Marimaca Copper Corp Stock Probability of Future Stock Price Finishing Over 13.16
| MARI Stock | CAD 4.89 0.01 0.20% |
Marimaca |
Marimaca Copper Target Price Odds to finish over 13.16
The tendency of Marimaca 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$ 13.16 or more in 90 days |
| 4.89 | 90 days | 13.16 | close to zero percent |
Based on a normal probability distribution, the odds of Marimaca Copper to move over C$ 13.16 or more in 90 days from now is close to zero percent (This Marimaca Copper Corp probability density function shows the probability of Marimaca Stock to fall within a particular range of prices over 90 days) . Probability of Marimaca Copper Corp price to stay between its current price of C$ 4.89 and C$ 13.16 at the end of the 90-day period is about 10.44 .
Assuming the 90 days trading horizon Marimaca Copper Corp has a beta of -0.35. This indicates as returns on the benchmark increase, returns on holding Marimaca Copper are expected to decrease at a much lower rate. During a bear market, however, Marimaca Copper Corp is likely to outperform the market. Additionally Marimaca Copper Corp has an alpha of 0.3507, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Marimaca Copper Price Density |
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Predictive Modules for Marimaca 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 Marimaca Copper 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.Marimaca Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Marimaca Copper is not an exception. The market had few large corrections towards the Marimaca 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 Marimaca Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Marimaca Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.10 |
Marimaca 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 Marimaca Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Marimaca Copper 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.| Marimaca Copper Corp had very high historical volatility over the last 90 days | |
| Net Loss for the year was (7.11 M) with loss before overhead, payroll, taxes, and interest of (1.7 M). | |
| Marimaca Copper Corp has accumulated about 14.64 M in cash with (3.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Marimaca Signs Binding Option to Acquire the Madrugador Project, Further Consolidating the SdM Exploration District - Markets Insider |
Marimaca 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 Marimaca Stock often depends not only on the future outlook of the current and potential Marimaca 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. Marimaca Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.5 M | |
| Cash And Short Term Investments | 16.7 M |
Marimaca Copper Technical Analysis
Marimaca Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Marimaca Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Marimaca Copper Corp. In general, you should focus on analyzing Marimaca Stock price patterns and their correlations with different microeconomic environments and drivers.
Marimaca Copper Predictive Forecast Models
Marimaca Copper's time-series forecasting models is one of many Marimaca 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 Marimaca 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 Marimaca Copper Corp
Checking the ongoing alerts about Marimaca Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Marimaca Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Marimaca Copper Corp had very high historical volatility over the last 90 days | |
| Net Loss for the year was (7.11 M) with loss before overhead, payroll, taxes, and interest of (1.7 M). | |
| Marimaca Copper Corp has accumulated about 14.64 M in cash with (3.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Marimaca Signs Binding Option to Acquire the Madrugador Project, Further Consolidating the SdM Exploration District - Markets Insider |
Other Information on Investing in Marimaca Stock
Marimaca Copper financial ratios help investors to determine whether Marimaca 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 Marimaca with respect to the benefits of owning Marimaca Copper security.