Atha Energy Corp Stock Probability of Future Stock Price Finishing Under 0.57
| SASK Stock | 0.65 0.04 6.56% |
Atha |
Atha Energy Target Price Odds to finish below 0.57
The tendency of Atha 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 0.57 or more in 90 days |
| 0.65 | 90 days | 0.57 | about 15.39 |
Based on a normal probability distribution, the odds of Atha Energy to drop to 0.57 or more in 90 days from now is about 15.39 (This Atha Energy Corp probability density function shows the probability of Atha Stock to fall within a particular range of prices over 90 days) . Probability of Atha Energy Corp price to stay between 0.57 and its current price of 0.65 at the end of the 90-day period is about 26.48 .
Assuming the 90 days trading horizon Atha Energy has a beta of 0.72. This usually implies as returns on the market go up, Atha Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atha Energy Corp will be expected to be much smaller as well. Additionally Atha Energy Corp has an alpha of 0.4926, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Atha Energy Price Density |
| Price |
Predictive Modules for Atha Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atha Energy Corp. 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.Atha Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atha Energy is not an exception. The market had few large corrections towards the Atha Energy'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 Atha Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atha Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.07 |
Atha Energy 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 Atha Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atha Energy Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atha Energy Corp is way too risky over 90 days horizon | |
| Atha Energy Corp has some characteristics of a very speculative penny stock | |
| Atha Energy Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (13.98 M) with profit before overhead, payroll, taxes, and interest of 1.16 M. | |
| Atha Energy generates negative cash flow from operations | |
| Latest headline from news.google.com: Atha Energy Confirms Multiple High-Grade Discoveries Along the Mineralized Rib Corridor at Angilak Project - Assays from Rib East, West, And South Discoveries - All Holes Intersecting Uranium Mineralization, Grades Up To 5.55 percent U3O8 - Junior Mining Network |
Atha Energy 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 Atha Stock often depends not only on the future outlook of the current and potential Atha Energy'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. Atha Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Atha Energy Technical Analysis
Atha Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Atha Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atha Energy Corp. In general, you should focus on analyzing Atha Stock price patterns and their correlations with different microeconomic environments and drivers.
Atha Energy Predictive Forecast Models
Atha Energy's time-series forecasting models is one of many Atha Energy'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 Atha Energy'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 Atha Energy Corp
Checking the ongoing alerts about Atha Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atha Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atha Energy Corp is way too risky over 90 days horizon | |
| Atha Energy Corp has some characteristics of a very speculative penny stock | |
| Atha Energy Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (13.98 M) with profit before overhead, payroll, taxes, and interest of 1.16 M. | |
| Atha Energy generates negative cash flow from operations | |
| Latest headline from news.google.com: Atha Energy Confirms Multiple High-Grade Discoveries Along the Mineralized Rib Corridor at Angilak Project - Assays from Rib East, West, And South Discoveries - All Holes Intersecting Uranium Mineralization, Grades Up To 5.55 percent U3O8 - Junior Mining Network |
Additional Tools for Atha Stock Analysis
When running Atha Energy's price analysis, check to measure Atha Energy'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 Atha Energy is operating at the current time. Most of Atha Energy's value examination focuses on studying past and present price action to predict the probability of Atha Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atha Energy's price. Additionally, you may evaluate how the addition of Atha Energy to your portfolios can decrease your overall portfolio volatility.