Alba Mineral (UK) Probability of Future Stock Price Finishing Under 0.0173
| ALBA Stock | 0.02 0.0005 2.70% |
Alba |
Alba Mineral Target Price Odds to finish below 0.0173
The tendency of Alba 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 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | under 4 |
Based on a normal probability distribution, the odds of Alba Mineral to drop to 0.02 or more in 90 days from now is under 4 (This Alba Mineral Resources probability density function shows the probability of Alba Stock to fall within a particular range of prices over 90 days) . Probability of Alba Mineral Resources price to stay between 0.02 and its current price of 0.018 at the end of the 90-day period is about 1.77 .
Assuming the 90 days trading horizon Alba Mineral Resources has a beta of -1.81. This suggests as returns on its benchmark rise, returns on holding Alba Mineral Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Alba Mineral is expected to outperform its benchmark. Additionally Alba Mineral Resources has an alpha of 0.8615, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alba Mineral Price Density |
| Price |
Predictive Modules for Alba Mineral
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alba Mineral 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.Alba Mineral Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alba Mineral is not an exception. The market had few large corrections towards the Alba Mineral'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 Alba Mineral Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alba Mineral within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | -1.81 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.04 |
Alba Mineral 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 Alba Mineral for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alba Mineral 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.| Alba Mineral generated a negative expected return over the last 90 days | |
| Alba Mineral has high historical volatility and very poor performance | |
| Alba Mineral has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.52 M) with profit before overhead, payroll, taxes, and interest of 33 K. | |
| Alba Mineral generates negative cash flow from operations |
Alba Mineral 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 Alba Stock often depends not only on the future outlook of the current and potential Alba Mineral'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. Alba Mineral's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 B |
Alba Mineral Technical Analysis
Alba Mineral's future price can be derived by breaking down and analyzing its technical indicators over time. Alba Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alba Mineral Resources. In general, you should focus on analyzing Alba Stock price patterns and their correlations with different microeconomic environments and drivers.
Alba Mineral Predictive Forecast Models
Alba Mineral's time-series forecasting models is one of many Alba Mineral'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 Alba Mineral'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 Alba Mineral Resources
Checking the ongoing alerts about Alba Mineral for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alba Mineral Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alba Mineral generated a negative expected return over the last 90 days | |
| Alba Mineral has high historical volatility and very poor performance | |
| Alba Mineral has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.52 M) with profit before overhead, payroll, taxes, and interest of 33 K. | |
| Alba Mineral generates negative cash flow from operations |
Additional Tools for Alba Stock Analysis
When running Alba Mineral's price analysis, check to measure Alba Mineral'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 Alba Mineral is operating at the current time. Most of Alba Mineral's value examination focuses on studying past and present price action to predict the probability of Alba Mineral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alba Mineral's price. Additionally, you may evaluate how the addition of Alba Mineral to your portfolios can decrease your overall portfolio volatility.