Valore Metals Corp Stock Probability of Future Stock Price Finishing Over 0.06
| VO Stock | CAD 0.06 0.01 14.29% |
ValOre |
ValOre Metals Target Price Odds to finish over 0.06
The tendency of ValOre 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 |
| 0.06 | 90 days | 0.06 | about 25.33 |
Based on a normal probability distribution, the odds of ValOre Metals to move above the current price in 90 days from now is about 25.33 (This ValOre Metals Corp probability density function shows the probability of ValOre Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days ValOre Metals Corp has a beta of -0.0723. This entails as returns on the benchmark increase, returns on holding ValOre Metals are expected to decrease at a much lower rate. During a bear market, however, ValOre Metals Corp is likely to outperform the market. Additionally ValOre Metals Corp has an alpha of 0.8643, implying that it can generate a 0.86 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ValOre Metals Price Density |
| Price |
Predictive Modules for ValOre Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ValOre Metals Corp. 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 ValOre Metals' 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.
ValOre Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ValOre Metals is not an exception. The market had few large corrections towards the ValOre Metals' 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 ValOre Metals Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ValOre Metals within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.86 | |
β | Beta against NYSE Composite | -0.07 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.07 |
ValOre Metals 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 ValOre Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ValOre Metals Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ValOre Metals Corp is way too risky over 90 days horizon | |
| ValOre Metals Corp has some characteristics of a very speculative penny stock | |
| ValOre Metals Corp appears to be risky and price may revert if volatility continues | |
| ValOre Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| ValOre Metals Corp currently holds about 1.23 M in cash with (6.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 21.0% of the company outstanding shares are owned by insiders |
ValOre Metals 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 ValOre Stock often depends not only on the future outlook of the current and potential ValOre Metals' 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. ValOre Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160.6 M | |
| Cash And Short Term Investments | 1.2 M |
ValOre Metals Technical Analysis
ValOre Metals' future price can be derived by breaking down and analyzing its technical indicators over time. ValOre Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ValOre Metals Corp. In general, you should focus on analyzing ValOre Stock price patterns and their correlations with different microeconomic environments and drivers.
ValOre Metals Predictive Forecast Models
ValOre Metals' time-series forecasting models is one of many ValOre Metals' 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 ValOre Metals' 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 ValOre Metals Corp
Checking the ongoing alerts about ValOre Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ValOre Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ValOre Metals Corp is way too risky over 90 days horizon | |
| ValOre Metals Corp has some characteristics of a very speculative penny stock | |
| ValOre Metals Corp appears to be risky and price may revert if volatility continues | |
| ValOre Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| ValOre Metals Corp currently holds about 1.23 M in cash with (6.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 21.0% of the company outstanding shares are owned by insiders |
Check out ValOre Metals Backtesting, ValOre Metals Valuation, ValOre Metals Correlation, ValOre Metals Hype Analysis, ValOre Metals Volatility, ValOre Metals History as well as ValOre Metals Performance. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for ValOre Stock analysis
When running ValOre Metals' price analysis, check to measure ValOre Metals' 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 ValOre Metals is operating at the current time. Most of ValOre Metals' value examination focuses on studying past and present price action to predict the probability of ValOre Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ValOre Metals' price. Additionally, you may evaluate how the addition of ValOre Metals to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |