Fpx Nickel Corp Stock Probability of Future Stock Price Finishing Over 0.43
| FPX Stock | CAD 0.32 0.01 3.23% |
FPX |
FPX Nickel Target Price Odds to finish over 0.43
The tendency of FPX 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$ 0.43 or more in 90 days |
| 0.32 | 90 days | 0.43 | near 1 |
Based on a normal probability distribution, the odds of FPX Nickel to move over C$ 0.43 or more in 90 days from now is near 1 (This FPX Nickel Corp probability density function shows the probability of FPX Stock to fall within a particular range of prices over 90 days) . Probability of FPX Nickel Corp price to stay between its current price of C$ 0.32 and C$ 0.43 at the end of the 90-day period is about 50.0 .
Assuming the 90 days horizon FPX Nickel has a beta of 0.39. This usually indicates as returns on the market go up, FPX Nickel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FPX Nickel Corp will be expected to be much smaller as well. Additionally FPX Nickel Corp has an alpha of 0.2329, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). FPX Nickel Price Density |
| Price |
Predictive Modules for FPX Nickel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FPX Nickel 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 FPX Nickel'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.
FPX Nickel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FPX Nickel is not an exception. The market had few large corrections towards the FPX Nickel'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 FPX Nickel Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FPX Nickel within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.23 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.05 |
FPX Nickel 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 FPX Nickel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FPX Nickel 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.| FPX Nickel Corp has some characteristics of a very speculative penny stock | |
| FPX Nickel Corp had very high historical volatility over the last 90 days | |
| FPX Nickel Corp has high likelihood to experience some financial distress in the next 2 years | |
| FPX Nickel Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (4.45 M) with loss before overhead, payroll, taxes, and interest of (4.6 K). | |
| FPX Nickel Corp has accumulated about 1.17 M in cash with (1.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 25.0% of the company shares are held by company insiders |
FPX Nickel 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 FPX Stock often depends not only on the future outlook of the current and potential FPX Nickel'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. FPX Nickel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 261.3 M | |
| Cash And Short Term Investments | 28.9 M |
FPX Nickel Technical Analysis
FPX Nickel's future price can be derived by breaking down and analyzing its technical indicators over time. FPX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FPX Nickel Corp. In general, you should focus on analyzing FPX Stock price patterns and their correlations with different microeconomic environments and drivers.
FPX Nickel Predictive Forecast Models
FPX Nickel's time-series forecasting models is one of many FPX Nickel'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 FPX Nickel'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 FPX Nickel Corp
Checking the ongoing alerts about FPX Nickel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FPX Nickel Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FPX Nickel Corp has some characteristics of a very speculative penny stock | |
| FPX Nickel Corp had very high historical volatility over the last 90 days | |
| FPX Nickel Corp has high likelihood to experience some financial distress in the next 2 years | |
| FPX Nickel Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (4.45 M) with loss before overhead, payroll, taxes, and interest of (4.6 K). | |
| FPX Nickel Corp has accumulated about 1.17 M in cash with (1.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 25.0% of the company shares are held by company insiders |
Check out FPX Nickel Backtesting, FPX Nickel Valuation, FPX Nickel Correlation, FPX Nickel Hype Analysis, FPX Nickel Volatility, FPX Nickel History as well as FPX Nickel Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for FPX Stock analysis
When running FPX Nickel's price analysis, check to measure FPX Nickel'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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.
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