Yorkton Equity Group Stock Probability of Future Stock Price Finishing Over 0.18
| YEG Stock | CAD 0.18 0.01 5.88% |
Yorkton |
Yorkton Equity Target Price Odds to finish over 0.18
The tendency of Yorkton 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 |
| 0.18 | 90 days | 0.18 | about 10.28 |
Based on a normal probability distribution, the odds of Yorkton Equity to move above the current price in 90 days from now is about 10.28 (This Yorkton Equity Group probability density function shows the probability of Yorkton Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Yorkton Equity Group has a beta of -1.31. This entails as returns on its benchmark rise, returns on holding Yorkton Equity Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Yorkton Equity is expected to outperform its benchmark. Additionally Yorkton Equity Group has an alpha of 0.641, implying that it can generate a 0.64 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Yorkton Equity Price Density |
| Price |
Predictive Modules for Yorkton Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yorkton Equity Group. 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 Yorkton Equity'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.
Yorkton Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yorkton Equity is not an exception. The market had few large corrections towards the Yorkton Equity'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 Yorkton Equity Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yorkton Equity within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.64 | |
β | Beta against NYSE Composite | -1.31 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.06 |
Yorkton Equity 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 Yorkton Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yorkton Equity Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yorkton Equity Group is way too risky over 90 days horizon | |
| Yorkton Equity Group has some characteristics of a very speculative penny stock | |
| Yorkton Equity Group appears to be risky and price may revert if volatility continues | |
| The company has accumulated 3.86 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Yorkton Equity Group has a current ratio of 0.44, 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 Yorkton Equity until it has trouble settling it off, either with new capital or with free cash flow. So, Yorkton Equity's 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 Yorkton Equity Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yorkton to invest in growth at high rates of return. When we think about Yorkton Equity's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.86 M. Net Loss for the year was (49.34 K) with profit before overhead, payroll, taxes, and interest of 1.83 M. | |
| About 74.0% of Yorkton Equity outstanding shares are owned by insiders |
Yorkton Equity 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 Yorkton Stock often depends not only on the future outlook of the current and potential Yorkton Equity'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. Yorkton Equity's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 112.7 M |
Yorkton Equity Technical Analysis
Yorkton Equity's future price can be derived by breaking down and analyzing its technical indicators over time. Yorkton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yorkton Equity Group. In general, you should focus on analyzing Yorkton Stock price patterns and their correlations with different microeconomic environments and drivers.
Yorkton Equity Predictive Forecast Models
Yorkton Equity's time-series forecasting models is one of many Yorkton Equity'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 Yorkton Equity'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 Yorkton Equity Group
Checking the ongoing alerts about Yorkton Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yorkton Equity Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yorkton Equity Group is way too risky over 90 days horizon | |
| Yorkton Equity Group has some characteristics of a very speculative penny stock | |
| Yorkton Equity Group appears to be risky and price may revert if volatility continues | |
| The company has accumulated 3.86 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Yorkton Equity Group has a current ratio of 0.44, 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 Yorkton Equity until it has trouble settling it off, either with new capital or with free cash flow. So, Yorkton Equity's 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 Yorkton Equity Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yorkton to invest in growth at high rates of return. When we think about Yorkton Equity's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.86 M. Net Loss for the year was (49.34 K) with profit before overhead, payroll, taxes, and interest of 1.83 M. | |
| About 74.0% of Yorkton Equity outstanding shares are owned by insiders |
Check out Yorkton Equity Backtesting, Yorkton Equity Valuation, Yorkton Equity Correlation, Yorkton Equity Hype Analysis, Yorkton Equity Volatility, Yorkton Equity History as well as Yorkton Equity Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Yorkton Stock analysis
When running Yorkton Equity's price analysis, check to measure Yorkton Equity'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 Yorkton Equity is operating at the current time. Most of Yorkton Equity's value examination focuses on studying past and present price action to predict the probability of Yorkton Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yorkton Equity's price. Additionally, you may evaluate how the addition of Yorkton Equity to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Positions Ratings 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 | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |