LATIN GOLD (Australia) Probability of Future Stock Price Finishing Under 0.0701
| LAT Stock | 0.06 0 1.54% |
LATIN |
LATIN GOLD Target Price Odds to finish below 0.0701
The tendency of LATIN 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 stay under 0.07 after 90 days |
| 0.06 | 90 days | 0.07 | about 6.81 |
Based on a normal probability distribution, the odds of LATIN GOLD to stay under 0.07 after 90 days from now is about 6.81 (This LATIN GOLD FPO probability density function shows the probability of LATIN Stock to fall within a particular range of prices over 90 days) . Probability of LATIN GOLD FPO price to stay between its current price of 0.06 and 0.07 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon LATIN GOLD has a beta of 0.0807. This indicates as returns on the market go up, LATIN GOLD average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LATIN GOLD FPO will be expected to be much smaller as well. Additionally LATIN GOLD FPO 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. LATIN GOLD Price Density |
| Price |
Predictive Modules for LATIN 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 LATIN GOLD FPO. 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.LATIN GOLD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LATIN GOLD is not an exception. The market had few large corrections towards the LATIN 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 LATIN GOLD FPO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LATIN GOLD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.06 |
LATIN 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 LATIN GOLD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LATIN GOLD FPO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LATIN GOLD FPO generated a negative expected return over the last 90 days | |
| LATIN GOLD FPO has high historical volatility and very poor performance | |
| LATIN GOLD FPO has some characteristics of a very speculative penny stock |
LATIN GOLD Technical Analysis
LATIN GOLD's future price can be derived by breaking down and analyzing its technical indicators over time. LATIN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LATIN GOLD FPO. In general, you should focus on analyzing LATIN Stock price patterns and their correlations with different microeconomic environments and drivers.
LATIN GOLD Predictive Forecast Models
LATIN GOLD's time-series forecasting models is one of many LATIN 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 LATIN 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 LATIN GOLD FPO
Checking the ongoing alerts about LATIN GOLD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LATIN GOLD FPO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LATIN GOLD FPO generated a negative expected return over the last 90 days | |
| LATIN GOLD FPO has high historical volatility and very poor performance | |
| LATIN GOLD FPO has some characteristics of a very speculative penny stock |
Additional Tools for LATIN Stock Analysis
When running LATIN GOLD's price analysis, check to measure LATIN 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 LATIN GOLD is operating at the current time. Most of LATIN GOLD's value examination focuses on studying past and present price action to predict the probability of LATIN 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 LATIN GOLD's price. Additionally, you may evaluate how the addition of LATIN GOLD to your portfolios can decrease your overall portfolio volatility.