Visible Gold Mines Stock Probability of Future Stock Price Finishing Over 0.1
| VGD Stock | CAD 0.08 0.01 11.11% |
Visible |
Visible Gold Target Price Odds to finish over 0.1
The tendency of Visible 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 over C$ 0.10 or more in 90 days |
| 0.08 | 90 days | 0.10 | near 1 |
Based on a normal probability distribution, the odds of Visible Gold to move over C$ 0.10 or more in 90 days from now is near 1 (This Visible Gold Mines probability density function shows the probability of Visible Stock to fall within a particular range of prices over 90 days) . Probability of Visible Gold Mines price to stay between its current price of C$ 0.08 and C$ 0.10 at the end of the 90-day period is about 55.69 .
Assuming the 90 days horizon Visible Gold Mines has a beta of -0.68. This entails as returns on the benchmark increase, returns on holding Visible Gold are expected to decrease at a much lower rate. During a bear market, however, Visible Gold Mines is likely to outperform the market. Additionally Visible Gold Mines has an alpha of 0.2776, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Visible Gold Price Density |
| Price |
Predictive Modules for Visible 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 Visible Gold Mines. 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.Visible Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Visible Gold is not an exception. The market had few large corrections towards the Visible 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 Visible Gold Mines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Visible Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Visible 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 Visible Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Visible Gold Mines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Visible Gold Mines had very high historical volatility over the last 90 days | |
| Visible Gold Mines has some characteristics of a very speculative penny stock | |
| Visible Gold Mines has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (702.03 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Visible Gold Mines has accumulated about 303.26 K in cash with (125.34 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders |
Visible 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 Visible Stock often depends not only on the future outlook of the current and potential Visible 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. Visible Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.2 M |
Visible Gold Technical Analysis
Visible Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Visible Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Visible Gold Mines. In general, you should focus on analyzing Visible Stock price patterns and their correlations with different microeconomic environments and drivers.
Visible Gold Predictive Forecast Models
Visible Gold's time-series forecasting models is one of many Visible 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 Visible 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 Visible Gold Mines
Checking the ongoing alerts about Visible Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Visible Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Visible Gold Mines had very high historical volatility over the last 90 days | |
| Visible Gold Mines has some characteristics of a very speculative penny stock | |
| Visible Gold Mines has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (702.03 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Visible Gold Mines has accumulated about 303.26 K in cash with (125.34 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders |
Additional Tools for Visible Stock Analysis
When running Visible Gold's price analysis, check to measure Visible 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 Visible Gold is operating at the current time. Most of Visible Gold's value examination focuses on studying past and present price action to predict the probability of Visible 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 Visible Gold's price. Additionally, you may evaluate how the addition of Visible Gold to your portfolios can decrease your overall portfolio volatility.