Winmill Co Incorporated Stock Probability of Future Pink Sheet Price Finishing Over 4.80
| WNMLA Stock | USD 4.80 0.20 4.35% |
Winmill |
Winmill Co Target Price Odds to finish over 4.80
The tendency of Winmill Pink Sheet 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 |
| 4.80 | 90 days | 4.80 | about 34.28 |
Based on a normal probability distribution, the odds of Winmill Co to move above the current price in 90 days from now is about 34.28 (This Winmill Co Incorporated probability density function shows the probability of Winmill Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Winmill Co Incorporated has a beta of -0.73. This entails as returns on the benchmark increase, returns on holding Winmill Co are expected to decrease at a much lower rate. During a bear market, however, Winmill Co Incorporated is likely to outperform the market. Additionally Winmill Co Incorporated has an alpha of 0.3952, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Winmill Co Price Density |
| Price |
Predictive Modules for Winmill Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Winmill Co. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Winmill Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Winmill Co is not an exception. The market had few large corrections towards the Winmill Co'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 Winmill Co Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Winmill Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | 0.07 |
Winmill Co 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 Winmill Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Winmill Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Winmill Co had very high historical volatility over the last 90 days | |
| Winmill Co Incorporated has accumulated about 1.91 M in cash with (26.88 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.27. |
Winmill Co Technical Analysis
Winmill Co's future price can be derived by breaking down and analyzing its technical indicators over time. Winmill Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Winmill Co Incorporated. In general, you should focus on analyzing Winmill Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Winmill Co Predictive Forecast Models
Winmill Co's time-series forecasting models is one of many Winmill Co's pink sheet 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 Winmill Co'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Winmill Co
Checking the ongoing alerts about Winmill Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Winmill Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Winmill Co had very high historical volatility over the last 90 days | |
| Winmill Co Incorporated has accumulated about 1.91 M in cash with (26.88 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.27. |
Other Information on Investing in Winmill Pink Sheet
Winmill Co financial ratios help investors to determine whether Winmill Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Winmill with respect to the benefits of owning Winmill Co security.