World Copper Stock Probability of Future Stock Price Finishing Under 0.0945
| WCU Stock | 0.13 0.01 8.33% |
World |
World Copper Target Price Odds to finish below 0.0945
The tendency of World 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 0.09 or more in 90 days |
| 0.13 | 90 days | 0.09 | about 68.57 |
Based on a normal probability distribution, the odds of World Copper to drop to 0.09 or more in 90 days from now is about 68.57 (This World Copper probability density function shows the probability of World Stock to fall within a particular range of prices over 90 days) . Probability of World Copper price to stay between 0.09 and its current price of 0.13 at the end of the 90-day period is about 29.75 .
Assuming the 90 days horizon World Copper has a beta of -0.95. This entails Moreover World Copper has an alpha of 1.1, implying that it can generate a 1.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). World Copper Price Density |
| Price |
Predictive Modules for World Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as World Copper. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of World Copper'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.
World Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. World Copper is not an exception. The market had few large corrections towards the World Copper'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 World Copper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of World Copper within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.10 | |
β | Beta against NYSE Composite | -0.95 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.14 |
World Copper 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 World Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for World Copper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| World Copper is way too risky over 90 days horizon | |
| World Copper has some characteristics of a very speculative penny stock | |
| World Copper appears to be risky and price may revert if volatility continues | |
| The company has accumulated 4.5 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. World Copper has a current ratio of 0.02, 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 World Copper until it has trouble settling it off, either with new capital or with free cash flow. So, World Copper'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 World Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for World to invest in growth at high rates of return. When we think about World Copper's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| World Copper has accumulated about 5.37 K in cash with (1.93 M) of positive cash flow from operations. | |
| Roughly 38.0% of World Copper outstanding shares are owned by insiders | |
| Latest headline from news.google.com: World Copper Ltd. Finalizes Successful Private Placement - TipRanks.com - TipRanks |
World Copper 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 World Stock often depends not only on the future outlook of the current and potential World Copper'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. World Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 125 M |
World Copper Technical Analysis
World Copper's future price can be derived by breaking down and analyzing its technical indicators over time. World Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of World Copper. In general, you should focus on analyzing World Stock price patterns and their correlations with different microeconomic environments and drivers.
World Copper Predictive Forecast Models
World Copper's time-series forecasting models is one of many World Copper'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 World Copper'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 World Copper
Checking the ongoing alerts about World Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for World Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| World Copper is way too risky over 90 days horizon | |
| World Copper has some characteristics of a very speculative penny stock | |
| World Copper appears to be risky and price may revert if volatility continues | |
| The company has accumulated 4.5 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. World Copper has a current ratio of 0.02, 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 World Copper until it has trouble settling it off, either with new capital or with free cash flow. So, World Copper'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 World Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for World to invest in growth at high rates of return. When we think about World Copper's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| World Copper has accumulated about 5.37 K in cash with (1.93 M) of positive cash flow from operations. | |
| Roughly 38.0% of World Copper outstanding shares are owned by insiders | |
| Latest headline from news.google.com: World Copper Ltd. Finalizes Successful Private Placement - TipRanks.com - TipRanks |
Check out World Copper Backtesting, World Copper Valuation, World Copper Correlation, World Copper Hype Analysis, World Copper Volatility, World Copper History as well as World Copper Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for World Stock analysis
When running World Copper's price analysis, check to measure World Copper'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 World Copper is operating at the current time. Most of World Copper's value examination focuses on studying past and present price action to predict the probability of World Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Copper's price. Additionally, you may evaluate how the addition of World Copper to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |