Getty Copper Stock Probability of Future Stock Price Finishing Under 0.0008
| GTC Stock | CAD 0.03 0.00 0.00% |
Getty |
Getty Copper Target Price Odds to finish below 0.0008
The tendency of Getty 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$ 0.0008 or more in 90 days |
| 0.03 | 90 days | 0.0008 | near 1 |
Based on a normal probability distribution, the odds of Getty Copper to drop to C$ 0.0008 or more in 90 days from now is near 1 (This Getty Copper probability density function shows the probability of Getty Stock to fall within a particular range of prices over 90 days) . Probability of Getty Copper price to stay between C$ 0.0008 and its current price of C$0.03 at the end of the 90-day period is nearly 4.1 .
Assuming the 90 days horizon Getty Copper has a beta of 0.36. This usually indicates as returns on the market go up, Getty Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Getty Copper will be expected to be much smaller as well. Additionally Getty Copper 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. Getty Copper Price Density |
| Price |
Predictive Modules for Getty Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Getty Copper. 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.Getty Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Getty Copper is not an exception. The market had few large corrections towards the Getty Copper'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 Getty Copper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Getty Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.92 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.18 |
Getty Copper 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 Getty Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Getty Copper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Getty Copper generated a negative expected return over the last 90 days | |
| Getty Copper has some characteristics of a very speculative penny stock | |
| Getty Copper has high historical volatility and very poor performance | |
| Getty Copper has a very high chance of going through financial distress in the upcoming years | |
| Getty Copper has accumulated 1.46 M in total debt with debt to equity ratio (D/E) of 0.61, which is about average as compared to similar companies. Getty Copper has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Getty Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Getty Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Getty Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Getty to invest in growth at high rates of return. When we think about Getty Copper's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (449.97 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Getty Copper has accumulated about 54.36 K in cash with (131.55 K) of positive cash flow from operations. | |
| Roughly 58.0% of Getty Copper shares are held by company insiders | |
| Latest headline from news.google.com: GETTY COPPER INC. ENTERS INTO LOAN AGREEMENT - Yahoo Finance |
Getty Copper 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 Getty Stock often depends not only on the future outlook of the current and potential Getty Copper'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. Getty Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 121.9 M |
Getty Copper Technical Analysis
Getty Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Getty Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Getty Copper. In general, you should focus on analyzing Getty Stock price patterns and their correlations with different microeconomic environments and drivers.
Getty Copper Predictive Forecast Models
Getty Copper's time-series forecasting models is one of many Getty Copper'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 Getty Copper'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 Getty Copper
Checking the ongoing alerts about Getty Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Getty Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Getty Copper generated a negative expected return over the last 90 days | |
| Getty Copper has some characteristics of a very speculative penny stock | |
| Getty Copper has high historical volatility and very poor performance | |
| Getty Copper has a very high chance of going through financial distress in the upcoming years | |
| Getty Copper has accumulated 1.46 M in total debt with debt to equity ratio (D/E) of 0.61, which is about average as compared to similar companies. Getty Copper has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Getty Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Getty Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Getty Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Getty to invest in growth at high rates of return. When we think about Getty Copper's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (449.97 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Getty Copper has accumulated about 54.36 K in cash with (131.55 K) of positive cash flow from operations. | |
| Roughly 58.0% of Getty Copper shares are held by company insiders | |
| Latest headline from news.google.com: GETTY COPPER INC. ENTERS INTO LOAN AGREEMENT - Yahoo Finance |
Additional Tools for Getty Stock Analysis
When running Getty Copper's price analysis, check to measure Getty Copper'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 Getty Copper is operating at the current time. Most of Getty Copper's value examination focuses on studying past and present price action to predict the probability of Getty Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Copper's price. Additionally, you may evaluate how the addition of Getty Copper to your portfolios can decrease your overall portfolio volatility.