Vendetta Mining Corp Stock Probability of Future Stock Price Finishing Under 0.01
| VTT Stock | CAD 0.01 0.01 33.33% |
Vendetta |
Vendetta Mining Target Price Odds to finish below 0.01
The tendency of Vendetta 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 below current price in 90 days |
| 0.01 | 90 days | 0.01 | about 14.1 |
Based on a normal probability distribution, the odds of Vendetta Mining to move below current price in 90 days from now is about 14.1 (This Vendetta Mining Corp probability density function shows the probability of Vendetta Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 4.13 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Vendetta Mining will likely underperform. Additionally Vendetta Mining Corp has an alpha of 0.528, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Vendetta Mining Price Density |
| Price |
Predictive Modules for Vendetta 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 Vendetta 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.Vendetta Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vendetta Mining is not an exception. The market had few large corrections towards the Vendetta 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 Vendetta Mining Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vendetta Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | 4.13 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.05 |
Vendetta 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 Vendetta Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vendetta 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.| Vendetta Mining Corp is way too risky over 90 days horizon | |
| Vendetta Mining Corp has some characteristics of a very speculative penny stock | |
| Vendetta Mining Corp appears to be risky and price may revert if volatility continues | |
| Vendetta Mining Corp has high likelihood to experience some financial distress in the next 2 years | |
| Vendetta Mining Corp has accumulated 882.05 K in total debt. Vendetta Mining Corp has a current ratio of 0.25, 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 Vendetta Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Vendetta 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 Vendetta Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vendetta to invest in growth at high rates of return. When we think about Vendetta Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (666.19 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Vendetta Mining Corp has accumulated about 19.95 K in cash with (247.41 K) of positive cash flow from operations. | |
| Roughly 21.0% of the company outstanding shares are owned by insiders |
Vendetta 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 Vendetta Stock often depends not only on the future outlook of the current and potential Vendetta 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. Vendetta Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 323.2 M |
Vendetta Mining Technical Analysis
Vendetta Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Vendetta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vendetta Mining Corp. In general, you should focus on analyzing Vendetta Stock price patterns and their correlations with different microeconomic environments and drivers.
Vendetta Mining Predictive Forecast Models
Vendetta Mining's time-series forecasting models is one of many Vendetta 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 Vendetta 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 Vendetta Mining Corp
Checking the ongoing alerts about Vendetta Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vendetta Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vendetta Mining Corp is way too risky over 90 days horizon | |
| Vendetta Mining Corp has some characteristics of a very speculative penny stock | |
| Vendetta Mining Corp appears to be risky and price may revert if volatility continues | |
| Vendetta Mining Corp has high likelihood to experience some financial distress in the next 2 years | |
| Vendetta Mining Corp has accumulated 882.05 K in total debt. Vendetta Mining Corp has a current ratio of 0.25, 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 Vendetta Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Vendetta 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 Vendetta Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vendetta to invest in growth at high rates of return. When we think about Vendetta Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (666.19 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Vendetta Mining Corp has accumulated about 19.95 K in cash with (247.41 K) of positive cash flow from operations. | |
| Roughly 21.0% of the company outstanding shares are owned by insiders |
Additional Tools for Vendetta Stock Analysis
When running Vendetta Mining's price analysis, check to measure Vendetta 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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta 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 Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.