over 90 days horizon | |
| Franklin Mining has some characteristics of a very speculative penny stock | |
| Franklin Mining appears to be risky and price may revert if volatility continues | |
| Franklin Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (195.39 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Franklin Mining currently holds about 3.62 K in cash with (74.19 K) of positive cash flow from operations. |
Other Information on Investing in Franklin Pink Sheet
Franklin Mining financial ratios help investors to determine whether Franklin 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 Franklin with respect to the benefits of owning Franklin Mining security.