Resource Base (Australia) Probability of Future Stock Price Finishing Under 0.0006

RBX Stock   0.04  0  9.09%   
Resource Base's future price is the expected price of Resource Base instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Resource Base performance during a given time horizon utilizing its historical volatility. Check out Resource Base Backtesting, Resource Base Valuation, Resource Base Correlation, Resource Base Hype Analysis, Resource Base Volatility, Resource Base History as well as Resource Base Performance.
  
Please specify Resource Base's target price for which you would like Resource Base odds to be computed.

Resource Base Target Price Odds to finish below 0.0006

The tendency of Resource 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 PriceHorizonTarget PriceOdds to drop to  0.0006  or more in 90 days
 0.04 90 days 0.0006 
near 1
Based on a normal probability distribution, the odds of Resource Base to drop to  0.0006  or more in 90 days from now is near 1 (This Resource Base probability density function shows the probability of Resource Stock to fall within a particular range of prices over 90 days) . Probability of Resource Base price to stay between  0.0006  and its current price of 0.036 at the end of the 90-day period is about 54.12 .
Assuming the 90 days trading horizon Resource Base has a beta of 0.5 indicating as returns on the market go up, Resource Base average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Resource Base will be expected to be much smaller as well. Additionally Resource Base has an alpha of 0.1611, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Resource Base Price Density   
       Price  

Predictive Modules for Resource Base

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Resource Base. 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.
Hype
Prediction
LowEstimatedHigh
0.000.044.71
Details
Intrinsic
Valuation
LowRealHigh
0.000.034.70
Details

Resource Base Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Resource Base is not an exception. The market had few large corrections towards the Resource Base'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 Resource Base, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Resource Base within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.16
β
Beta against Dow Jones0.50
σ
Overall volatility
0
Ir
Information ratio 0.03

Resource Base 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 Resource Base for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Resource Base can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Resource Base has some characteristics of a very speculative penny stock
Resource Base had very high historical volatility over the last 90 days
The company reported the revenue of 13.97 K. Net Loss for the year was (2.81 M) with profit before overhead, payroll, taxes, and interest of 10 K.
Resource Base has accumulated about 2.14 M in cash with (544.83 K) of positive cash flow from operations.
Roughly 38.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Arcadia Biosciences Enters Into Business Combination Agreement with Roosevelt Resources in All-Stock Transaction - Business Wire

Resource Base 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 Resource Stock often depends not only on the future outlook of the current and potential Resource Base'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. Resource Base's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding82.7 M
Cash And Short Term Investments585.1 K
Shares Float57.3 M

Resource Base Technical Analysis

Resource Base's future price can be derived by breaking down and analyzing its technical indicators over time. Resource Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Resource Base. In general, you should focus on analyzing Resource Stock price patterns and their correlations with different microeconomic environments and drivers.

Resource Base Predictive Forecast Models

Resource Base's time-series forecasting models is one of many Resource Base'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 Resource Base'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 Resource Base

Checking the ongoing alerts about Resource Base for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Resource Base help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Resource Base has some characteristics of a very speculative penny stock
Resource Base had very high historical volatility over the last 90 days
The company reported the revenue of 13.97 K. Net Loss for the year was (2.81 M) with profit before overhead, payroll, taxes, and interest of 10 K.
Resource Base has accumulated about 2.14 M in cash with (544.83 K) of positive cash flow from operations.
Roughly 38.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Arcadia Biosciences Enters Into Business Combination Agreement with Roosevelt Resources in All-Stock Transaction - Business Wire

Additional Tools for Resource Stock Analysis

When running Resource Base's price analysis, check to measure Resource Base'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 Resource Base is operating at the current time. Most of Resource Base's value examination focuses on studying past and present price action to predict the probability of Resource Base's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resource Base's price. Additionally, you may evaluate how the addition of Resource Base to your portfolios can decrease your overall portfolio volatility.