Sanatana Resources Stock Probability of Future Stock Price Finishing Under 0.00
| STA Stock | CAD 0.02 0.01 33.33% |
Sanatana |
Sanatana Resources Target Price Odds to finish below 0.00
The tendency of Sanatana 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 drop to C$ 0.00 or more in 90 days |
| 0.02 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Sanatana Resources to drop to C$ 0.00 or more in 90 days from now is near 1 (This Sanatana Resources probability density function shows the probability of Sanatana Stock to fall within a particular range of prices over 90 days) . Probability of Sanatana Resources price to stay between C$ 0.00 and its current price of C$0.02 at the end of the 90-day period is about 7.75 .
Assuming the 90 days horizon Sanatana Resources has a beta of -0.75. This usually implies as returns on the benchmark increase, returns on holding Sanatana Resources are expected to decrease at a much lower rate. During a bear market, however, Sanatana Resources is likely to outperform the market. Additionally Sanatana Resources 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. Sanatana Resources Price Density |
| Price |
Predictive Modules for Sanatana Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sanatana Resources. 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.Sanatana Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sanatana Resources is not an exception. The market had few large corrections towards the Sanatana Resources' 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 Sanatana Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sanatana Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.08 |
Sanatana Resources 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 Sanatana Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sanatana Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sanatana Resources generated a negative expected return over the last 90 days | |
| Sanatana Resources has high historical volatility and very poor performance | |
| Sanatana Resources has some characteristics of a very speculative penny stock | |
| Sanatana Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (528.42 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sanatana Resources has accumulated about 1.1 M in cash with (574.56 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Sanatana Resources 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 Sanatana Stock often depends not only on the future outlook of the current and potential Sanatana Resources' 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. Sanatana Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 76.2 M | |
| Cash And Short Term Investments | 55.5 K |
Sanatana Resources Technical Analysis
Sanatana Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Sanatana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sanatana Resources. In general, you should focus on analyzing Sanatana Stock price patterns and their correlations with different microeconomic environments and drivers.
Sanatana Resources Predictive Forecast Models
Sanatana Resources' time-series forecasting models is one of many Sanatana Resources' 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 Sanatana Resources' 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 Sanatana Resources
Checking the ongoing alerts about Sanatana Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sanatana Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sanatana Resources generated a negative expected return over the last 90 days | |
| Sanatana Resources has high historical volatility and very poor performance | |
| Sanatana Resources has some characteristics of a very speculative penny stock | |
| Sanatana Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (528.42 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sanatana Resources has accumulated about 1.1 M in cash with (574.56 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Additional Tools for Sanatana Stock Analysis
When running Sanatana Resources' price analysis, check to measure Sanatana Resources' 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 Sanatana Resources is operating at the current time. Most of Sanatana Resources' value examination focuses on studying past and present price action to predict the probability of Sanatana Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanatana Resources' price. Additionally, you may evaluate how the addition of Sanatana Resources to your portfolios can decrease your overall portfolio volatility.