Grande Portage Resources Stock Probability of Future Stock Price Finishing Under 0.19
| GPG Stock | CAD 0.19 0.01 5.56% |
Grande |
Grande Portage Target Price Odds to finish below 0.19
The tendency of Grande 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 below current price in 90 days |
| 0.19 | 90 days | 0.19 | about 12.79 |
Based on a normal probability distribution, the odds of Grande Portage to move below current price in 90 days from now is about 12.79 (This Grande Portage Resources probability density function shows the probability of Grande Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Grande Portage Resources has a beta of -0.88. This usually indicates Additionally Grande Portage Resources 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. Grande Portage Price Density |
| Price |
Predictive Modules for Grande Portage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grande Portage Resources. 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.Grande Portage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grande Portage is not an exception. The market had few large corrections towards the Grande Portage'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 Grande Portage Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grande Portage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.88 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.02 |
Grande Portage 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 Grande Portage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grande Portage Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grande Portage generated a negative expected return over the last 90 days | |
| Grande Portage has high historical volatility and very poor performance | |
| Grande Portage has some characteristics of a very speculative penny stock | |
| Grande Portage has high likelihood to experience some financial distress in the next 2 years | |
| Grande Portage Resources has accumulated 131.1 K in total debt. Grande Portage Resources has a current ratio of 0.4, 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 Grande Portage until it has trouble settling it off, either with new capital or with free cash flow. So, Grande Portage'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 Grande Portage Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grande to invest in growth at high rates of return. When we think about Grande Portage's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.1 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Grande Portage Resources has accumulated about 47.37 K in cash with (74.37 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Grande Portage Resources Ltd. announced that it expects to receive CAD 0.25 million in funding - Marketscreener.com |
Grande Portage 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 Grande Stock often depends not only on the future outlook of the current and potential Grande Portage'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. Grande Portage's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110.8 M | |
| Cash And Short Term Investments | 344.2 K |
Grande Portage Technical Analysis
Grande Portage's future price can be derived by breaking down and analyzing its technical indicators over time. Grande Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grande Portage Resources. In general, you should focus on analyzing Grande Stock price patterns and their correlations with different microeconomic environments and drivers.
Grande Portage Predictive Forecast Models
Grande Portage's time-series forecasting models is one of many Grande Portage'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 Grande Portage'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 Grande Portage Resources
Checking the ongoing alerts about Grande Portage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grande Portage Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grande Portage generated a negative expected return over the last 90 days | |
| Grande Portage has high historical volatility and very poor performance | |
| Grande Portage has some characteristics of a very speculative penny stock | |
| Grande Portage has high likelihood to experience some financial distress in the next 2 years | |
| Grande Portage Resources has accumulated 131.1 K in total debt. Grande Portage Resources has a current ratio of 0.4, 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 Grande Portage until it has trouble settling it off, either with new capital or with free cash flow. So, Grande Portage'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 Grande Portage Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grande to invest in growth at high rates of return. When we think about Grande Portage's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.1 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Grande Portage Resources has accumulated about 47.37 K in cash with (74.37 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Grande Portage Resources Ltd. announced that it expects to receive CAD 0.25 million in funding - Marketscreener.com |
Additional Tools for Grande Stock Analysis
When running Grande Portage's price analysis, check to measure Grande Portage'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 Grande Portage is operating at the current time. Most of Grande Portage's value examination focuses on studying past and present price action to predict the probability of Grande Portage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grande Portage's price. Additionally, you may evaluate how the addition of Grande Portage to your portfolios can decrease your overall portfolio volatility.