GOLDGROUP MINING (Germany) Probability of Future Stock Price Finishing Over 0.0201
| 55G0 Stock | 0.02 0.0005 2.50% |
GOLDGROUP |
GOLDGROUP MINING Target Price Odds to finish over 0.0201
The tendency of GOLDGROUP 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 above 0.02 in 90 days |
| 0.02 | 90 days | 0.02 | about 39.16 |
Based on a normal probability distribution, the odds of GOLDGROUP MINING to stay above 0.02 in 90 days from now is about 39.16 (This GOLDGROUP MINING INC probability density function shows the probability of GOLDGROUP Stock to fall within a particular range of prices over 90 days) . Probability of GOLDGROUP MINING INC price to stay between 0.02 and its current price of 0.0205 at the end of the 90-day period is nearly 4.15 .
Assuming the 90 days trading horizon GOLDGROUP MINING has the beta coefficient that is very close to zero. This suggests the returns on NYSE COMPOSITE and GOLDGROUP MINING do not appear to be reactive. Additionally It does not look like GOLDGROUP MINING's alpha can have any bearing on the current valuation. GOLDGROUP MINING Price Density |
| Price |
Predictive Modules for GOLDGROUP MINING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GOLDGROUP MINING INC. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GOLDGROUP MINING's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GOLDGROUP MINING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GOLDGROUP MINING is not an exception. The market had few large corrections towards the GOLDGROUP MINING'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 GOLDGROUP MINING INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GOLDGROUP MINING within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.00 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.11 |
GOLDGROUP MINING 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 GOLDGROUP MINING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GOLDGROUP MINING INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GOLDGROUP MINING INC is way too risky over 90 days horizon | |
| GOLDGROUP MINING INC has some characteristics of a very speculative penny stock | |
| GOLDGROUP MINING INC appears to be risky and price may revert if volatility continues |
GOLDGROUP MINING Technical Analysis
GOLDGROUP MINING's future price can be derived by breaking down and analyzing its technical indicators over time. GOLDGROUP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GOLDGROUP MINING INC. In general, you should focus on analyzing GOLDGROUP Stock price patterns and their correlations with different microeconomic environments and drivers.
GOLDGROUP MINING Predictive Forecast Models
GOLDGROUP MINING's time-series forecasting models is one of many GOLDGROUP MINING'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 GOLDGROUP MINING'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 GOLDGROUP MINING INC
Checking the ongoing alerts about GOLDGROUP MINING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GOLDGROUP MINING INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GOLDGROUP MINING INC is way too risky over 90 days horizon | |
| GOLDGROUP MINING INC has some characteristics of a very speculative penny stock | |
| GOLDGROUP MINING INC appears to be risky and price may revert if volatility continues |
Other Information on Investing in GOLDGROUP Stock
GOLDGROUP MINING financial ratios help investors to determine whether GOLDGROUP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GOLDGROUP with respect to the benefits of owning GOLDGROUP MINING security.