Bitterroot Resources Stock Analysis

Bitterroot Pink Sheet Analysis Notes

About 27.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bitterroot Resources recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 29th of September 2015. Bitterroot Resources Ltd., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States. The company was incorporated in 1951 and is headquartered in West Vancouver, Canada. Bitterroot Resources is traded on OTC Exchange in the United States.The quote for Bitterroot Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Bitterroot Resources please contact Michael Carr at 604-922-1351 or go to https://www.bitterrootresources.com.

Bitterroot Resources Investment Alerts

Bitterroot Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bitterroot Resources's market, we take the total number of its shares issued and multiply it by Bitterroot Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 24th of April, Bitterroot Resources shows the Mean Deviation of 3.96, risk adjusted performance of (0.02), and Standard Deviation of 8.83. Bitterroot Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Bitterroot Resources, which can be compared to its peers. Please confirm Bitterroot Resources market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Bitterroot Resources is priced correctly, providing market reflects its regular price of 0.0106 per share. As Bitterroot Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.

Bitterroot Resources Price Movement Analysis

Bitterroot Resources Predictive Daily Indicators

Bitterroot Resources Forecast Models

Bitterroot Resources' time-series forecasting models are one of many Bitterroot Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Bitterroot 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 market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Bitterroot Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bitterroot shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Bitterroot Resources. By using and applying Bitterroot Pink Sheet analysis, traders can create a robust methodology for identifying Bitterroot entry and exit points for their positions.

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When running Bitterroot Resources' price analysis, check to measure Bitterroot 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 Bitterroot Resources is operating at the current time. Most of Bitterroot Resources' value examination focuses on studying past and present price action to predict the probability of Bitterroot Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitterroot Resources' price. Additionally, you may evaluate how the addition of Bitterroot Resources to your portfolios can decrease your overall portfolio volatility.