Inplay Oil Corp Stock Probability of Future Stock Price Finishing Under 2.54
| IPO Stock | CAD 1.77 0.03 1.67% |
InPlay |
InPlay Oil Target Price Odds to finish below 2.54
The tendency of InPlay 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 stay under C$ 2.54 after 90 days |
| 1.77 | 90 days | 2.54 | close to 99 |
Based on a normal probability distribution, the odds of InPlay Oil to stay under C$ 2.54 after 90 days from now is close to 99 (This InPlay Oil Corp probability density function shows the probability of InPlay Stock to fall within a particular range of prices over 90 days) . Probability of InPlay Oil Corp price to stay between its current price of C$ 1.77 and C$ 2.54 at the end of the 90-day period is about 92.17 .
Assuming the 90 days trading horizon InPlay Oil has a beta of 0.3. This usually indicates as returns on the market go up, InPlay Oil average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding InPlay Oil Corp will be expected to be much smaller as well. Additionally InPlay Oil Corp 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. InPlay Oil Price Density |
| Price |
Predictive Modules for InPlay Oil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as InPlay Oil Corp. 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.InPlay Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. InPlay Oil is not an exception. The market had few large corrections towards the InPlay Oil'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 InPlay Oil Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of InPlay Oil within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.2 |
InPlay Oil 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 InPlay Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for InPlay Oil Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| InPlay Oil Corp generated a negative expected return over the last 90 days | |
| InPlay Oil Corp may become a speculative penny stock | |
| InPlay Oil Corp has high likelihood to experience some financial distress in the next 2 years | |
| InPlay Oil Corp has accumulated 51.29 M in total debt with debt to equity ratio (D/E) of 1.16, which is about average as compared to similar companies. InPlay Oil Corp has a current ratio of 0.1, 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 InPlay Oil until it has trouble settling it off, either with new capital or with free cash flow. So, InPlay Oil'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 InPlay Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for InPlay to invest in growth at high rates of return. When we think about InPlay Oil's use of debt, we should always consider it together with cash and equity. | |
| About 25.0% of InPlay Oil shares are held by company insiders | |
| Latest headline from news.google.com: Q1 EPS Estimates for InPlay Oil Decreased by Noble Financial - MarketBeat |
InPlay Oil 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 InPlay Stock often depends not only on the future outlook of the current and potential InPlay Oil'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. InPlay Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.6 M | |
| Cash And Short Term Investments | -1.00 |
InPlay Oil Technical Analysis
InPlay Oil's future price can be derived by breaking down and analyzing its technical indicators over time. InPlay Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of InPlay Oil Corp. In general, you should focus on analyzing InPlay Stock price patterns and their correlations with different microeconomic environments and drivers.
InPlay Oil Predictive Forecast Models
InPlay Oil's time-series forecasting models is one of many InPlay Oil'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 InPlay Oil'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 InPlay Oil Corp
Checking the ongoing alerts about InPlay Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for InPlay Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| InPlay Oil Corp generated a negative expected return over the last 90 days | |
| InPlay Oil Corp may become a speculative penny stock | |
| InPlay Oil Corp has high likelihood to experience some financial distress in the next 2 years | |
| InPlay Oil Corp has accumulated 51.29 M in total debt with debt to equity ratio (D/E) of 1.16, which is about average as compared to similar companies. InPlay Oil Corp has a current ratio of 0.1, 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 InPlay Oil until it has trouble settling it off, either with new capital or with free cash flow. So, InPlay Oil'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 InPlay Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for InPlay to invest in growth at high rates of return. When we think about InPlay Oil's use of debt, we should always consider it together with cash and equity. | |
| About 25.0% of InPlay Oil shares are held by company insiders | |
| Latest headline from news.google.com: Q1 EPS Estimates for InPlay Oil Decreased by Noble Financial - MarketBeat |
Other Information on Investing in InPlay Stock
InPlay Oil financial ratios help investors to determine whether InPlay Stock 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 InPlay with respect to the benefits of owning InPlay Oil security.