Teras Resources Stock Probability of Future Stock Price Finishing Over 0.005
| TRA Stock | CAD 0.01 0.00 0.00% |
Teras |
Teras Resources Target Price Odds to finish over 0.005
The tendency of Teras 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 above the current price in 90 days |
| 0.01 | 90 days | 0.01 | about 99.0 |
Based on a normal probability distribution, the odds of Teras Resources to move above the current price in 90 days from now is about 99.0 (This Teras Resources probability density function shows the probability of Teras Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Teras Resources has a beta of -0.93. This usually implies Additionally Teras 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. Teras Resources Price Density |
| Price |
Predictive Modules for Teras 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 Teras 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.Teras Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Teras Resources is not an exception. The market had few large corrections towards the Teras 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 Teras Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Teras Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.84 | |
β | Beta against Dow Jones | -0.93 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.12 |
Teras 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 Teras Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Teras 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.| Teras Resources generated a negative expected return over the last 90 days | |
| Teras Resources has high historical volatility and very poor performance | |
| Teras Resources has some characteristics of a very speculative penny stock | |
| Teras Resources has high likelihood to experience some financial distress in the next 2 years | |
| Teras Resources has accumulated 798.12 K in total debt. Teras Resources has a current ratio of 0.49, 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 Teras Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Teras Resources' 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 Teras Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Teras to invest in growth at high rates of return. When we think about Teras Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (27.02 M) with profit before overhead, payroll, taxes, and interest of 101. | |
| Teras Resources has accumulated about 101.1 K in cash with (366.46 K) of positive cash flow from operations. |
Teras 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 Teras Stock often depends not only on the future outlook of the current and potential Teras 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. Teras Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 251.1 M |
Teras Resources Technical Analysis
Teras Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Teras Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Teras Resources. In general, you should focus on analyzing Teras Stock price patterns and their correlations with different microeconomic environments and drivers.
Teras Resources Predictive Forecast Models
Teras Resources' time-series forecasting models is one of many Teras 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 Teras 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 Teras Resources
Checking the ongoing alerts about Teras Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Teras Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Teras Resources generated a negative expected return over the last 90 days | |
| Teras Resources has high historical volatility and very poor performance | |
| Teras Resources has some characteristics of a very speculative penny stock | |
| Teras Resources has high likelihood to experience some financial distress in the next 2 years | |
| Teras Resources has accumulated 798.12 K in total debt. Teras Resources has a current ratio of 0.49, 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 Teras Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Teras Resources' 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 Teras Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Teras to invest in growth at high rates of return. When we think about Teras Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (27.02 M) with profit before overhead, payroll, taxes, and interest of 101. | |
| Teras Resources has accumulated about 101.1 K in cash with (366.46 K) of positive cash flow from operations. |
Additional Tools for Teras Stock Analysis
When running Teras Resources' price analysis, check to measure Teras 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 Teras Resources is operating at the current time. Most of Teras Resources' value examination focuses on studying past and present price action to predict the probability of Teras Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teras Resources' price. Additionally, you may evaluate how the addition of Teras Resources to your portfolios can decrease your overall portfolio volatility.