K2 Gold Stock Odds of Future Stock Price Finishing Over 0.12
| KTO Stock | CAD 0.12 0.02 20.00% |
KTO |
K2 Gold Target Price Odds to finish over 0.12
The tendency of KTO 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 |
| 0.12 | 90 days | 0.12 | near 1 |
Based on a normal probability distribution, the odds of K2 Gold to move above the current price in 90 days from now is near 1 (This K2 Gold probability density function shows the probability of KTO Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon K2 Gold has a beta of 0.64. This indicates as returns on the market go up, K2 Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding K2 Gold will be expected to be much smaller as well. Additionally K2 Gold has an alpha of 0.4305, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). K2 Gold Price Density |
| Price |
Predictive Modules for K2 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 K2 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 K2 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.
K2 Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. K2 Gold is not an exception. The market had few large corrections towards the K2 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 K2 Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of K2 Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
K2 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 K2 Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for K2 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.| K2 Gold is way too risky over 90 days horizon | |
| K2 Gold has some characteristics of a very speculative penny stock | |
| K2 Gold appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.08 M) with loss before overhead, payroll, taxes, and interest of (5.03 K). | |
| K2 Gold has accumulated about 485.99 K in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
K2 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 KTO Stock often depends not only on the future outlook of the current and potential K2 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. K2 Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.9 M | |
| Cash And Short Term Investments | 195.2 K |
K2 Gold Technical Analysis
K2 Gold's future price can be derived by breaking down and analyzing its technical indicators over time. KTO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of K2 Gold. In general, you should focus on analyzing KTO Stock price patterns and their correlations with different microeconomic environments and drivers.
K2 Gold Predictive Forecast Models
K2 Gold's time-series forecasting models is one of many K2 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 K2 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 K2 Gold
Checking the ongoing alerts about K2 Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for K2 Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| K2 Gold is way too risky over 90 days horizon | |
| K2 Gold has some characteristics of a very speculative penny stock | |
| K2 Gold appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.08 M) with loss before overhead, payroll, taxes, and interest of (5.03 K). | |
| K2 Gold has accumulated about 485.99 K in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Additional Tools for KTO Stock Analysis
When running K2 Gold's price analysis, check to measure K2 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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 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 K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.