Fireweed Zinc Stock Probability of Future Stock Price Finishing Under 1.42
| FWZ Stock | CAD 1.42 0.01 0.70% |
Fireweed |
Fireweed Zinc Target Price Odds to finish below 1.42
The tendency of Fireweed 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 below current price in 90 days |
| 1.42 | 90 days | 1.42 | about 70.87 |
Based on a normal probability distribution, the odds of Fireweed Zinc to move below current price in 90 days from now is about 70.87 (This Fireweed Zinc probability density function shows the probability of Fireweed Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Fireweed Zinc has a beta of 0.35. This usually indicates as returns on the market go up, Fireweed Zinc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fireweed Zinc will be expected to be much smaller as well. Additionally Fireweed Zinc has an alpha of 0.1282, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fireweed Zinc Price Density |
| Price |
Predictive Modules for Fireweed Zinc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fireweed Zinc. 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.Fireweed Zinc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fireweed Zinc is not an exception. The market had few large corrections towards the Fireweed Zinc'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 Fireweed Zinc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fireweed Zinc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.02 |
Fireweed Zinc 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 Fireweed Zinc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fireweed Zinc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fireweed Zinc may become a speculative penny stock | |
| Fireweed Zinc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (33.26 M) with loss before overhead, payroll, taxes, and interest of (5.5 K). | |
| Fireweed Zinc has accumulated about 5.6 M in cash with (36.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Fireweed Metals Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Fireweed Zinc 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 Fireweed Stock often depends not only on the future outlook of the current and potential Fireweed Zinc'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. Fireweed Zinc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 138.6 M | |
| Cash And Short Term Investments | 19.2 M |
Fireweed Zinc Technical Analysis
Fireweed Zinc's future price can be derived by breaking down and analyzing its technical indicators over time. Fireweed Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fireweed Zinc. In general, you should focus on analyzing Fireweed Stock price patterns and their correlations with different microeconomic environments and drivers.
Fireweed Zinc Predictive Forecast Models
Fireweed Zinc's time-series forecasting models is one of many Fireweed Zinc'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 Fireweed Zinc'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 Fireweed Zinc
Checking the ongoing alerts about Fireweed Zinc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fireweed Zinc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fireweed Zinc may become a speculative penny stock | |
| Fireweed Zinc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (33.26 M) with loss before overhead, payroll, taxes, and interest of (5.5 K). | |
| Fireweed Zinc has accumulated about 5.6 M in cash with (36.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Fireweed Metals Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Additional Tools for Fireweed Stock Analysis
When running Fireweed Zinc's price analysis, check to measure Fireweed Zinc'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 Fireweed Zinc is operating at the current time. Most of Fireweed Zinc's value examination focuses on studying past and present price action to predict the probability of Fireweed Zinc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fireweed Zinc's price. Additionally, you may evaluate how the addition of Fireweed Zinc to your portfolios can decrease your overall portfolio volatility.