Tincorp Metals Stock Probability of Future Stock Price Finishing Under 0.15
| TIN Stock | CAD 0.16 0.01 6.67% |
Tincorp |
Tincorp Metals Target Price Odds to finish below 0.15
The tendency of Tincorp 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 C$ 0.15 or more in 90 days |
| 0.16 | 90 days | 0.15 | about 49.72 |
Based on a normal probability distribution, the odds of Tincorp Metals to drop to C$ 0.15 or more in 90 days from now is about 49.72 (This Tincorp Metals probability density function shows the probability of Tincorp Stock to fall within a particular range of prices over 90 days) . Probability of Tincorp Metals price to stay between C$ 0.15 and its current price of C$0.16 at the end of the 90-day period is about 44.66 .
Assuming the 90 days horizon Tincorp Metals has a beta of 0.49. This usually implies as returns on the market go up, Tincorp Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tincorp Metals will be expected to be much smaller as well. Additionally Tincorp Metals has an alpha of 0.0303, implying that it can generate a 0.0303 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tincorp Metals Price Density |
| Price |
Predictive Modules for Tincorp 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 Tincorp Metals. 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.Tincorp Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tincorp Metals is not an exception. The market had few large corrections towards the Tincorp 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 Tincorp Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tincorp Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0 |
Tincorp 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 Tincorp Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tincorp Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tincorp Metals has some characteristics of a very speculative penny stock | |
| Tincorp Metals has high likelihood to experience some financial distress in the next 2 years | |
| Tincorp Metals has accumulated 1.44 M in total debt. Tincorp Metals has a current ratio of 0.32, 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 Tincorp Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Tincorp Metals' 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 Tincorp Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tincorp to invest in growth at high rates of return. When we think about Tincorp Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.45 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tincorp Metals has accumulated about 42.32 K in cash with (962.39 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Blue Jay Gold acquires Skukum Gold Project in Canada from Tincorp Metals - MSN |
Tincorp 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 Tincorp Stock often depends not only on the future outlook of the current and potential Tincorp 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. Tincorp Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.6 M |
Tincorp Metals Technical Analysis
Tincorp Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Tincorp Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tincorp Metals. In general, you should focus on analyzing Tincorp Stock price patterns and their correlations with different microeconomic environments and drivers.
Tincorp Metals Predictive Forecast Models
Tincorp Metals' time-series forecasting models is one of many Tincorp 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 Tincorp 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 Tincorp Metals
Checking the ongoing alerts about Tincorp Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tincorp Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tincorp Metals has some characteristics of a very speculative penny stock | |
| Tincorp Metals has high likelihood to experience some financial distress in the next 2 years | |
| Tincorp Metals has accumulated 1.44 M in total debt. Tincorp Metals has a current ratio of 0.32, 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 Tincorp Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Tincorp Metals' 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 Tincorp Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tincorp to invest in growth at high rates of return. When we think about Tincorp Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.45 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tincorp Metals has accumulated about 42.32 K in cash with (962.39 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Blue Jay Gold acquires Skukum Gold Project in Canada from Tincorp Metals - MSN |
Additional Tools for Tincorp Stock Analysis
When running Tincorp Metals' price analysis, check to measure Tincorp 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 Tincorp Metals is operating at the current time. Most of Tincorp Metals' value examination focuses on studying past and present price action to predict the probability of Tincorp Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tincorp Metals' price. Additionally, you may evaluate how the addition of Tincorp Metals to your portfolios can decrease your overall portfolio volatility.