Finlay Minerals Stock Probability of Future Stock Price Finishing Under 0.0002
| FYL Stock | CAD 0.02 0.01 33.33% |
Finlay |
Finlay Minerals Target Price Odds to finish below 0.0002
The tendency of Finlay 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$ 0.0002 or more in 90 days |
| 0.02 | 90 days | 0.0002 | near 1 |
Based on a normal probability distribution, the odds of Finlay Minerals to drop to C$ 0.0002 or more in 90 days from now is near 1 (This Finlay Minerals probability density function shows the probability of Finlay Stock to fall within a particular range of prices over 90 days) . Probability of Finlay Minerals price to stay between C$ 0.0002 and its current price of C$0.02 at the end of the 90-day period is about 1.67 .
Assuming the 90 days horizon Finlay Minerals has a beta of 0.89. This usually indicates Finlay Minerals market returns are correlated to returns on the market. As the market goes up or down, Finlay Minerals is expected to follow. Additionally Finlay Minerals 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. Finlay Minerals Price Density |
| Price |
Predictive Modules for Finlay Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Finlay Minerals. 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.Finlay Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Finlay Minerals is not an exception. The market had few large corrections towards the Finlay Minerals' 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 Finlay Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Finlay Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.67 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Finlay Minerals 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 Finlay Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Finlay Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Finlay Minerals generated a negative expected return over the last 90 days | |
| Finlay Minerals has high historical volatility and very poor performance | |
| Finlay Minerals has some characteristics of a very speculative penny stock | |
| Finlay Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (394.3 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Finlay Minerals has accumulated about 319.17 K in cash with (291.1 K) of positive cash flow from operations. | |
| Roughly 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Finlay Minerals Gains 200,000 in Warrant Exercise - MSN |
Finlay Minerals 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 Finlay Stock often depends not only on the future outlook of the current and potential Finlay Minerals' 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. Finlay Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 133.8 M | |
| Cash And Short Term Investments | 641 K |
Finlay Minerals Technical Analysis
Finlay Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Finlay Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Finlay Minerals. In general, you should focus on analyzing Finlay Stock price patterns and their correlations with different microeconomic environments and drivers.
Finlay Minerals Predictive Forecast Models
Finlay Minerals' time-series forecasting models is one of many Finlay Minerals' 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 Finlay Minerals' 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 Finlay Minerals
Checking the ongoing alerts about Finlay Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Finlay Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Finlay Minerals generated a negative expected return over the last 90 days | |
| Finlay Minerals has high historical volatility and very poor performance | |
| Finlay Minerals has some characteristics of a very speculative penny stock | |
| Finlay Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (394.3 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Finlay Minerals has accumulated about 319.17 K in cash with (291.1 K) of positive cash flow from operations. | |
| Roughly 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Finlay Minerals Gains 200,000 in Warrant Exercise - MSN |
Additional Tools for Finlay Stock Analysis
When running Finlay Minerals' price analysis, check to measure Finlay Minerals' 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 Finlay Minerals is operating at the current time. Most of Finlay Minerals' value examination focuses on studying past and present price action to predict the probability of Finlay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finlay Minerals' price. Additionally, you may evaluate how the addition of Finlay Minerals to your portfolios can decrease your overall portfolio volatility.