Foothills Exploration Stock Probability of Future Pink Sheet Price Finishing Over 1.0E-4
| FTXP Stock | USD 0.0001 0.00 0.00% |
Foothills |
Foothills Exploration Target Price Odds to finish over 1.0E-4
The tendency of Foothills 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 above the current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 76.71 |
Based on a normal probability distribution, the odds of Foothills Exploration to move above the current price in 90 days from now is about 76.71 (This Foothills Exploration probability density function shows the probability of Foothills Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Foothills Exploration has a beta of -1.34. This usually indicates as returns on its benchmark rise, returns on holding Foothills Exploration are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Foothills Exploration is expected to outperform its benchmark. In addition to that Foothills Exploration has an alpha of 7.6267, implying that it can generate a 7.63 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Foothills Exploration Price Density |
| Price |
Predictive Modules for Foothills Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foothills Exploration. 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 Foothills Exploration'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.
Foothills Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Foothills Exploration is not an exception. The market had few large corrections towards the Foothills Exploration'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 Foothills Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Foothills Exploration within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 7.63 | |
β | Beta against NYSE Composite | -1.34 | |
σ | Overall volatility | 0.000048 | |
Ir | Information ratio | 0.17 |
Foothills Exploration 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 Foothills Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Foothills Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Foothills Exploration is way too risky over 90 days horizon | |
| Foothills Exploration has some characteristics of a very speculative penny stock | |
| Foothills Exploration appears to be risky and price may revert if volatility continues | |
| Foothills Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Foothills Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Foothills Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Foothills Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foothills to invest in growth at high rates of return. When we think about Foothills Exploration's use of debt, we should always consider it together with cash and equity. | |
| Foothills Exploration reported the previous year's revenue of 2.57 M. Net Loss for the year was (6.59 M) with profit before overhead, payroll, taxes, and interest of 140.14 K. | |
| Foothills Exploration currently holds about 1.24 M in cash with (373.42 K) of positive cash flow from operations. |
Foothills Exploration 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 Foothills Pink Sheet often depends not only on the future outlook of the current and potential Foothills Exploration'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. Foothills Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.1 M |
Foothills Exploration Technical Analysis
Foothills Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Foothills Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Foothills Exploration. In general, you should focus on analyzing Foothills Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Foothills Exploration Predictive Forecast Models
Foothills Exploration's time-series forecasting models is one of many Foothills Exploration'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 Foothills Exploration'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 Foothills Exploration
Checking the ongoing alerts about Foothills Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Foothills Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Foothills Exploration is way too risky over 90 days horizon | |
| Foothills Exploration has some characteristics of a very speculative penny stock | |
| Foothills Exploration appears to be risky and price may revert if volatility continues | |
| Foothills Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Foothills Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Foothills Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Foothills Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foothills to invest in growth at high rates of return. When we think about Foothills Exploration's use of debt, we should always consider it together with cash and equity. | |
| Foothills Exploration reported the previous year's revenue of 2.57 M. Net Loss for the year was (6.59 M) with profit before overhead, payroll, taxes, and interest of 140.14 K. | |
| Foothills Exploration currently holds about 1.24 M in cash with (373.42 K) of positive cash flow from operations. |
Check out Foothills Exploration Backtesting, Foothills Exploration Valuation, Foothills Exploration Correlation, Foothills Exploration Hype Analysis, Foothills Exploration Volatility, Foothills Exploration History as well as Foothills Exploration 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 Foothills Pink Sheet analysis
When running Foothills Exploration's price analysis, check to measure Foothills Exploration'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 Foothills Exploration is operating at the current time. Most of Foothills Exploration's value examination focuses on studying past and present price action to predict the probability of Foothills Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foothills Exploration's price. Additionally, you may evaluate how the addition of Foothills Exploration to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |