Yangaroo Stock Odds of Future Stock Price Finishing Over 0.27
| YOO Stock | CAD 0.04 0.01 20.00% |
Yangaroo |
Yangaroo Target Price Odds to finish over 0.27
The tendency of Yangaroo 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 over C$ 0.27 or more in 90 days |
| 0.04 | 90 days | 0.27 | close to zero percent |
Based on a normal probability distribution, the odds of Yangaroo to move over C$ 0.27 or more in 90 days from now is close to zero percent (This Yangaroo probability density function shows the probability of Yangaroo Stock to fall within a particular range of prices over 90 days) . Probability of Yangaroo price to stay between its current price of C$ 0.04 and C$ 0.27 at the end of the 90-day period is about 98.0 .
Assuming the 90 days horizon Yangaroo has a beta of -0.9. This entails Additionally Yangaroo has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Yangaroo Price Density |
| Price |
Predictive Modules for Yangaroo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yangaroo. 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 Yangaroo'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.
Yangaroo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yangaroo is not an exception. The market had few large corrections towards the Yangaroo'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 Yangaroo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yangaroo within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.18 | |
β | Beta against NYSE Composite | -0.9 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.06 |
Yangaroo 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 Yangaroo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yangaroo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yangaroo generated a negative expected return over the last 90 days | |
| Yangaroo has some characteristics of a very speculative penny stock | |
| Yangaroo has high historical volatility and very poor performance | |
| Yangaroo has accumulated C$3.54 Million in debt which can lead to volatile earnings | |
| About 23.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Yangaroo Announces Anticipated Delay of Annual Filing Requirements and Application for Voluntary Management ... - Yahoo Finance |
Yangaroo 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 Yangaroo Stock often depends not only on the future outlook of the current and potential Yangaroo'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. Yangaroo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62.2 M | |
| Cash And Short Term Investments | 296.7 K |
Yangaroo Technical Analysis
Yangaroo's future price can be derived by breaking down and analyzing its technical indicators over time. Yangaroo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yangaroo. In general, you should focus on analyzing Yangaroo Stock price patterns and their correlations with different microeconomic environments and drivers.
Yangaroo Predictive Forecast Models
Yangaroo's time-series forecasting models is one of many Yangaroo'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 Yangaroo'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 Yangaroo
Checking the ongoing alerts about Yangaroo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yangaroo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yangaroo generated a negative expected return over the last 90 days | |
| Yangaroo has some characteristics of a very speculative penny stock | |
| Yangaroo has high historical volatility and very poor performance | |
| Yangaroo has accumulated C$3.54 Million in debt which can lead to volatile earnings | |
| About 23.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Yangaroo Announces Anticipated Delay of Annual Filing Requirements and Application for Voluntary Management ... - Yahoo Finance |
Check out Yangaroo Backtesting, Yangaroo Valuation, Yangaroo Correlation, Yangaroo Hype Analysis, Yangaroo Volatility, Yangaroo History as well as Yangaroo Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Yangaroo Stock analysis
When running Yangaroo's price analysis, check to measure Yangaroo'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 Yangaroo is operating at the current time. Most of Yangaroo's value examination focuses on studying past and present price action to predict the probability of Yangaroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yangaroo's price. Additionally, you may evaluate how the addition of Yangaroo to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| 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 | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |