GoldMining Stock Forecast - Market Facilitation Index
| GLDG Stock | USD 0.89 0.01 1.11% |
GoldMining Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GoldMining stock prices and determine the direction of GoldMining's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GoldMining's historical fundamentals, such as revenue growth or operating cash flow patterns. Although GoldMining's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of GoldMining's systematic risk associated with finding meaningful patterns of GoldMining fundamentals over time.
Check out Historical Fundamental Analysis of GoldMining to cross-verify your projections. GoldMining |
Most investors in GoldMining 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 GoldMining's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets GoldMining's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check GoldMining Volatility | Backtest GoldMining | Information Ratio |
GoldMining Trading Date Momentum
| On June 02 2024 GoldMining was traded for 0.89 at the closing time. The top price for the day was 0.91 and the lowest listed price was 0.89 . There was no trading activity during the period 0.0. Lack of trading volume on June 2, 2024 did not cause price change. The overall trading delta against the current closing price is 1.12% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for GoldMining
For every potential investor in GoldMining, whether a beginner or expert, GoldMining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GoldMining Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GoldMining. Basic forecasting techniques help filter out the noise by identifying GoldMining's price trends.GoldMining 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 GoldMining stock to make a market-neutral strategy. Peer analysis of GoldMining could also be used in its relative valuation, which is a method of valuing GoldMining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GoldMining 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 GoldMining'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 GoldMining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
GoldMining Market Strength Events
Market strength indicators help investors to evaluate how GoldMining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoldMining shares will generate the highest return on investment. By undertsting and applying GoldMining stock market strength indicators, traders can identify GoldMining entry and exit signals to maximize returns.
GoldMining Risk Indicators
The analysis of GoldMining'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 GoldMining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goldmining 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 | 2.05 | |||
| Semi Deviation | 2.19 | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.83 | |||
| Downside Variance | 7.42 | |||
| Semi Variance | 4.79 | |||
| Expected Short fall | (2.63) |
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.
Currently Active Assets on Macroaxis
When determining whether GoldMining is a strong investment it is important to analyze GoldMining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GoldMining's future performance. For an informed investment choice regarding GoldMining Stock, refer to the following important reports:Check out Historical Fundamental Analysis of GoldMining to cross-verify your projections. For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.Note that the GoldMining information on this page should be used as a complementary analysis to other GoldMining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for GoldMining Stock analysis
When running GoldMining's price analysis, check to measure GoldMining'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 GoldMining is operating at the current time. Most of GoldMining's value examination focuses on studying past and present price action to predict the probability of GoldMining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldMining's price. Additionally, you may evaluate how the addition of GoldMining to your portfolios can decrease your overall portfolio volatility.
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Is GoldMining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoldMining. If investors know GoldMining will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Return On Assets (0.11) | Return On Equity (0.21) |
The market value of GoldMining is measured differently than its book value, which is the value of GoldMining that is recorded on the company's balance sheet. Investors also form their own opinion of GoldMining's value that differs from its market value or its book value, called intrinsic value, which is GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoldMining's market value can be influenced by many factors that don't directly affect GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.