Aztec Minerals Corp Stock Probability of Future Stock Price Finishing Over 0.28

AZT Stock  CAD 0.18  0.01  5.88%   
Aztec Minerals' future price is the expected price of Aztec Minerals instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Aztec Minerals Corp performance during a given time horizon utilizing its historical volatility. Check out Aztec Minerals Backtesting, Aztec Minerals Valuation, Aztec Minerals Correlation, Aztec Minerals Hype Analysis, Aztec Minerals Volatility, Aztec Minerals History as well as Aztec Minerals Performance.
  
Please specify Aztec Minerals' target price for which you would like Aztec Minerals odds to be computed.

Aztec Minerals Target Price Odds to finish over 0.28

The tendency of Aztec 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 PriceHorizonTarget PriceOdds to move over C$ 0.28  or more in 90 days
 0.18 90 days 0.28 
near 1
Based on a normal probability distribution, the odds of Aztec Minerals to move over C$ 0.28  or more in 90 days from now is near 1 (This Aztec Minerals Corp probability density function shows the probability of Aztec Stock to fall within a particular range of prices over 90 days) . Probability of Aztec Minerals Corp price to stay between its current price of C$ 0.18  and C$ 0.28  at the end of the 90-day period is about 24.22 .
Assuming the 90 days horizon Aztec Minerals Corp has a beta of -0.0704. This suggests as returns on benchmark increase, returns on holding Aztec Minerals are expected to decrease at a much lower rate. During the bear market, however, Aztec Minerals Corp is likely to outperform the market. Additionally Aztec Minerals Corp has an alpha of 0.2025, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Aztec Minerals Price Density   
       Price  

Predictive Modules for Aztec Minerals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aztec Minerals 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aztec Minerals' 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.
Hype
Prediction
LowEstimatedHigh
0.010.186.75
Details
Intrinsic
Valuation
LowRealHigh
0.010.156.72
Details
Naive
Forecast
LowNextHigh
00.176.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.170.180.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aztec Minerals. Your research has to be compared to or analyzed against Aztec Minerals' peers to derive any actionable benefits. When done correctly, Aztec Minerals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aztec Minerals Corp.

Aztec Minerals Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Aztec Minerals is not an exception. The market had few large corrections towards the Aztec Minerals' 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 Aztec Minerals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aztec Minerals within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.20
β
Beta against NYSE Composite-0.07
σ
Overall volatility
0.01
Ir
Information ratio 0.01

Aztec Minerals 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 Aztec Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aztec Minerals 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.
Aztec Minerals Corp had very high historical volatility over the last 90 days
Aztec Minerals Corp has some characteristics of a very speculative penny stock
Aztec Minerals Corp has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (1.74 M) with loss before overhead, payroll, taxes, and interest of (28.09 K).
Aztec Minerals Corp has accumulated about 346.81 K in cash with (872.83 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 26.0% of the company shares are held by company insiders
Latest headline from news.google.com: Aztec Reports Final Gold and Multi-Element Results From 2023 RC Drilling from the Cervantes Project, Sonora, Mexico ... - Yahoo Finance

Aztec Minerals 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 Aztec Stock often depends not only on the future outlook of the current and potential Aztec Minerals' 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. Aztec Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding90.1 M

Aztec Minerals Technical Analysis

Aztec Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Aztec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aztec Minerals Corp. In general, you should focus on analyzing Aztec Stock price patterns and their correlations with different microeconomic environments and drivers.

Aztec Minerals Predictive Forecast Models

Aztec Minerals' time-series forecasting models is one of many Aztec Minerals' 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 Aztec Minerals' 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 Aztec Minerals Corp

Checking the ongoing alerts about Aztec Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aztec Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Aztec Minerals Corp had very high historical volatility over the last 90 days
Aztec Minerals Corp has some characteristics of a very speculative penny stock
Aztec Minerals Corp has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (1.74 M) with loss before overhead, payroll, taxes, and interest of (28.09 K).
Aztec Minerals Corp has accumulated about 346.81 K in cash with (872.83 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 26.0% of the company shares are held by company insiders
Latest headline from news.google.com: Aztec Reports Final Gold and Multi-Element Results From 2023 RC Drilling from the Cervantes Project, Sonora, Mexico ... - Yahoo Finance

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When running Aztec Minerals' price analysis, check to measure Aztec Minerals' 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 Aztec Minerals is operating at the current time. Most of Aztec Minerals' value examination focuses on studying past and present price action to predict the probability of Aztec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aztec Minerals' price. Additionally, you may evaluate how the addition of Aztec Minerals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aztec Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aztec Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aztec Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.