Independence Gold Corp Stock Probability of Future Stock Price Finishing Over 0.21

IGO Stock  CAD 0.20  0.01  4.76%   
Independence Gold's future price is the expected price of Independence Gold instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Independence Gold Corp performance during a given time horizon utilizing its historical volatility. Check out Independence Gold Backtesting, Independence Gold Valuation, Independence Gold Correlation, Independence Gold Hype Analysis, Independence Gold Volatility, Independence Gold History as well as Independence Gold Performance.
  
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Independence 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 Independence Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Independence Gold 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.
Independence Gold has some characteristics of a very speculative penny stock
Independence Gold had very high historical volatility over the last 90 days
Net Loss for the year was (3.81 M) with loss before overhead, payroll, taxes, and interest of (1.28 K).
Independence Gold Corp has accumulated about 1.98 M in cash with (3.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.

Independence 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 Independence Stock often depends not only on the future outlook of the current and potential Independence 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. Independence Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding138.7 M
Cash And Short Term Investments3.6 M

Independence Gold Technical Analysis

Independence Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Independence Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Independence Gold Corp. In general, you should focus on analyzing Independence Stock price patterns and their correlations with different microeconomic environments and drivers.

Independence Gold Predictive Forecast Models

Independence Gold's time-series forecasting models is one of many Independence 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 Independence 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 Independence Gold Corp

Checking the ongoing alerts about Independence Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Independence Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Independence Gold has some characteristics of a very speculative penny stock
Independence Gold had very high historical volatility over the last 90 days
Net Loss for the year was (3.81 M) with loss before overhead, payroll, taxes, and interest of (1.28 K).
Independence Gold Corp has accumulated about 1.98 M in cash with (3.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.

Additional Tools for Independence Stock Analysis

When running Independence Gold's price analysis, check to measure Independence 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 Independence Gold is operating at the current time. Most of Independence Gold's value examination focuses on studying past and present price action to predict the probability of Independence 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 Independence Gold's price. Additionally, you may evaluate how the addition of Independence Gold to your portfolios can decrease your overall portfolio volatility.