Barrick Gold Stock Forecast - Day Median Price
| ABX Stock | CAD 23.25 0.07 0.30% |
Barrick Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Barrick Gold stock prices and determine the direction of Barrick Gold Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Barrick Gold's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Barrick Gold's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Barrick Gold's systematic risk associated with finding meaningful patterns of Barrick Gold fundamentals over time.
Check out Historical Fundamental Analysis of Barrick Gold to cross-verify your projections. Barrick |
Most investors in Barrick Gold cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Barrick Gold's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Barrick Gold's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 23.34 | 23.34 |
| Check Barrick Gold Volatility | Backtest Barrick Gold | Information Ratio |
Barrick Gold Trading Date Momentum
| On June 03 2024 Barrick Gold Corp was traded for 23.25 at the closing time. The maximum traded price for the trading interval was 23.53 and the lowest daily price was 23.15 . There was no trading activity during the period 0.0. Lack of trading volume on 3rd of June 2024 did not affect price variability. The overall trading delta to the closing price today is 0.26% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Barrick Gold
For every potential investor in Barrick, whether a beginner or expert, Barrick Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Barrick Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Barrick. Basic forecasting techniques help filter out the noise by identifying Barrick Gold's price trends.Barrick Gold Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Barrick Gold stock to make a market-neutral strategy. Peer analysis of Barrick Gold could also be used in its relative valuation, which is a method of valuing Barrick Gold by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Barrick Gold Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Barrick Gold's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Barrick Gold's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Barrick Gold Market Strength Events
Market strength indicators help investors to evaluate how Barrick Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Barrick Gold shares will generate the highest return on investment. By undertsting and applying Barrick Gold stock market strength indicators, traders can identify Barrick Gold Corp entry and exit signals to maximize returns.
Barrick Gold Risk Indicators
The analysis of Barrick Gold's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Barrick Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting barrick stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.32 | |||
| Semi Deviation | 1.68 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.05 | |||
| Downside Variance | 3.91 | |||
| Semi Variance | 2.83 | |||
| Expected Short fall | (1.36) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Barrick Gold to cross-verify your projections. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Barrick Stock analysis
When running Barrick Gold's price analysis, check to measure Barrick 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 Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick 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 Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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