Ramaco Resources Stock Probability of Future Stock Price Finishing Under 10.43
| METCB Stock | 10.50 0.49 4.90% |
Ramaco |
Ramaco Resources Target Price Odds to finish below 10.43
The tendency of Ramaco 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 drop to 10.43 or more in 90 days |
| 10.50 | 90 days | 10.43 | about 69.38 |
Based on a normal probability distribution, the odds of Ramaco Resources to drop to 10.43 or more in 90 days from now is about 69.38 (This Ramaco Resources probability density function shows the probability of Ramaco Stock to fall within a particular range of prices over 90 days) . Probability of Ramaco Resources price to stay between 10.43 and its current price of 10.5 at the end of the 90-day period is about 7.38 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.3 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ramaco Resources will likely underperform. Additionally Ramaco Resources 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. Ramaco Resources Price Density |
| Price |
Predictive Modules for Ramaco 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 Ramaco 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ramaco Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ramaco Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ramaco Resources is not an exception. The market had few large corrections towards the Ramaco 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 Ramaco Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ramaco Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 1.30 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | 0.01 |
Ramaco 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 Ramaco Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ramaco 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.| Ramaco Resources is unlikely to experience financial distress in the next 2 years | |
| Ramaco Resources has a strong financial position based on the latest SEC filings | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: One Ramaco Resources Insider Raised Stake By 61 percent In Previous Year - Yahoo Finance |
Ramaco 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 Ramaco Stock often depends not only on the future outlook of the current and potential Ramaco 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. Ramaco Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.6 M | |
| Cash And Short Term Investments | 42.8 M |
Ramaco Resources Technical Analysis
Ramaco Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Ramaco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ramaco Resources. In general, you should focus on analyzing Ramaco Stock price patterns and their correlations with different microeconomic environments and drivers.
Ramaco Resources Predictive Forecast Models
Ramaco Resources' time-series forecasting models is one of many Ramaco 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 Ramaco 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 Ramaco Resources
Checking the ongoing alerts about Ramaco Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ramaco Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ramaco Resources is unlikely to experience financial distress in the next 2 years | |
| Ramaco Resources has a strong financial position based on the latest SEC filings | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: One Ramaco Resources Insider Raised Stake By 61 percent In Previous Year - Yahoo Finance |
Check out Ramaco Resources Backtesting, Ramaco Resources Valuation, Ramaco Resources Correlation, Ramaco Resources Hype Analysis, Ramaco Resources Volatility, Ramaco Resources History as well as Ramaco Resources Performance. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ramaco Resources. If investors know Ramaco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ramaco Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.538 | Earnings Share 0.67 | Revenue Per Share 14.816 | Quarterly Revenue Growth (0.10) |
The market value of Ramaco Resources is measured differently than its book value, which is the value of Ramaco that is recorded on the company's balance sheet. Investors also form their own opinion of Ramaco Resources' value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ramaco Resources' market value can be influenced by many factors that don't directly affect Ramaco Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ramaco Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramaco Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramaco Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.