Gowest Gold Stock Probability of Future Stock Price Finishing Under 0.05
| GWA Stock | CAD 0.07 0.01 12.50% |
Gowest |
Gowest Gold Target Price Odds to finish below 0.05
The tendency of Gowest 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$ 0.05 or more in 90 days |
| 0.07 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Gowest Gold to drop to C$ 0.05 or more in 90 days from now is near 1 (This Gowest Gold probability density function shows the probability of Gowest Stock to fall within a particular range of prices over 90 days) . Probability of Gowest Gold price to stay between C$ 0.05 and its current price of C$0.07 at the end of the 90-day period is about 14.16 .
Assuming the 90 days horizon the stock has the beta coefficient of 3.7 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gowest Gold will likely underperform. Additionally Gowest Gold has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Gowest Gold Price Density |
| Price |
Predictive Modules for Gowest 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 Gowest Gold. 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 Gowest 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.
Gowest Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gowest Gold is not an exception. The market had few large corrections towards the Gowest 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 Gowest Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gowest Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.43 | |
β | Beta against NYSE Composite | 3.70 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.02 |
Gowest 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 Gowest Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gowest Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gowest Gold generated a negative expected return over the last 90 days | |
| Gowest Gold has high historical volatility and very poor performance | |
| Gowest Gold has some characteristics of a very speculative penny stock | |
| The company has accumulated 6.41 M in total debt with debt to equity ratio (D/E) of 48.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gowest Gold has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gowest Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Gowest Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gowest Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gowest to invest in growth at high rates of return. When we think about Gowest Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gowest Gold has accumulated about 461.46 K in cash with (13.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 85.0% of Gowest Gold shares are held by company insiders |
Gowest 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 Gowest Stock often depends not only on the future outlook of the current and potential Gowest 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. Gowest Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 436.4 M | |
| Cash And Short Term Investments | 4.2 M |
Gowest Gold Technical Analysis
Gowest Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Gowest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gowest Gold. In general, you should focus on analyzing Gowest Stock price patterns and their correlations with different microeconomic environments and drivers.
Gowest Gold Predictive Forecast Models
Gowest Gold's time-series forecasting models is one of many Gowest 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 Gowest 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 Gowest Gold
Checking the ongoing alerts about Gowest Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gowest Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gowest Gold generated a negative expected return over the last 90 days | |
| Gowest Gold has high historical volatility and very poor performance | |
| Gowest Gold has some characteristics of a very speculative penny stock | |
| The company has accumulated 6.41 M in total debt with debt to equity ratio (D/E) of 48.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gowest Gold has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gowest Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Gowest Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gowest Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gowest to invest in growth at high rates of return. When we think about Gowest Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gowest Gold has accumulated about 461.46 K in cash with (13.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 85.0% of Gowest Gold shares are held by company insiders |
Check out Gowest Gold Backtesting, Gowest Gold Valuation, Gowest Gold Correlation, Gowest Gold Hype Analysis, Gowest Gold Volatility, Gowest Gold History as well as Gowest Gold Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Gowest Stock analysis
When running Gowest Gold's price analysis, check to measure Gowest 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 Gowest Gold is operating at the current time. Most of Gowest Gold's value examination focuses on studying past and present price action to predict the probability of Gowest 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 Gowest Gold's price. Additionally, you may evaluate how the addition of Gowest Gold to your portfolios can decrease your overall portfolio volatility.
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