China Gold International Stock Probability of Future Stock Price Finishing Under 2.16
| CGG Stock | CAD 8.49 0.14 1.68% |
China |
China Gold Target Price Odds to finish below 2.16
The tendency of China 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 drop to C$ 2.16 or more in 90 days |
| 8.49 | 90 days | 2.16 | near 1 |
Based on a normal probability distribution, the odds of China Gold to drop to C$ 2.16 or more in 90 days from now is near 1 (This China Gold International probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Gold International price to stay between C$ 2.16 and its current price of C$8.49 at the end of the 90-day period is about 86.87 .
Assuming the 90 days trading horizon China Gold has a beta of 0.62 suggesting as returns on the market go up, China Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding China Gold International will be expected to be much smaller as well. Additionally China Gold International has an alpha of 0.6089, implying that it can generate a 0.61 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). China Gold Price Density |
| Price |
Predictive Modules for China 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 China Gold International. 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 China Gold'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.
China Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Gold is not an exception. The market had few large corrections towards the China 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 China Gold International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.61 | |
β | Beta against NYSE Composite | 0.62 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.22 |
China 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 China Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Gold International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 459.43 M. Net Loss for the year was (25.5 M) with profit before overhead, payroll, taxes, and interest of 395.56 M. | |
| About 40.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: The Returns On Capital At China Gold International Resources Dont Inspire Confidence - Simply Wall St |
China 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 China Stock often depends not only on the future outlook of the current and potential China 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. China Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 396.4 M |
China Gold Technical Analysis
China Gold's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Gold International. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Gold Predictive Forecast Models
China Gold's time-series forecasting models is one of many China 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 China 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 China Gold International
Checking the ongoing alerts about China Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Gold International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 459.43 M. Net Loss for the year was (25.5 M) with profit before overhead, payroll, taxes, and interest of 395.56 M. | |
| About 40.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: The Returns On Capital At China Gold International Resources Dont Inspire Confidence - Simply Wall St |
Check out China Gold Backtesting, China Gold Valuation, China Gold Correlation, China Gold Hype Analysis, China Gold Volatility, China Gold History as well as China Gold Performance. Note that the China Gold International information on this page should be used as a complementary analysis to other China Gold'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for China Stock analysis
When running China Gold's price analysis, check to measure China 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 China Gold is operating at the current time. Most of China Gold's value examination focuses on studying past and present price action to predict the probability of China 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 China Gold's price. Additionally, you may evaluate how the addition of China Gold to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |