Transatlantic Mining Corp Stock Probability of Future Stock Price Finishing Under 0.0465
| TCO Stock | CAD 0.07 0.01 7.14% |
Transatlantic |
Transatlantic Mining Target Price Odds to finish below 0.0465
The tendency of Transatlantic 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$ 0.05 or more in 90 days |
| 0.07 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Transatlantic Mining to drop to C$ 0.05 or more in 90 days from now is near 1 (This Transatlantic Mining Corp probability density function shows the probability of Transatlantic Stock to fall within a particular range of prices over 90 days) . Probability of Transatlantic Mining Corp price to stay between C$ 0.05 and its current price of C$0.065 at the end of the 90-day period is about 8.38 .
Assuming the 90 days horizon Transatlantic Mining has a beta of 0.89. This usually implies Transatlantic Mining Corp market returns are correlated to returns on the market. As the market goes up or down, Transatlantic Mining is expected to follow. Additionally Transatlantic Mining Corp has an alpha of 0.5576, implying that it can generate a 0.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Transatlantic Mining Price Density |
| Price |
Predictive Modules for Transatlantic Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Transatlantic Mining 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.Transatlantic Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Transatlantic Mining is not an exception. The market had few large corrections towards the Transatlantic Mining'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 Transatlantic Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Transatlantic Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.56 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
Transatlantic Mining 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 Transatlantic Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Transatlantic Mining 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.| Transatlantic Mining generated a negative expected return over the last 90 days | |
| Transatlantic Mining has high historical volatility and very poor performance | |
| Transatlantic Mining has some characteristics of a very speculative penny stock | |
| Transatlantic Mining has a very high chance of going through financial distress in the upcoming years | |
| Transatlantic Mining Corp has accumulated 5.44 M in total debt with debt to equity ratio (D/E) of 5.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Transatlantic Mining Corp has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Transatlantic Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Transatlantic Mining'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 Transatlantic Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transatlantic to invest in growth at high rates of return. When we think about Transatlantic Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (803.75 K) with loss before overhead, payroll, taxes, and interest of (20.87 K). | |
| Transatlantic Mining Corp has accumulated about 63.46 K in cash with (1.38 M) of positive cash flow from operations. | |
| Roughly 18.0% of Transatlantic Mining outstanding shares are owned by corporate insiders |
Transatlantic Mining 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 Transatlantic Stock often depends not only on the future outlook of the current and potential Transatlantic Mining'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. Transatlantic Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.6 M |
Transatlantic Mining Technical Analysis
Transatlantic Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Transatlantic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Transatlantic Mining Corp. In general, you should focus on analyzing Transatlantic Stock price patterns and their correlations with different microeconomic environments and drivers.
Transatlantic Mining Predictive Forecast Models
Transatlantic Mining's time-series forecasting models is one of many Transatlantic Mining'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 Transatlantic Mining'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 Transatlantic Mining Corp
Checking the ongoing alerts about Transatlantic Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transatlantic Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Transatlantic Mining generated a negative expected return over the last 90 days | |
| Transatlantic Mining has high historical volatility and very poor performance | |
| Transatlantic Mining has some characteristics of a very speculative penny stock | |
| Transatlantic Mining has a very high chance of going through financial distress in the upcoming years | |
| Transatlantic Mining Corp has accumulated 5.44 M in total debt with debt to equity ratio (D/E) of 5.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Transatlantic Mining Corp has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Transatlantic Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Transatlantic Mining'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 Transatlantic Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transatlantic to invest in growth at high rates of return. When we think about Transatlantic Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (803.75 K) with loss before overhead, payroll, taxes, and interest of (20.87 K). | |
| Transatlantic Mining Corp has accumulated about 63.46 K in cash with (1.38 M) of positive cash flow from operations. | |
| Roughly 18.0% of Transatlantic Mining outstanding shares are owned by corporate insiders |
Additional Tools for Transatlantic Stock Analysis
When running Transatlantic Mining's price analysis, check to measure Transatlantic Mining'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 Transatlantic Mining is operating at the current time. Most of Transatlantic Mining's value examination focuses on studying past and present price action to predict the probability of Transatlantic Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transatlantic Mining's price. Additionally, you may evaluate how the addition of Transatlantic Mining to your portfolios can decrease your overall portfolio volatility.