Rathdowney Resources Stock Probability of Future Stock Price Finishing Under 0.00
| RTH Stock | CAD 0.01 0.00 0.00% |
Rathdowney |
Rathdowney Resources Target Price Odds to finish below 0.00
The tendency of Rathdowney 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 drop to C$ 0.00 or more in 90 days |
| 0.01 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Rathdowney Resources to drop to C$ 0.00 or more in 90 days from now is near 1 (This Rathdowney Resources probability density function shows the probability of Rathdowney Stock to fall within a particular range of prices over 90 days) . Probability of Rathdowney Resources price to stay between C$ 0.00 and its current price of C$0.01 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Rathdowney Resources has a beta of -1.09 indicating Additionally Rathdowney Resources has an alpha of 0.0829, implying that it can generate a 0.0829 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Rathdowney Resources Price Density |
| Price |
Predictive Modules for Rathdowney Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rathdowney Resources. 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 Rathdowney Resources' 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.
Rathdowney Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rathdowney Resources is not an exception. The market had few large corrections towards the Rathdowney Resources' 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 Rathdowney Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rathdowney Resources within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | -1.09 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.0063 |
Rathdowney Resources 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 Rathdowney Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rathdowney Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rathdowney Resources generated a negative expected return over the last 90 days | |
| Rathdowney Resources has high historical volatility and very poor performance | |
| Rathdowney Resources has some characteristics of a very speculative penny stock | |
| Rathdowney Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 1.87 M in total debt with debt to equity ratio (D/E) of 3.68, implying the company greatly relies on financing operations through barrowing. Rathdowney Resources has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Rathdowney Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Rathdowney Resources' 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 Rathdowney Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rathdowney to invest in growth at high rates of return. When we think about Rathdowney Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.2 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rathdowney Resources has accumulated about 162.88 K in cash with (928.09 K) of positive cash flow from operations. | |
| Roughly 13.0% of Rathdowney Resources outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Rathdowney Resources Ltd down on Friday - The Globe and Mail |
Rathdowney Resources 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 Rathdowney Stock often depends not only on the future outlook of the current and potential Rathdowney Resources' 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. Rathdowney Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 230.4 M | |
| Shares Float | 201.4 M |
Rathdowney Resources Technical Analysis
Rathdowney Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Rathdowney Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rathdowney Resources. In general, you should focus on analyzing Rathdowney Stock price patterns and their correlations with different microeconomic environments and drivers.
Rathdowney Resources Predictive Forecast Models
Rathdowney Resources' time-series forecasting models is one of many Rathdowney Resources' 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 Rathdowney Resources' 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 Rathdowney Resources
Checking the ongoing alerts about Rathdowney Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rathdowney Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rathdowney Resources generated a negative expected return over the last 90 days | |
| Rathdowney Resources has high historical volatility and very poor performance | |
| Rathdowney Resources has some characteristics of a very speculative penny stock | |
| Rathdowney Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 1.87 M in total debt with debt to equity ratio (D/E) of 3.68, implying the company greatly relies on financing operations through barrowing. Rathdowney Resources has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Rathdowney Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Rathdowney Resources' 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 Rathdowney Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rathdowney to invest in growth at high rates of return. When we think about Rathdowney Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.2 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rathdowney Resources has accumulated about 162.88 K in cash with (928.09 K) of positive cash flow from operations. | |
| Roughly 13.0% of Rathdowney Resources outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Rathdowney Resources Ltd down on Friday - The Globe and Mail |
Check out Rathdowney Resources Backtesting, Rathdowney Resources Valuation, Rathdowney Resources Correlation, Rathdowney Resources Hype Analysis, Rathdowney Resources Volatility, Rathdowney Resources History as well as Rathdowney Resources Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Rathdowney Stock analysis
When running Rathdowney Resources' price analysis, check to measure Rathdowney Resources' 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 Rathdowney Resources is operating at the current time. Most of Rathdowney Resources' value examination focuses on studying past and present price action to predict the probability of Rathdowney Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rathdowney Resources' price. Additionally, you may evaluate how the addition of Rathdowney Resources to your portfolios can decrease your overall portfolio volatility.
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