Azincourt Uranium Stock Probability of Future OTC Stock Price Finishing Under 0.0002
| AZURF Stock | USD 0.02 0 9.59% |
Azincourt |
Azincourt Uranium Target Price Odds to finish below 0.0002
The tendency of Azincourt OTC 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 $ 0.0002 or more in 90 days |
| 0.02 | 90 days | 0.0002 | near 1 |
Based on a normal probability distribution, the odds of Azincourt Uranium to drop to $ 0.0002 or more in 90 days from now is near 1 (This Azincourt Uranium probability density function shows the probability of Azincourt OTC Stock to fall within a particular range of prices over 90 days) . Probability of Azincourt Uranium price to stay between $ 0.0002 and its current price of $0.0198 at the end of the 90-day period is about 24.71 .
Assuming the 90 days horizon Azincourt Uranium has a beta of -0.0977. This suggests as returns on the benchmark increase, returns on holding Azincourt Uranium are expected to decrease at a much lower rate. During a bear market, however, Azincourt Uranium is likely to outperform the market. Additionally Azincourt Uranium has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Azincourt Uranium Price Density |
| Price |
Predictive Modules for Azincourt Uranium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Azincourt Uranium. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Azincourt Uranium'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.
Azincourt Uranium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Azincourt Uranium is not an exception. The market had few large corrections towards the Azincourt Uranium'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 Azincourt Uranium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Azincourt Uranium within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | -0.1 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.01 |
Azincourt Uranium 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 Azincourt Uranium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Azincourt Uranium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Azincourt Uranium had very high historical volatility over the last 90 days | |
| Azincourt Uranium has some characteristics of a very speculative penny stock | |
| Azincourt Uranium has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (9.65 M) with loss before overhead, payroll, taxes, and interest of (427.9 K). | |
| Azincourt Uranium has accumulated about 10.58 M in cash with (8.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Azincourt Uranium 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 Azincourt OTC Stock often depends not only on the future outlook of the current and potential Azincourt Uranium'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. Azincourt Uranium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 227.4 M |
Azincourt Uranium Technical Analysis
Azincourt Uranium's future price can be derived by breaking down and analyzing its technical indicators over time. Azincourt OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Azincourt Uranium. In general, you should focus on analyzing Azincourt OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Azincourt Uranium Predictive Forecast Models
Azincourt Uranium's time-series forecasting models is one of many Azincourt Uranium's otc 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 Azincourt Uranium'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 otc stock market movement and maximize returns from investment trading.
Things to note about Azincourt Uranium
Checking the ongoing alerts about Azincourt Uranium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Azincourt Uranium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Azincourt Uranium had very high historical volatility over the last 90 days | |
| Azincourt Uranium has some characteristics of a very speculative penny stock | |
| Azincourt Uranium has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (9.65 M) with loss before overhead, payroll, taxes, and interest of (427.9 K). | |
| Azincourt Uranium has accumulated about 10.58 M in cash with (8.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Azincourt OTC Stock
Azincourt Uranium financial ratios help investors to determine whether Azincourt OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Azincourt with respect to the benefits of owning Azincourt Uranium security.