Excelsior Mining Corp Stock Probability of Future Stock Price Finishing Under 0.19
| MIN Stock | CAD 0.19 0.01 5.56% |
Excelsior |
Excelsior Mining Target Price Odds to finish below 0.19
The tendency of Excelsior 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 |
| 0.19 | 90 days | 0.19 | about 78.82 |
Based on a normal probability distribution, the odds of Excelsior Mining to move below current price in 90 days from now is about 78.82 (This Excelsior Mining Corp probability density function shows the probability of Excelsior Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.12 . This indicates Excelsior Mining Corp market returns are highly reactive to returns on the market. As the market goes up or down, Excelsior Mining is expected to follow. Additionally Excelsior Mining Corp has an alpha of 0.9451, implying that it can generate a 0.95 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Excelsior Mining Price Density |
| Price |
Predictive Modules for Excelsior Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Excelsior Mining 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.Excelsior Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Excelsior Mining is not an exception. The market had few large corrections towards the Excelsior Mining'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 Excelsior Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Excelsior Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.95 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.12 |
Excelsior Mining 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 Excelsior Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Excelsior Mining 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.| Excelsior Mining is way too risky over 90 days horizon | |
| Excelsior Mining has some characteristics of a very speculative penny stock | |
| Excelsior Mining appears to be risky and price may revert if volatility continues | |
| Excelsior Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.92 M. Net Loss for the year was (28.96 M) with loss before overhead, payroll, taxes, and interest of (1.09 M). | |
| Excelsior Mining Corp has accumulated about 5.6 M in cash with (10.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Latest headline from news.google.com: EXMGF - EXCELSIOR MINING CORP Latest Stock News Market Updates - StockTitan |
Excelsior Mining 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 Excelsior Stock often depends not only on the future outlook of the current and potential Excelsior Mining'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. Excelsior Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 278.7 M | |
| Cash And Short Term Investments | 6.2 M |
Excelsior Mining Technical Analysis
Excelsior Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Excelsior Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Excelsior Mining Corp. In general, you should focus on analyzing Excelsior Stock price patterns and their correlations with different microeconomic environments and drivers.
Excelsior Mining Predictive Forecast Models
Excelsior Mining's time-series forecasting models is one of many Excelsior Mining'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 Excelsior Mining'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 Excelsior Mining Corp
Checking the ongoing alerts about Excelsior Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Excelsior Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Excelsior Mining is way too risky over 90 days horizon | |
| Excelsior Mining has some characteristics of a very speculative penny stock | |
| Excelsior Mining appears to be risky and price may revert if volatility continues | |
| Excelsior Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.92 M. Net Loss for the year was (28.96 M) with loss before overhead, payroll, taxes, and interest of (1.09 M). | |
| Excelsior Mining Corp has accumulated about 5.6 M in cash with (10.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Latest headline from news.google.com: EXMGF - EXCELSIOR MINING CORP Latest Stock News Market Updates - StockTitan |
Other Information on Investing in Excelsior Stock
Excelsior Mining financial ratios help investors to determine whether Excelsior 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 Excelsior with respect to the benefits of owning Excelsior Mining security.