First Quantum Minerals Stock Probability of Future Pink Sheet Price Finishing Over 13.32
| FQVLF Stock | USD 11.71 0.97 9.03% |
First |
First Quantum Target Price Odds to finish over 13.32
The tendency of First Pink Sheet 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 over $ 13.32 or more in 90 days |
| 11.71 | 90 days | 13.32 | near 1 |
Based on a normal probability distribution, the odds of First Quantum to move over $ 13.32 or more in 90 days from now is near 1 (This First Quantum Minerals probability density function shows the probability of First Pink Sheet to fall within a particular range of prices over 90 days) . Probability of First Quantum Minerals price to stay between its current price of $ 11.71 and $ 13.32 at the end of the 90-day period is roughly 2.51 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 2.05 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Quantum will likely underperform. Additionally First Quantum Minerals has an alpha of 0.1622, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). First Quantum Price Density |
| Price |
Predictive Modules for First Quantum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Quantum Minerals. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 First Quantum'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.
First Quantum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Quantum is not an exception. The market had few large corrections towards the First Quantum'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 First Quantum Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Quantum within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | 2.05 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | 0.06 |
First Quantum 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 First Quantum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Quantum Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First Quantum had very high historical volatility over the last 90 days | |
| About 20.0% of the company shares are held by company insiders |
First Quantum 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 First Pink Sheet often depends not only on the future outlook of the current and potential First Quantum'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. First Quantum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 691.7 M | |
| Cash And Short Term Investments | 1.9 B |
First Quantum Technical Analysis
First Quantum's future price can be derived by breaking down and analyzing its technical indicators over time. First Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Quantum Minerals. In general, you should focus on analyzing First Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
First Quantum Predictive Forecast Models
First Quantum's time-series forecasting models is one of many First Quantum's pink sheet 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 First Quantum'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 pink sheet market movement and maximize returns from investment trading.
Things to note about First Quantum Minerals
Checking the ongoing alerts about First Quantum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Quantum Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| First Quantum had very high historical volatility over the last 90 days | |
| About 20.0% of the company shares are held by company insiders |
Check out First Quantum Backtesting, First Quantum Valuation, First Quantum Correlation, First Quantum Hype Analysis, First Quantum Volatility, First Quantum History as well as First Quantum Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for First Pink Sheet analysis
When running First Quantum's price analysis, check to measure First Quantum'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 First Quantum is operating at the current time. Most of First Quantum's value examination focuses on studying past and present price action to predict the probability of First Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Quantum's price. Additionally, you may evaluate how the addition of First Quantum to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |