Surge Copper Corp Stock Probability of Future Stock Price Finishing Under 0
| SURG Stock | CAD 0.11 0.01 10.00% |
Surge |
Surge Copper Target Price Odds to finish below 0
The tendency of Surge 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 |
| 0.11 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Surge Copper to drop to C$ 0.00 or more in 90 days from now is near 1 (This Surge Copper Corp probability density function shows the probability of Surge Stock to fall within a particular range of prices over 90 days) . Probability of Surge Copper Corp price to stay between C$ 0.00 and its current price of C$0.11 at the end of the 90-day period is about 49.97 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.56 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Surge Copper will likely underperform. Additionally Surge Copper Corp 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. Surge Copper Price Density |
| Price |
Predictive Modules for Surge Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surge Copper Corp. 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.Surge Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Surge Copper is not an exception. The market had few large corrections towards the Surge Copper'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 Surge Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Surge Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 1.56 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.02 |
Surge Copper 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 Surge Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Surge Copper Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Surge Copper Corp generated a negative expected return over the last 90 days | |
| Surge Copper Corp has high historical volatility and very poor performance | |
| Surge Copper Corp has some characteristics of a very speculative penny stock | |
| Surge Copper Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Copper Corp has accumulated about 7.22 M in cash with (849.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders |
Surge Copper 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 Surge Stock often depends not only on the future outlook of the current and potential Surge Copper'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. Surge Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 224.4 M |
Surge Copper Technical Analysis
Surge Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Surge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Surge Copper Corp. In general, you should focus on analyzing Surge Stock price patterns and their correlations with different microeconomic environments and drivers.
Surge Copper Predictive Forecast Models
Surge Copper's time-series forecasting models is one of many Surge Copper'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 Surge Copper'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 Surge Copper Corp
Checking the ongoing alerts about Surge Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Surge Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Surge Copper Corp generated a negative expected return over the last 90 days | |
| Surge Copper Corp has high historical volatility and very poor performance | |
| Surge Copper Corp has some characteristics of a very speculative penny stock | |
| Surge Copper Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Copper Corp has accumulated about 7.22 M in cash with (849.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Surge Stock Analysis
When running Surge Copper's price analysis, check to measure Surge Copper'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 Surge Copper is operating at the current time. Most of Surge Copper's value examination focuses on studying past and present price action to predict the probability of Surge Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Copper's price. Additionally, you may evaluate how the addition of Surge Copper to your portfolios can decrease your overall portfolio volatility.