Walker River Resources Stock Probability of Future Stock Price Finishing Over 0.19
| WRR Stock | CAD 0.19 0.01 5.56% |
Walker |
Walker River Target Price Odds to finish over 0.19
The tendency of Walker 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 |
| 0.19 | 90 days | 0.19 | about 85.04 |
Based on a normal probability distribution, the odds of Walker River to move above the current price in 90 days from now is about 85.04 (This Walker River Resources probability density function shows the probability of Walker Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.89 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Walker River will likely underperform. Additionally Walker River Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Walker River Price Density |
| Price |
Predictive Modules for Walker River
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Walker River 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Walker River'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.
Walker River Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Walker River is not an exception. The market had few large corrections towards the Walker River'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 Walker River Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Walker River within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.17 | |
β | Beta against NYSE Composite | 1.89 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.02 |
Walker River 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 Walker River for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Walker River 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.| Walker River generated a negative expected return over the last 90 days | |
| Walker River has high historical volatility and very poor performance | |
| Walker River has some characteristics of a very speculative penny stock | |
| Walker River has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (826.19 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Walker River Resources has accumulated about 1.06 M in cash with (708.06 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Latest headline from news.google.com: Closing Bell Walker River Resources Corp up on Monday - Barchart |
Walker River 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 Walker Stock often depends not only on the future outlook of the current and potential Walker River'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. Walker River's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.5 M | |
| Cash And Short Term Investments | 543.3 K |
Walker River Technical Analysis
Walker River's future price can be derived by breaking down and analyzing its technical indicators over time. Walker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Walker River Resources. In general, you should focus on analyzing Walker Stock price patterns and their correlations with different microeconomic environments and drivers.
Walker River Predictive Forecast Models
Walker River's time-series forecasting models is one of many Walker River'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 Walker River'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 Walker River Resources
Checking the ongoing alerts about Walker River for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Walker River Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Walker River generated a negative expected return over the last 90 days | |
| Walker River has high historical volatility and very poor performance | |
| Walker River has some characteristics of a very speculative penny stock | |
| Walker River has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (826.19 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Walker River Resources has accumulated about 1.06 M in cash with (708.06 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Latest headline from news.google.com: Closing Bell Walker River Resources Corp up on Monday - Barchart |
Check out Walker River Backtesting, Walker River Valuation, Walker River Correlation, Walker River Hype Analysis, Walker River Volatility, Walker River History as well as Walker River Performance. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Walker Stock analysis
When running Walker River's price analysis, check to measure Walker River'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 Walker River is operating at the current time. Most of Walker River's value examination focuses on studying past and present price action to predict the probability of Walker River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walker River's price. Additionally, you may evaluate how the addition of Walker River to your portfolios can decrease your overall portfolio volatility.
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