Carlin Gold Stock Probability of Future Stock Price Finishing Under 0.14
| CGD Stock | CAD 0.15 0.01 6.25% |
Carlin |
Carlin Gold Target Price Odds to finish below 0.14
The tendency of Carlin 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 C$ 0.14 or more in 90 days |
| 0.15 | 90 days | 0.14 | near 1 |
Based on a normal probability distribution, the odds of Carlin Gold to drop to C$ 0.14 or more in 90 days from now is near 1 (This Carlin Gold probability density function shows the probability of Carlin Stock to fall within a particular range of prices over 90 days) . Probability of Carlin Gold price to stay between C$ 0.14 and its current price of C$0.15 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Carlin Gold has a beta of 0.13 suggesting as returns on the market go up, Carlin Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Carlin Gold will be expected to be much smaller as well. Additionally Carlin Gold has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Carlin Gold Price Density |
| Price |
Predictive Modules for Carlin Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carlin 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.Carlin Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Carlin Gold is not an exception. The market had few large corrections towards the Carlin Gold'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 Carlin Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Carlin Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.2 |
Carlin Gold 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 Carlin Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Carlin 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.| Carlin Gold generated a negative expected return over the last 90 days | |
| Carlin Gold has some characteristics of a very speculative penny stock | |
| Carlin Gold has accumulated 26.11 K in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Carlin Gold has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Carlin Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Carlin Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carlin Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carlin to invest in growth at high rates of return. When we think about Carlin Gold's use of debt, we should always consider it together with cash and equity. | |
| Carlin Gold has accumulated about 225.19 K in cash with (213.74 K) of positive cash flow from operations. | |
| Roughly 47.0% of Carlin Gold shares are held by company insiders |
Carlin Gold 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 Carlin Stock often depends not only on the future outlook of the current and potential Carlin Gold'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. Carlin Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.5 M |
Carlin Gold Technical Analysis
Carlin Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Carlin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Carlin Gold. In general, you should focus on analyzing Carlin Stock price patterns and their correlations with different microeconomic environments and drivers.
Carlin Gold Predictive Forecast Models
Carlin Gold's time-series forecasting models is one of many Carlin Gold'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 Carlin Gold'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 Carlin Gold
Checking the ongoing alerts about Carlin Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Carlin Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Carlin Gold generated a negative expected return over the last 90 days | |
| Carlin Gold has some characteristics of a very speculative penny stock | |
| Carlin Gold has accumulated 26.11 K in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Carlin Gold has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Carlin Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Carlin Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carlin Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carlin to invest in growth at high rates of return. When we think about Carlin Gold's use of debt, we should always consider it together with cash and equity. | |
| Carlin Gold has accumulated about 225.19 K in cash with (213.74 K) of positive cash flow from operations. | |
| Roughly 47.0% of Carlin Gold shares are held by company insiders |
Additional Tools for Carlin Stock Analysis
When running Carlin Gold's price analysis, check to measure Carlin Gold'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 Carlin Gold is operating at the current time. Most of Carlin Gold's value examination focuses on studying past and present price action to predict the probability of Carlin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlin Gold's price. Additionally, you may evaluate how the addition of Carlin Gold to your portfolios can decrease your overall portfolio volatility.