79North Odds of Future Pink Sheet Price Finishing Under 0.00
| SVNTFDelisted Stock | USD 0.03 0.00 0.00% |
79North |
79North Target Price Odds to finish below 0.00
The tendency of 79North 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 drop to $ 0.00 or more in 90 days |
| 0.03 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of 79North to drop to $ 0.00 or more in 90 days from now is near 1 (This 79North probability density function shows the probability of 79North Pink Sheet to fall within a particular range of prices over 90 days) . Probability of 79North price to stay between $ 0.00 and its current price of $0.0286 at the end of the 90-day period is about 68.21 .
Assuming the 90 days horizon 79North has a beta of -1.66. This usually implies as returns on its benchmark rise, returns on holding 79North are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 79North is expected to outperform its benchmark. Additionally 79North has an alpha of 0.7542, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 79North Price Density |
| Price |
Predictive Modules for 79North
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 79North. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 79North's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
79North Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 79North is not an exception. The market had few large corrections towards the 79North'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 79North, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 79North within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | -1.66 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.07 |
79North 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 79North for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 79North can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 79North is not yet fully synchronised with the market data | |
| 79North generated a negative expected return over the last 90 days | |
| 79North has some characteristics of a very speculative penny stock | |
| 79North has high historical volatility and very poor performance | |
| 79North has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 79North has accumulated about 196.43 K in cash with (2.33 M) of positive cash flow from operations. |
79North 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 79North Pink Sheet often depends not only on the future outlook of the current and potential 79North'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. 79North's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.2 M |
79North Technical Analysis
79North's future price can be derived by breaking down and analyzing its technical indicators over time. 79North Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 79North. In general, you should focus on analyzing 79North Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
79North Predictive Forecast Models
79North's time-series forecasting models is one of many 79North'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 79North'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 79North
Checking the ongoing alerts about 79North for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 79North help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 79North is not yet fully synchronised with the market data | |
| 79North generated a negative expected return over the last 90 days | |
| 79North has some characteristics of a very speculative penny stock | |
| 79North has high historical volatility and very poor performance | |
| 79North has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 79North has accumulated about 196.43 K in cash with (2.33 M) of positive cash flow from operations. |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in 79North Pink Sheet
If you are still planning to invest in 79North check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the 79North's history and understand the potential risks before investing.
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