Honey Badger Silver Stock Probability of Future Stock Price Finishing Under 0.06
| TUF Stock | CAD 0.11 0.01 8.33% |
Honey |
Honey Badger Target Price Odds to finish below 0.06
The tendency of Honey 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$ 0.06 or more in 90 days |
| 0.11 | 90 days | 0.06 | about 1.51 |
Based on a normal probability distribution, the odds of Honey Badger to drop to C$ 0.06 or more in 90 days from now is about 1.51 (This Honey Badger Silver probability density function shows the probability of Honey Stock to fall within a particular range of prices over 90 days) . Probability of Honey Badger Silver price to stay between C$ 0.06 and its current price of C$0.11 at the end of the 90-day period is about 34.38 .
Assuming the 90 days horizon Honey Badger has a beta of 0.029. This usually implies as returns on the market go up, Honey Badger average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Honey Badger Silver will be expected to be much smaller as well. Additionally Honey Badger Silver has an alpha of 0.6185, implying that it can generate a 0.62 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Honey Badger Price Density |
| Price |
Predictive Modules for Honey Badger
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Honey Badger Silver. 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.Honey Badger Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Honey Badger is not an exception. The market had few large corrections towards the Honey Badger'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 Honey Badger Silver, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Honey Badger within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.62 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.07 |
Honey Badger 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 Honey Badger for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Honey Badger Silver can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Honey Badger Silver is way too risky over 90 days horizon | |
| Honey Badger Silver has some characteristics of a very speculative penny stock | |
| Honey Badger Silver appears to be risky and price may revert if volatility continues | |
| Honey Badger Silver has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Honey Badger Silver has accumulated about 1.08 M in cash with (1.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Honey Badger Silver Raises 715,500 in Private Placement - TipRanks |
Honey Badger 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 Honey Stock often depends not only on the future outlook of the current and potential Honey Badger'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. Honey Badger's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37 M | |
| Cash And Short Term Investments | 304.3 K |
Honey Badger Technical Analysis
Honey Badger's future price can be derived by breaking down and analyzing its technical indicators over time. Honey Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Honey Badger Silver. In general, you should focus on analyzing Honey Stock price patterns and their correlations with different microeconomic environments and drivers.
Honey Badger Predictive Forecast Models
Honey Badger's time-series forecasting models is one of many Honey Badger'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 Honey Badger'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 Honey Badger Silver
Checking the ongoing alerts about Honey Badger for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Honey Badger Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Honey Badger Silver is way too risky over 90 days horizon | |
| Honey Badger Silver has some characteristics of a very speculative penny stock | |
| Honey Badger Silver appears to be risky and price may revert if volatility continues | |
| Honey Badger Silver has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Honey Badger Silver has accumulated about 1.08 M in cash with (1.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Honey Badger Silver Raises 715,500 in Private Placement - TipRanks |
Additional Tools for Honey Stock Analysis
When running Honey Badger's price analysis, check to measure Honey Badger'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 Honey Badger is operating at the current time. Most of Honey Badger's value examination focuses on studying past and present price action to predict the probability of Honey Badger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honey Badger's price. Additionally, you may evaluate how the addition of Honey Badger to your portfolios can decrease your overall portfolio volatility.