Juggernaut Exploration Stock Probability of Future Stock Price Finishing Over 0.09
| JUGR Stock | CAD 0.09 0.01 10.00% |
Juggernaut |
Juggernaut Exploration Target Price Odds to finish over 0.09
The tendency of Juggernaut 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 above the current price in 90 days |
| 0.09 | 90 days | 0.09 | about 47.08 |
Based on a normal probability distribution, the odds of Juggernaut Exploration to move above the current price in 90 days from now is about 47.08 (This Juggernaut Exploration probability density function shows the probability of Juggernaut Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Juggernaut Exploration has a beta of -0.72. This indicates as returns on the benchmark increase, returns on holding Juggernaut Exploration are expected to decrease at a much lower rate. During a bear market, however, Juggernaut Exploration is likely to outperform the market. Additionally Juggernaut Exploration has an alpha of 0.6198, implying that it can generate a 0.62 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Juggernaut Exploration Price Density |
| Price |
Predictive Modules for Juggernaut 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 Juggernaut Exploration. 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 Juggernaut 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.
Juggernaut Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Juggernaut Exploration is not an exception. The market had few large corrections towards the Juggernaut 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 Juggernaut Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Juggernaut Exploration within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.62 | |
β | Beta against NYSE Composite | -0.72 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
Juggernaut 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 Juggernaut Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Juggernaut 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.| Juggernaut Exploration had very high historical volatility over the last 90 days | |
| Juggernaut Exploration has some characteristics of a very speculative penny stock | |
| Juggernaut Exploration has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (6.6 M) with loss before overhead, payroll, taxes, and interest of (154.47 K). | |
| Juggernaut Exploration has accumulated about 1.54 M in cash with (923.65 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Closing Bell Juggernaut Exploration Ltd flat on Friday - The Globe and Mail |
Juggernaut 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 Juggernaut Stock often depends not only on the future outlook of the current and potential Juggernaut 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. Juggernaut Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.8 M | |
| Cash And Short Term Investments | 468.7 K |
Juggernaut Exploration Technical Analysis
Juggernaut Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Juggernaut Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Juggernaut Exploration. In general, you should focus on analyzing Juggernaut Stock price patterns and their correlations with different microeconomic environments and drivers.
Juggernaut Exploration Predictive Forecast Models
Juggernaut Exploration's time-series forecasting models is one of many Juggernaut Exploration'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 Juggernaut 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 stock market movement and maximize returns from investment trading.
Things to note about Juggernaut Exploration
Checking the ongoing alerts about Juggernaut Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Juggernaut Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Juggernaut Exploration had very high historical volatility over the last 90 days | |
| Juggernaut Exploration has some characteristics of a very speculative penny stock | |
| Juggernaut Exploration has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (6.6 M) with loss before overhead, payroll, taxes, and interest of (154.47 K). | |
| Juggernaut Exploration has accumulated about 1.54 M in cash with (923.65 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Closing Bell Juggernaut Exploration Ltd flat on Friday - The Globe and Mail |
Check out Juggernaut Exploration Backtesting, Juggernaut Exploration Valuation, Juggernaut Exploration Correlation, Juggernaut Exploration Hype Analysis, Juggernaut Exploration Volatility, Juggernaut Exploration History as well as Juggernaut Exploration Performance. Note that the Juggernaut Exploration information on this page should be used as a complementary analysis to other Juggernaut Exploration's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Juggernaut Stock analysis
When running Juggernaut Exploration's price analysis, check to measure Juggernaut 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 Juggernaut Exploration is operating at the current time. Most of Juggernaut Exploration's value examination focuses on studying past and present price action to predict the probability of Juggernaut 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 Juggernaut Exploration's price. Additionally, you may evaluate how the addition of Juggernaut Exploration to your portfolios can decrease your overall portfolio volatility.
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