Premier African Minerals Stock Probability of Future Pink Sheet Price Finishing Over 10.23
| PRMMF Stock | 0 0.00 0.00% |
Premier |
Premier African Target Price Odds to finish over 10.23
The tendency of Premier 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 move over 10.23 or more in 90 days |
| 0 | 90 days | 10.23 | close to zero percent |
Based on a normal probability distribution, the odds of Premier African to move over 10.23 or more in 90 days from now is close to zero percent (This Premier African Minerals probability density function shows the probability of Premier Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Premier African Minerals price to stay between its current price of 0 and 10.23 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Premier African Minerals has a beta of -0.77 indicating as returns on the benchmark increase, returns on holding Premier African are expected to decrease at a much lower rate. During a bear market, however, Premier African Minerals is likely to outperform the market. Additionally Premier African Minerals has an alpha of 0.4725, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Premier African Price Density |
| Price |
Predictive Modules for Premier African
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Premier African Minerals. 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.Premier African Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Premier African is not an exception. The market had few large corrections towards the Premier African'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 Premier African Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Premier African within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | 0.09 |
Premier African 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 Premier African for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Premier African Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Premier African has some characteristics of a very speculative penny stock | |
| Premier African had very high historical volatility over the last 90 days |
Premier African Technical Analysis
Premier African's future price can be derived by breaking down and analyzing its technical indicators over time. Premier Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Premier African Minerals. In general, you should focus on analyzing Premier Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Premier African Predictive Forecast Models
Premier African's time-series forecasting models is one of many Premier African's 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 Premier African'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Premier African Minerals
Checking the ongoing alerts about Premier African for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Premier African Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Premier African has some characteristics of a very speculative penny stock | |
| Premier African had very high historical volatility over the last 90 days |