Surge Battery Metals Stock Probability of Future Stock Price Finishing Over 0.33
| NILI Stock | CAD 0.34 0.01 2.86% |
Surge |
Surge Battery Target Price Odds to finish over 0.33
The tendency of Surge 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 stay above C$ 0.33 in 90 days |
| 0.34 | 90 days | 0.33 | about 88.39 |
Based on a normal probability distribution, the odds of Surge Battery to stay above C$ 0.33 in 90 days from now is about 88.39 (This Surge Battery Metals probability density function shows the probability of Surge Stock to fall within a particular range of prices over 90 days) . Probability of Surge Battery Metals price to stay between C$ 0.33 and its current price of C$0.34 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Surge Battery has a beta of 0.51. This indicates as returns on the market go up, Surge Battery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Surge Battery Metals will be expected to be much smaller as well. Additionally Surge Battery Metals has an alpha of 0.2411, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Surge Battery Price Density |
| Price |
Predictive Modules for Surge Battery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surge Battery Metals. 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.Surge Battery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Surge Battery is not an exception. The market had few large corrections towards the Surge Battery'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 Surge Battery Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Surge Battery within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.04 |
Surge Battery 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 Surge Battery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Surge Battery Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Surge Battery Metals has some characteristics of a very speculative penny stock | |
| Surge Battery Metals had very high historical volatility over the last 90 days | |
| Surge Battery Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Battery Metals has accumulated about 3.5 M in cash with (3.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Surge Battery 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 Surge Stock often depends not only on the future outlook of the current and potential Surge Battery'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. Surge Battery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 161.1 M |
Surge Battery Technical Analysis
Surge Battery's future price can be derived by breaking down and analyzing its technical indicators over time. Surge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Surge Battery Metals. In general, you should focus on analyzing Surge Stock price patterns and their correlations with different microeconomic environments and drivers.
Surge Battery Predictive Forecast Models
Surge Battery's time-series forecasting models is one of many Surge Battery'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 Surge Battery'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 Surge Battery Metals
Checking the ongoing alerts about Surge Battery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Surge Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Surge Battery Metals has some characteristics of a very speculative penny stock | |
| Surge Battery Metals had very high historical volatility over the last 90 days | |
| Surge Battery Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Battery Metals has accumulated about 3.5 M in cash with (3.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Additional Tools for Surge Stock Analysis
When running Surge Battery's price analysis, check to measure Surge Battery'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 Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.