Mcchip Resources Stock Probability of Future Stock Price Finishing Over 3.99
| MCS Stock | CAD 0.75 0.10 11.76% |
McChip |
McChip Resources Target Price Odds to finish over 3.99
The tendency of McChip 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$ 3.99 or more in 90 days |
| 0.75 | 90 days | 3.99 | close to zero percent |
Based on a normal probability distribution, the odds of McChip Resources to move over C$ 3.99 or more in 90 days from now is close to zero percent (This McChip Resources probability density function shows the probability of McChip Stock to fall within a particular range of prices over 90 days) . Probability of McChip Resources price to stay between its current price of C$ 0.75 and C$ 3.99 at the end of the 90-day period is about 32.01 .
Assuming the 90 days horizon McChip Resources has a beta of 0.49. This indicates as returns on the market go up, McChip Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding McChip Resources will be expected to be much smaller as well. Additionally McChip Resources has an alpha of 0.3849, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). McChip Resources Price Density |
| Price |
Predictive Modules for McChip 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 McChip 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.McChip Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. McChip Resources is not an exception. The market had few large corrections towards the McChip 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 McChip Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of McChip Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.11 |
McChip 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 McChip Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for McChip 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.| McChip Resources has some characteristics of a very speculative penny stock | |
| McChip Resources had very high historical volatility over the last 90 days | |
| McChip Resources has accumulated about 6.42 M in cash with (149.1 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
McChip 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 McChip Stock often depends not only on the future outlook of the current and potential McChip 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. McChip Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.7 M |
McChip Resources Technical Analysis
McChip Resources' future price can be derived by breaking down and analyzing its technical indicators over time. McChip Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of McChip Resources. In general, you should focus on analyzing McChip Stock price patterns and their correlations with different microeconomic environments and drivers.
McChip Resources Predictive Forecast Models
McChip Resources' time-series forecasting models is one of many McChip 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 McChip 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 McChip Resources
Checking the ongoing alerts about McChip Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for McChip Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| McChip Resources has some characteristics of a very speculative penny stock | |
| McChip Resources had very high historical volatility over the last 90 days | |
| McChip Resources has accumulated about 6.42 M in cash with (149.1 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for McChip Stock Analysis
When running McChip Resources' price analysis, check to measure McChip Resources' 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.