Blue Moon Zinc Stock Probability of Future Stock Price Finishing Over 0.36
| MOON Stock | CAD 0.36 0.00 0.00% |
Blue |
Blue Moon Target Price Odds to finish over 0.36
The tendency of Blue 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 above the current price in 90 days |
| 0.36 | 90 days | 0.36 | about 26.53 |
Based on a normal probability distribution, the odds of Blue Moon to move above the current price in 90 days from now is about 26.53 (This Blue Moon Zinc probability density function shows the probability of Blue Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Blue Moon Zinc has a beta of -0.35. This indicates as returns on the benchmark increase, returns on holding Blue Moon are expected to decrease at a much lower rate. During a bear market, however, Blue Moon Zinc is likely to outperform the market. Additionally Blue Moon Zinc has an alpha of 0.5488, implying that it can generate a 0.55 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blue Moon Price Density |
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Predictive Modules for Blue Moon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Moon Zinc. 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.Blue Moon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blue Moon is not an exception. The market had few large corrections towards the Blue Moon'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 Blue Moon Zinc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blue Moon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.55 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.11 |
Blue Moon 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 Blue Moon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blue Moon Zinc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blue Moon Zinc has some characteristics of a very speculative penny stock | |
| Blue Moon Zinc had very high historical volatility over the last 90 days | |
| Blue Moon Zinc has accumulated 194.92 K in total debt. Blue Moon Zinc has a current ratio of 0.05, 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 Blue Moon until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Moon's 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 Blue Moon Zinc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Moon's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (340.86 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Blue Moon Zinc has accumulated about 2.71 K in cash with (322.14 K) of positive cash flow from operations. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Blue Moon acquires two brownfield copper projects in Norway for US67M - The Northern Miner |
Blue Moon 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 Blue Stock often depends not only on the future outlook of the current and potential Blue Moon'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. Blue Moon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.8 M | |
| Cash And Short Term Investments | 369.2 K |
Blue Moon Technical Analysis
Blue Moon's future price can be derived by breaking down and analyzing its technical indicators over time. Blue Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Moon Zinc. In general, you should focus on analyzing Blue Stock price patterns and their correlations with different microeconomic environments and drivers.
Blue Moon Predictive Forecast Models
Blue Moon's time-series forecasting models is one of many Blue Moon'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 Blue Moon'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 Blue Moon Zinc
Checking the ongoing alerts about Blue Moon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blue Moon Zinc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blue Moon Zinc has some characteristics of a very speculative penny stock | |
| Blue Moon Zinc had very high historical volatility over the last 90 days | |
| Blue Moon Zinc has accumulated 194.92 K in total debt. Blue Moon Zinc has a current ratio of 0.05, 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 Blue Moon until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Moon's 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 Blue Moon Zinc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Moon's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (340.86 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Blue Moon Zinc has accumulated about 2.71 K in cash with (322.14 K) of positive cash flow from operations. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Blue Moon acquires two brownfield copper projects in Norway for US67M - The Northern Miner |
Additional Tools for Blue Stock Analysis
When running Blue Moon's price analysis, check to measure Blue Moon's 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 Blue Moon is operating at the current time. Most of Blue Moon's value examination focuses on studying past and present price action to predict the probability of Blue Moon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Moon's price. Additionally, you may evaluate how the addition of Blue Moon to your portfolios can decrease your overall portfolio volatility.