Rocky Mountain Liquor Stock Probability of Future Stock Price Finishing Over 11.70
| RUM Stock | CAD 0.09 0.01 10.00% |
Rocky |
Rocky Mountain Target Price Odds to finish over 11.70
The tendency of Rocky 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 move over C$ 11.70 or more in 90 days |
| 0.09 | 90 days | 11.70 | close to zero percent |
Based on a normal probability distribution, the odds of Rocky Mountain to move over C$ 11.70 or more in 90 days from now is close to zero percent (This Rocky Mountain Liquor probability density function shows the probability of Rocky Stock to fall within a particular range of prices over 90 days) . Probability of Rocky Mountain Liquor price to stay between its current price of C$ 0.09 and C$ 11.70 at the end of the 90-day period is about 99.0 .
Assuming the 90 days horizon Rocky Mountain Liquor has a beta of -0.36 indicating as returns on the benchmark increase, returns on holding Rocky Mountain are expected to decrease at a much lower rate. During a bear market, however, Rocky Mountain Liquor is likely to outperform the market. Additionally Rocky Mountain Liquor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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 Liquor. 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.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 Liquor, 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 | -0.59 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.16 |
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 Liquor 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 generated a negative expected return over the last 90 days | |
| Rocky Mountain has some characteristics of a very speculative penny stock | |
| Rocky Mountain has high historical volatility and very poor performance | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rocky Mountain Liquor Third Quarter 2024 Earnings EPS CA0.004 - Yahoo Finance |
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 Stock 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 | 47.8 M |
Rocky Mountain Technical Analysis
Rocky Mountain's future price can be derived by breaking down and analyzing its technical indicators over time. Rocky Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rocky Mountain Liquor. In general, you should focus on analyzing Rocky Stock 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 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 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 stock market movement and maximize returns from investment trading.
Things to note about Rocky Mountain Liquor
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 Liquor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rocky Mountain generated a negative expected return over the last 90 days | |
| Rocky Mountain has some characteristics of a very speculative penny stock | |
| Rocky Mountain has high historical volatility and very poor performance | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rocky Mountain Liquor Third Quarter 2024 Earnings EPS CA0.004 - Yahoo Finance |
Additional Tools for Rocky Stock Analysis
When running Rocky Mountain's price analysis, check to measure Rocky Mountain'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 Rocky Mountain is operating at the current time. Most of Rocky Mountain's value examination focuses on studying past and present price action to predict the probability of Rocky Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Mountain's price. Additionally, you may evaluate how the addition of Rocky Mountain to your portfolios can decrease your overall portfolio volatility.