Murchison Minerals Stock Probability of Future Stock Price Finishing Over 0.035
| MUR Stock | CAD 0.04 0.01 12.50% |
Murchison |
Murchison Minerals Target Price Odds to finish over 0.035
The tendency of Murchison 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 |
| 0.04 | 90 days | 0.04 | about 75.37 |
Based on a normal probability distribution, the odds of Murchison Minerals to move above the current price in 90 days from now is about 75.37 (This Murchison Minerals probability density function shows the probability of Murchison Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Murchison Minerals has a beta of -0.94. This indicates Additionally Murchison Minerals has an alpha of 0.0178, implying that it can generate a 0.0178 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Murchison Minerals Price Density |
| Price |
Predictive Modules for Murchison Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Murchison Minerals. 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 Murchison Minerals' 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.
Murchison Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Murchison Minerals is not an exception. The market had few large corrections towards the Murchison Minerals' 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 Murchison Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Murchison Minerals within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | -0.94 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.01 |
Murchison Minerals 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 Murchison Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Murchison Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Murchison Minerals had very high historical volatility over the last 90 days | |
| Murchison Minerals has some characteristics of a very speculative penny stock | |
| Murchison Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Murchison Minerals has accumulated about 882.72 K in cash with (2.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Murchison Minerals Ltd down on Monday - The Globe and Mail |
Murchison Minerals 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 Murchison Stock often depends not only on the future outlook of the current and potential Murchison Minerals' 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. Murchison Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 228.3 M | |
| Cash And Short Term Investments | 1.8 M |
Murchison Minerals Technical Analysis
Murchison Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Murchison Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Murchison Minerals. In general, you should focus on analyzing Murchison Stock price patterns and their correlations with different microeconomic environments and drivers.
Murchison Minerals Predictive Forecast Models
Murchison Minerals' time-series forecasting models is one of many Murchison Minerals' 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 Murchison Minerals' 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 Murchison Minerals
Checking the ongoing alerts about Murchison Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Murchison Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Murchison Minerals had very high historical volatility over the last 90 days | |
| Murchison Minerals has some characteristics of a very speculative penny stock | |
| Murchison Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Murchison Minerals has accumulated about 882.72 K in cash with (2.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Murchison Minerals Ltd down on Monday - The Globe and Mail |
Check out Murchison Minerals Backtesting, Murchison Minerals Valuation, Murchison Minerals Correlation, Murchison Minerals Hype Analysis, Murchison Minerals Volatility, Murchison Minerals History as well as Murchison Minerals Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Murchison Stock analysis
When running Murchison Minerals' price analysis, check to measure Murchison Minerals' 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 Murchison Minerals is operating at the current time. Most of Murchison Minerals' value examination focuses on studying past and present price action to predict the probability of Murchison Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murchison Minerals' price. Additionally, you may evaluate how the addition of Murchison Minerals to your portfolios can decrease your overall portfolio volatility.
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