Resource Base (Australia) Probability of Future Stock Price Finishing Under 0.055
| RBX Stock | 0.04 0 9.09% |
Resource |
Resource Base Target Price Odds to finish below 0.055
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 Price | Horizon | Target Price | Odds to stay under 0.06 after 90 days |
| 0.04 | 90 days | 0.06 | close to 99 |
Based on a normal probability distribution, the odds of Resource Base to stay under 0.06 after 90 days from now is close to 99 (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 its current price of 0.04 and 0.06 at the end of the 90-day period is about 45.81 .
Assuming the 90 days trading horizon Resource Base has a beta of -0.38 indicating as returns on the benchmark increase, returns on holding Resource Base are expected to decrease at a much lower rate. During a bear market, however, Resource Base is likely to outperform the market. Additionally Resource Base has an alpha of 0.1917, implying that it can generate a 0.19 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.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 | 0.19 | |
β | Beta against Dow Jones | -0.38 | |
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 Outstanding | 82.7 M | |
| Cash And Short Term Investments | 585.1 K | |
| Shares Float | 57.3 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.