Oceanic Iron Ore Stock Probability of Future Pink Sheet Price Finishing Over 0.04
| FEOVF Stock | USD 0.06 0.00 0.00% |
Oceanic |
Oceanic Iron Target Price Odds to finish over 0.04
The tendency of Oceanic Pink Sheet 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 stay above $ 0.04 in 90 days |
| 0.06 | 90 days | 0.04 | about 91.21 |
Based on a normal probability distribution, the odds of Oceanic Iron to stay above $ 0.04 in 90 days from now is about 91.21 (This Oceanic Iron Ore probability density function shows the probability of Oceanic Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Oceanic Iron Ore price to stay between $ 0.04 and its current price of $0.06 at the end of the 90-day period is about 67.9 .
Assuming the 90 days horizon Oceanic Iron Ore has a beta of -3.03. This usually indicates as returns on its benchmark rise, returns on holding Oceanic Iron Ore are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Oceanic Iron is expected to outperform its benchmark. Additionally Oceanic Iron Ore has an alpha of 0.4707, implying that it can generate a 0.47 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Oceanic Iron Price Density |
| Price |
Predictive Modules for Oceanic Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oceanic Iron Ore. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Oceanic Iron'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.
Oceanic Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oceanic Iron is not an exception. The market had few large corrections towards the Oceanic Iron'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 Oceanic Iron Ore, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oceanic Iron within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.47 | |
β | Beta against NYSE Composite | -3.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Oceanic Iron 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 Oceanic Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oceanic Iron Ore can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oceanic Iron Ore had very high historical volatility over the last 90 days | |
| Oceanic Iron Ore has some characteristics of a very speculative penny stock | |
| The company has accumulated 1.94 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Oceanic Iron Ore has a current ratio of 0.04, 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 Oceanic Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Oceanic Iron'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 Oceanic Iron Ore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceanic to invest in growth at high rates of return. When we think about Oceanic Iron's use of debt, we should always consider it together with cash and equity. | |
| Oceanic Iron Ore has accumulated about 51.44 K in cash with (817.12 K) of positive cash flow from operations. | |
| Roughly 54.0% of Oceanic Iron shares are held by company insiders |
Oceanic Iron 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 Oceanic Pink Sheet often depends not only on the future outlook of the current and potential Oceanic Iron'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. Oceanic Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.7 M |
Oceanic Iron Technical Analysis
Oceanic Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Oceanic Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oceanic Iron Ore. In general, you should focus on analyzing Oceanic Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Oceanic Iron Predictive Forecast Models
Oceanic Iron's time-series forecasting models is one of many Oceanic Iron's pink sheet 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 Oceanic Iron'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Oceanic Iron Ore
Checking the ongoing alerts about Oceanic Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oceanic Iron Ore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oceanic Iron Ore had very high historical volatility over the last 90 days | |
| Oceanic Iron Ore has some characteristics of a very speculative penny stock | |
| The company has accumulated 1.94 M in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Oceanic Iron Ore has a current ratio of 0.04, 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 Oceanic Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Oceanic Iron'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 Oceanic Iron Ore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceanic to invest in growth at high rates of return. When we think about Oceanic Iron's use of debt, we should always consider it together with cash and equity. | |
| Oceanic Iron Ore has accumulated about 51.44 K in cash with (817.12 K) of positive cash flow from operations. | |
| Roughly 54.0% of Oceanic Iron shares are held by company insiders |
Check out Oceanic Iron Backtesting, Oceanic Iron Valuation, Oceanic Iron Correlation, Oceanic Iron Hype Analysis, Oceanic Iron Volatility, Oceanic Iron History as well as Oceanic Iron Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Oceanic Pink Sheet analysis
When running Oceanic Iron's price analysis, check to measure Oceanic Iron'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 Oceanic Iron is operating at the current time. Most of Oceanic Iron's value examination focuses on studying past and present price action to predict the probability of Oceanic Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanic Iron's price. Additionally, you may evaluate how the addition of Oceanic Iron to your portfolios can decrease your overall portfolio volatility.
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