Nobel Resources Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.03
| NBTRF Stock | USD 0.03 0.00 0.00% |
Nobel |
Nobel Resources Target Price Odds to finish below 0.03
The tendency of Nobel Pink Sheet 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 stay under $ 0.03 after 90 days |
| 0.03 | 90 days | 0.03 | close to 99 |
Based on a normal probability distribution, the odds of Nobel Resources to stay under $ 0.03 after 90 days from now is close to 99 (This Nobel Resources Corp probability density function shows the probability of Nobel Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Nobel Resources Corp price to stay between its current price of $ 0.03 and $ 0.03 at the end of the 90-day period is about 7.69 .
Assuming the 90 days horizon Nobel Resources Corp has a beta of -0.49. This indicates as returns on the benchmark increase, returns on holding Nobel Resources are expected to decrease at a much lower rate. During a bear market, however, Nobel Resources Corp is likely to outperform the market. Additionally Nobel Resources Corp 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. Nobel Resources Price Density |
| Price |
Predictive Modules for Nobel 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 Nobel Resources Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Nobel Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nobel Resources is not an exception. The market had few large corrections towards the Nobel 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 Nobel Resources Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nobel Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.03 |
Nobel 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 Nobel Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nobel Resources 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.| Nobel Resources Corp has some characteristics of a very speculative penny stock | |
| Nobel Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.54 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nobel Resources Corp has accumulated about 1.56 M in cash with (8.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Nobel 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 Nobel Pink Sheet often depends not only on the future outlook of the current and potential Nobel 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. Nobel Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 77.1 M |
Nobel Resources Technical Analysis
Nobel Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Nobel Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nobel Resources Corp. In general, you should focus on analyzing Nobel Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nobel Resources Predictive Forecast Models
Nobel Resources' time-series forecasting models is one of many Nobel Resources' pink sheet 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 Nobel 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Nobel Resources Corp
Checking the ongoing alerts about Nobel Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nobel Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nobel Resources Corp has some characteristics of a very speculative penny stock | |
| Nobel Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.54 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nobel Resources Corp has accumulated about 1.56 M in cash with (8.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Other Information on Investing in Nobel Pink Sheet
Nobel Resources financial ratios help investors to determine whether Nobel Pink Sheet 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 Nobel with respect to the benefits of owning Nobel Resources security.