Highland Copper Stock Probability of Future Stock Price Finishing Over 16.05
| HI Stock | CAD 0.07 0.01 12.50% |
Highland |
Highland Copper Target Price Odds to finish over 16.05
The tendency of Highland 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 over C$ 16.05 or more in 90 days |
| 0.07 | 90 days | 16.05 | close to zero percent |
Based on a normal probability distribution, the odds of Highland Copper to move over C$ 16.05 or more in 90 days from now is close to zero percent (This Highland Copper probability density function shows the probability of Highland Stock to fall within a particular range of prices over 90 days) . Probability of Highland Copper price to stay between its current price of C$ 0.07 and C$ 16.05 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days Highland Copper has a beta of -0.42. This usually indicates as returns on the benchmark increase, returns on holding Highland Copper are expected to decrease at a much lower rate. During a bear market, however, Highland Copper is likely to outperform the market. Additionally Highland 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. Highland Copper Price Density |
| Price |
Predictive Modules for Highland 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 Highland 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.Highland Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Highland Copper is not an exception. The market had few large corrections towards the Highland 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 Highland Copper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highland Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
Highland 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 Highland Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Highland 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.| Highland Copper generated a negative expected return over the last 90 days | |
| Highland Copper has high historical volatility and very poor performance | |
| Highland Copper has some characteristics of a very speculative penny stock | |
| Highland Copper currently holds 5.92 M in liabilities with Debt to Equity (D/E) ratio of 50.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Highland 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 when due. Debt can assist Highland Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Highland 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 Highland Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Highland to invest in growth at high rates of return. When we think about Highland Copper's use of debt, we should always consider it together with cash and equity. | |
| Highland Copper currently holds about 111.22 K in cash with (11.82 M) of positive cash flow from operations. | |
| Roughly 60.0% of Highland Copper shares are owned by institutional investors | |
| Latest headline from news.google.com: Highland Copper Co 3-Year FCF Growth Rate -122.40 percent - GuruFocus.com |
Highland 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 Highland Stock often depends not only on the future outlook of the current and potential Highland 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. Highland Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 736.4 M |
Highland Copper Technical Analysis
Highland Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Highland Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Highland Copper. In general, you should focus on analyzing Highland Stock price patterns and their correlations with different microeconomic environments and drivers.
Highland Copper Predictive Forecast Models
Highland Copper's time-series forecasting models is one of many Highland 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 Highland 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 Highland Copper
Checking the ongoing alerts about Highland Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Highland Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Highland Copper generated a negative expected return over the last 90 days | |
| Highland Copper has high historical volatility and very poor performance | |
| Highland Copper has some characteristics of a very speculative penny stock | |
| Highland Copper currently holds 5.92 M in liabilities with Debt to Equity (D/E) ratio of 50.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Highland 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 when due. Debt can assist Highland Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Highland 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 Highland Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Highland to invest in growth at high rates of return. When we think about Highland Copper's use of debt, we should always consider it together with cash and equity. | |
| Highland Copper currently holds about 111.22 K in cash with (11.82 M) of positive cash flow from operations. | |
| Roughly 60.0% of Highland Copper shares are owned by institutional investors | |
| Latest headline from news.google.com: Highland Copper Co 3-Year FCF Growth Rate -122.40 percent - GuruFocus.com |
Additional Tools for Highland Stock Analysis
When running Highland Copper's price analysis, check to measure Highland 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 Highland Copper is operating at the current time. Most of Highland Copper's value examination focuses on studying past and present price action to predict the probability of Highland 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 Highland Copper's price. Additionally, you may evaluate how the addition of Highland Copper to your portfolios can decrease your overall portfolio volatility.