Rocky Mountain High Stock Probability of Future Pink Sheet Price Finishing Over 78.12
| RMHB Stock | USD 0.01 0.0009 21.95% |
Rocky |
Rocky Mountain Target Price Odds to finish over 78.12
The tendency of Rocky 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 $ 78.12 or more in 90 days |
| 0.01 | 90 days | 78.12 | close to zero percent |
Based on a normal probability distribution, the odds of Rocky Mountain to move over $ 78.12 or more in 90 days from now is close to zero percent (This Rocky Mountain High probability density function shows the probability of Rocky Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Rocky Mountain High price to stay between its current price of $ 0.01 and $ 78.12 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.8 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rocky Mountain will likely underperform. Moreover Rocky Mountain High has an alpha of 1.5107, implying that it can generate a 1.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rocky Mountain Price Density |
| Price |
Predictive Modules for Rocky Mountain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rocky Mountain High. 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.Rocky Mountain Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rocky Mountain is not an exception. The market had few large corrections towards the Rocky Mountain'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 Rocky Mountain High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rocky Mountain within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.51 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Rocky Mountain 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 Rocky Mountain for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rocky Mountain High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rocky Mountain High is way too risky over 90 days horizon | |
| Rocky Mountain High has some characteristics of a very speculative penny stock | |
| Rocky Mountain High appears to be risky and price may revert if volatility continues | |
| Rocky Mountain High has high likelihood to experience some financial distress in the next 2 years | |
| Rocky Mountain High currently holds 1.15 M in liabilities. Rocky Mountain High has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Rocky Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Rocky Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rocky Mountain High sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rocky to invest in growth at high rates of return. When we think about Rocky Mountain's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 205.25 K. Net Loss for the year was (5.27 M) with loss before overhead, payroll, taxes, and interest of (535.89 K). | |
| Rocky Mountain High currently holds about 32.24 K in cash with (3.27 M) of positive cash flow from operations. |
Rocky Mountain 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 Rocky Pink Sheet often depends not only on the future outlook of the current and potential Rocky Mountain'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. Rocky Mountain's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 115.1 M | |
| Cash And Short Term Investments | 68.1 K |
Rocky Mountain Technical Analysis
Rocky Mountain's future price can be derived by breaking down and analyzing its technical indicators over time. Rocky Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rocky Mountain High. In general, you should focus on analyzing Rocky Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Rocky Mountain Predictive Forecast Models
Rocky Mountain's time-series forecasting models is one of many Rocky Mountain'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 Rocky Mountain'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 Rocky Mountain High
Checking the ongoing alerts about Rocky Mountain for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rocky Mountain High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rocky Mountain High is way too risky over 90 days horizon | |
| Rocky Mountain High has some characteristics of a very speculative penny stock | |
| Rocky Mountain High appears to be risky and price may revert if volatility continues | |
| Rocky Mountain High has high likelihood to experience some financial distress in the next 2 years | |
| Rocky Mountain High currently holds 1.15 M in liabilities. Rocky Mountain High has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Rocky Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Rocky Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rocky Mountain High sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rocky to invest in growth at high rates of return. When we think about Rocky Mountain's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 205.25 K. Net Loss for the year was (5.27 M) with loss before overhead, payroll, taxes, and interest of (535.89 K). | |
| Rocky Mountain High currently holds about 32.24 K in cash with (3.27 M) of positive cash flow from operations. |
Other Information on Investing in Rocky Pink Sheet
Rocky Mountain financial ratios help investors to determine whether Rocky 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 Rocky with respect to the benefits of owning Rocky Mountain security.