Big Ridge Gold Stock Probability of Future Stock Price Finishing Over 0.09
| BRAU Stock | CAD 0.09 0.01 10.00% |
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Big Ridge Target Price Odds to finish over 0.09
The tendency of Big 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 |
| 0.09 | 90 days | 0.09 | about 82.01 |
Based on a normal probability distribution, the odds of Big Ridge to move above the current price in 90 days from now is about 82.01 (This Big Ridge Gold probability density function shows the probability of Big Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Big Ridge Gold has a beta of -0.0718 suggesting as returns on the benchmark increase, returns on holding Big Ridge are expected to decrease at a much lower rate. During a bear market, however, Big Ridge Gold is likely to outperform the market. Additionally Big Ridge Gold has an alpha of 0.8862, implying that it can generate a 0.89 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Big Ridge Price Density |
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Predictive Modules for Big Ridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Big Ridge Gold. 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 Big Ridge'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.
Big Ridge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Big Ridge is not an exception. The market had few large corrections towards the Big Ridge'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 Big Ridge Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Big Ridge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.89 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.11 |
Big Ridge 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 Big Ridge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Big Ridge Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Big Ridge Gold had very high historical volatility over the last 90 days | |
| Big Ridge Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.68 M) with loss before overhead, payroll, taxes, and interest of (278.7 K). | |
| Big Ridge Gold has accumulated about 4.11 M in cash with (4.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Latest headline from news.google.com: Big Ridge Gold Releases Online Meeting Materials - TipRanks |
Big Ridge 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 Big Stock often depends not only on the future outlook of the current and potential Big Ridge'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. Big Ridge's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 132.9 M | |
| Cash And Short Term Investments | 95.9 K |
Big Ridge Technical Analysis
Big Ridge's future price can be derived by breaking down and analyzing its technical indicators over time. Big Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Big Ridge Gold. In general, you should focus on analyzing Big Stock price patterns and their correlations with different microeconomic environments and drivers.
Big Ridge Predictive Forecast Models
Big Ridge's time-series forecasting models is one of many Big Ridge'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 Big Ridge'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 Big Ridge Gold
Checking the ongoing alerts about Big Ridge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Big Ridge Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Big Ridge Gold had very high historical volatility over the last 90 days | |
| Big Ridge Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.68 M) with loss before overhead, payroll, taxes, and interest of (278.7 K). | |
| Big Ridge Gold has accumulated about 4.11 M in cash with (4.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Latest headline from news.google.com: Big Ridge Gold Releases Online Meeting Materials - TipRanks |
Additional Tools for Big Stock Analysis
When running Big Ridge's price analysis, check to measure Big Ridge'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 Big Ridge is operating at the current time. Most of Big Ridge's value examination focuses on studying past and present price action to predict the probability of Big Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Ridge's price. Additionally, you may evaluate how the addition of Big Ridge to your portfolios can decrease your overall portfolio volatility.