Eminent Gold Corp Stock Probability of Future OTC Stock Price Finishing Over 0.22
| EMGDF Stock | USD 0.22 0.01 4.35% |
Eminent |
Eminent Gold Target Price Odds to finish over 0.22
The tendency of Eminent OTC 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 move above the current price in 90 days |
| 0.22 | 90 days | 0.22 | about 13.59 |
Based on a normal probability distribution, the odds of Eminent Gold to move above the current price in 90 days from now is about 13.59 (This Eminent Gold Corp probability density function shows the probability of Eminent OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Eminent Gold has a beta of 0.86 suggesting Eminent Gold Corp market returns are reactive to returns on the market. As the market goes up or down, Eminent Gold is expected to follow. Additionally Eminent Gold Corp has an alpha of 0.6487, implying that it can generate a 0.65 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Eminent Gold Price Density |
| Price |
Predictive Modules for Eminent 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 Eminent Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Eminent 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.
Eminent Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eminent Gold is not an exception. The market had few large corrections towards the Eminent 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 Eminent Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eminent Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.65 | |
β | Beta against NYSE Composite | 0.86 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.09 |
Eminent 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 Eminent Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eminent Gold Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eminent Gold Corp is way too risky over 90 days horizon | |
| Eminent Gold Corp has some characteristics of a very speculative penny stock | |
| Eminent Gold Corp appears to be risky and price may revert if volatility continues | |
| Eminent Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.21 M) with loss before overhead, payroll, taxes, and interest of (270.79 K). | |
| Eminent Gold Corp has accumulated about 85.68 K in cash with (1.36 M) of positive cash flow from operations. |
Eminent 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 Eminent OTC Stock often depends not only on the future outlook of the current and potential Eminent 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. Eminent Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 41 M |
Eminent Gold Technical Analysis
Eminent Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Eminent OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eminent Gold Corp. In general, you should focus on analyzing Eminent OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Eminent Gold Predictive Forecast Models
Eminent Gold's time-series forecasting models is one of many Eminent Gold's otc 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 Eminent 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 otc stock market movement and maximize returns from investment trading.
Things to note about Eminent Gold Corp
Checking the ongoing alerts about Eminent Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eminent Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eminent Gold Corp is way too risky over 90 days horizon | |
| Eminent Gold Corp has some characteristics of a very speculative penny stock | |
| Eminent Gold Corp appears to be risky and price may revert if volatility continues | |
| Eminent Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.21 M) with loss before overhead, payroll, taxes, and interest of (270.79 K). | |
| Eminent Gold Corp has accumulated about 85.68 K in cash with (1.36 M) of positive cash flow from operations. |
Check out Eminent Gold Backtesting, Eminent Gold Valuation, Eminent Gold Correlation, Eminent Gold Hype Analysis, Eminent Gold Volatility, Eminent Gold History as well as Eminent Gold Performance. Note that the Eminent Gold Corp information on this page should be used as a complementary analysis to other Eminent 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Eminent OTC Stock analysis
When running Eminent Gold's price analysis, check to measure Eminent 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 Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent 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 Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |