Orosur Mining Stock Probability of Future Stock Price Finishing Over 0.45
| OMI Stock | 0.45 0.05 10.00% |
Orosur |
Orosur Mining Target Price Odds to finish over 0.45
The tendency of Orosur 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 |
| 0.45 | 90 days | 0.45 | about 19.74 |
Based on a normal probability distribution, the odds of Orosur Mining to move above the current price in 90 days from now is about 19.74 (This Orosur Mining probability density function shows the probability of Orosur Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.62 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Orosur Mining will likely underperform. Additionally Orosur Mining has an alpha of 0.1045, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Orosur Mining Price Density |
| Price |
Predictive Modules for Orosur Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Orosur Mining. 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.Orosur Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Orosur Mining is not an exception. The market had few large corrections towards the Orosur Mining'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 Orosur Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Orosur Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 1.62 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.02 |
Orosur Mining 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 Orosur Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Orosur Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Orosur Mining had very high historical volatility over the last 90 days | |
| Orosur Mining has some characteristics of a very speculative penny stock | |
| Orosur Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.38 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Orosur Mining has accumulated about 15.41 M in cash with (1.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| Latest headline from news.google.com: Orosur Mining Announces Share Issuance Following Consultant Option Exercise - TipRanks |
Orosur Mining 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 Orosur Stock often depends not only on the future outlook of the current and potential Orosur Mining'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. Orosur Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Orosur Mining Technical Analysis
Orosur Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Orosur Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Orosur Mining. In general, you should focus on analyzing Orosur Stock price patterns and their correlations with different microeconomic environments and drivers.
Orosur Mining Predictive Forecast Models
Orosur Mining's time-series forecasting models is one of many Orosur Mining'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 Orosur Mining'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 Orosur Mining
Checking the ongoing alerts about Orosur Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Orosur Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Orosur Mining had very high historical volatility over the last 90 days | |
| Orosur Mining has some characteristics of a very speculative penny stock | |
| Orosur Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.38 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Orosur Mining has accumulated about 15.41 M in cash with (1.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| Latest headline from news.google.com: Orosur Mining Announces Share Issuance Following Consultant Option Exercise - TipRanks |
Additional Tools for Orosur Stock Analysis
When running Orosur Mining's price analysis, check to measure Orosur Mining'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 Orosur Mining is operating at the current time. Most of Orosur Mining's value examination focuses on studying past and present price action to predict the probability of Orosur Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orosur Mining's price. Additionally, you may evaluate how the addition of Orosur Mining to your portfolios can decrease your overall portfolio volatility.