Mas Gold Corp Stock Odds of Future Stock Price Finishing Over 0.04
| MAS Stock | CAD 0.01 0.01 50.00% |
MAS |
MAS Gold Target Price Odds to finish over 0.04
The tendency of MAS 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 over C$ 0.04 or more in 90 days |
| 0.01 | 90 days | 0.04 | near 1 |
Based on a normal probability distribution, the odds of MAS Gold to move over C$ 0.04 or more in 90 days from now is near 1 (This MAS Gold Corp probability density function shows the probability of MAS Stock to fall within a particular range of prices over 90 days) . Probability of MAS Gold Corp price to stay between its current price of C$ 0.01 and C$ 0.04 at the end of the 90-day period is about 71.08 .
Assuming the 90 days horizon MAS Gold Corp has a beta of -20.85. This indicates as returns on its benchmark rise, returns on holding MAS Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, MAS Gold is expected to outperform its benchmark. In addition to that MAS Gold Corp has an alpha of 4.0419, implying that it can generate a 4.04 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). MAS Gold Price Density |
| Price |
Predictive Modules for MAS 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 MAS Gold Corp. 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 MAS 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.
MAS Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAS Gold is not an exception. The market had few large corrections towards the MAS 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 MAS Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAS Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 4.04 | |
β | Beta against NYSE Composite | -20.85 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.08 |
MAS 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 MAS Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAS 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.| MAS Gold Corp is way too risky over 90 days horizon | |
| MAS Gold Corp has some characteristics of a very speculative penny stock | |
| MAS Gold Corp appears to be risky and price may revert if volatility continues | |
| The company has accumulated 150 K in total debt with debt to equity ratio (D/E) of 9.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MAS Gold Corp has a current ratio of 0.46, 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 MAS Gold until it has trouble settling it off, either with new capital or with free cash flow. So, MAS 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 MAS Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MAS to invest in growth at high rates of return. When we think about MAS Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.01 M) with loss before overhead, payroll, taxes, and interest of (2.4 K). | |
| MAS Gold Corp has accumulated about 259.64 K in cash with (1.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 31.0% of MAS Gold outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Mas Gold Corp flat on Tuesday - The Globe and Mail |
MAS 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 MAS Stock often depends not only on the future outlook of the current and potential MAS 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. MAS Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 212.4 M | |
| Cash And Short Term Investments | 837.3 K | |
| Shares Float | 264.6 M |
MAS Gold Technical Analysis
MAS Gold's future price can be derived by breaking down and analyzing its technical indicators over time. MAS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAS Gold Corp. In general, you should focus on analyzing MAS Stock price patterns and their correlations with different microeconomic environments and drivers.
MAS Gold Predictive Forecast Models
MAS Gold's time-series forecasting models is one of many MAS 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 MAS 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 MAS Gold Corp
Checking the ongoing alerts about MAS Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAS Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAS Gold Corp is way too risky over 90 days horizon | |
| MAS Gold Corp has some characteristics of a very speculative penny stock | |
| MAS Gold Corp appears to be risky and price may revert if volatility continues | |
| The company has accumulated 150 K in total debt with debt to equity ratio (D/E) of 9.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MAS Gold Corp has a current ratio of 0.46, 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 MAS Gold until it has trouble settling it off, either with new capital or with free cash flow. So, MAS 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 MAS Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MAS to invest in growth at high rates of return. When we think about MAS Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.01 M) with loss before overhead, payroll, taxes, and interest of (2.4 K). | |
| MAS Gold Corp has accumulated about 259.64 K in cash with (1.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 31.0% of MAS Gold outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Mas Gold Corp flat on Tuesday - The Globe and Mail |
Check out MAS Gold Backtesting, MAS Gold Valuation, MAS Gold Correlation, MAS Gold Hype Analysis, MAS Gold Volatility, MAS Gold History as well as MAS Gold Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for MAS Stock analysis
When running MAS Gold's price analysis, check to measure MAS 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 MAS Gold is operating at the current time. Most of MAS Gold's value examination focuses on studying past and present price action to predict the probability of MAS 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 MAS Gold's price. Additionally, you may evaluate how the addition of MAS Gold to your portfolios can decrease your overall portfolio volatility.
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