IMine Chance of Future Pink Sheet Price Finishing Over 0.0386
| JRVSDelisted Stock | USD 1.20 0.00 0.00% |
IMine |
IMine Target Price Odds to finish over 0.0386
The tendency of IMine 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 stay above $ 0.04 in 90 days |
| 1.20 | 90 days | 0.04 | close to 99 |
Based on a normal probability distribution, the odds of IMine to stay above $ 0.04 in 90 days from now is close to 99 (This IMine probability density function shows the probability of IMine Pink Sheet to fall within a particular range of prices over 90 days) . Probability of IMine price to stay between $ 0.04 and its current price of $1.2 at the end of the 90-day period is about 31.23 .
Given the investment horizon of 90 days IMine has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding IMine are expected to decrease at a much lower rate. During a bear market, however, IMine is likely to outperform the market. Additionally IMine has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. IMine Price Density |
| Price |
Predictive Modules for IMine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IMine. 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 IMine'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.
IMine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IMine is not an exception. The market had few large corrections towards the IMine'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 IMine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IMine within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.17 |
IMine 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 IMine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IMine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IMine is not yet fully synchronised with the market data | |
| IMine may become a speculative penny stock | |
| IMine has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.11 K. Net Loss for the year was (34.13 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| IMine currently holds about 395 in cash with (9.94 K) of positive cash flow from operations. | |
| Roughly 54.0% of the company shares are held by company insiders |
IMine 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 IMine Pink Sheet often depends not only on the future outlook of the current and potential IMine'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. IMine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 454.8 K | |
| Cash And Short Term Investments | 718.00 |
IMine Technical Analysis
IMine's future price can be derived by breaking down and analyzing its technical indicators over time. IMine Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IMine. In general, you should focus on analyzing IMine Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
IMine Predictive Forecast Models
IMine's time-series forecasting models is one of many IMine'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 IMine'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 IMine
Checking the ongoing alerts about IMine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IMine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IMine is not yet fully synchronised with the market data | |
| IMine may become a speculative penny stock | |
| IMine has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.11 K. Net Loss for the year was (34.13 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| IMine currently holds about 395 in cash with (9.94 K) of positive cash flow from operations. | |
| Roughly 54.0% of the company shares are held by company insiders |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in IMine Pink Sheet
If you are still planning to invest in IMine check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the IMine's history and understand the potential risks before investing.
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