Laramide Resources Stock Probability of Future Stock Price Finishing Under 0.66
| LAM Stock | CAD 0.66 0.02 2.94% |
Laramide |
Laramide Resources Target Price Odds to finish below 0.66
The tendency of Laramide 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 |
| 0.66 | 90 days | 0.66 | about 32.56 |
Based on a normal probability distribution, the odds of Laramide Resources to move below current price in 90 days from now is about 32.56 (This Laramide Resources probability density function shows the probability of Laramide Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Laramide Resources has a beta of -0.94. This indicates Additionally Laramide Resources has an alpha of 0.609, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Laramide Resources Price Density |
| Price |
Predictive Modules for Laramide Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Laramide Resources. 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.Laramide Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Laramide Resources is not an exception. The market had few large corrections towards the Laramide Resources' 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 Laramide Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Laramide Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | -0.94 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.09 |
Laramide Resources 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 Laramide Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Laramide Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Laramide Resources has some characteristics of a very speculative penny stock | |
| Laramide Resources appears to be risky and price may revert if volatility continues | |
| Laramide Resources has accumulated 4.33 M in total debt with debt to equity ratio (D/E) of 13.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Laramide Resources has a current ratio of 0.06, 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 Laramide Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Laramide Resources' 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 Laramide Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laramide to invest in growth at high rates of return. When we think about Laramide Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Laramide Resources has accumulated about 63.45 K in cash with (2.7 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Alphabet Cl A Quote - Press Release - The Globe and Mail |
Laramide Resources 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 Laramide Stock often depends not only on the future outlook of the current and potential Laramide Resources' 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. Laramide Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 228.8 M | |
| Cash And Short Term Investments | 9.6 M |
Laramide Resources Technical Analysis
Laramide Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Laramide Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Laramide Resources. In general, you should focus on analyzing Laramide Stock price patterns and their correlations with different microeconomic environments and drivers.
Laramide Resources Predictive Forecast Models
Laramide Resources' time-series forecasting models is one of many Laramide Resources' 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 Laramide Resources' 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 Laramide Resources
Checking the ongoing alerts about Laramide Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Laramide Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Laramide Resources has some characteristics of a very speculative penny stock | |
| Laramide Resources appears to be risky and price may revert if volatility continues | |
| Laramide Resources has accumulated 4.33 M in total debt with debt to equity ratio (D/E) of 13.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Laramide Resources has a current ratio of 0.06, 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 Laramide Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Laramide Resources' 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 Laramide Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laramide to invest in growth at high rates of return. When we think about Laramide Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Laramide Resources has accumulated about 63.45 K in cash with (2.7 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Alphabet Cl A Quote - Press Release - The Globe and Mail |
Other Information on Investing in Laramide Stock
Laramide Resources financial ratios help investors to determine whether Laramide 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 Laramide with respect to the benefits of owning Laramide Resources security.