Joshua Gold Resources Stock Probability of Future Pink Sheet Price Finishing Over 0.01
| JSHG Stock | USD 0.01 0.00 0.00% |
Joshua |
Joshua Gold Target Price Odds to finish over 0.01
The tendency of Joshua Pink Sheet 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 |
| 0.01 | 90 days | 0.01 | about 64.76 |
Based on a normal probability distribution, the odds of Joshua Gold to move above the current price in 90 days from now is about 64.76 (This Joshua Gold Resources probability density function shows the probability of Joshua Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.78 . This 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, Joshua Gold will likely underperform. Additionally Joshua Gold Resources has an alpha of 0.4435, implying that it can generate a 0.44 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Joshua Gold Price Density |
| Price |
Predictive Modules for Joshua 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 Joshua Gold Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Joshua 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.
Joshua Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Joshua Gold is not an exception. The market had few large corrections towards the Joshua 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 Joshua Gold Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Joshua Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.44 | |
β | Beta against NYSE Composite | 2.78 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.05 |
Joshua 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 Joshua Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Joshua Gold Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Joshua Gold had very high historical volatility over the last 90 days | |
| Joshua Gold has some characteristics of a very speculative penny stock | |
| Joshua Gold has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 130.84 K in liabilities with Debt to Equity (D/E) ratio of 0.91, which is about average as compared to similar companies. Joshua Gold Resources has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Joshua Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Joshua 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 Joshua Gold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joshua to invest in growth at high rates of return. When we think about Joshua Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Joshua Gold Resources currently holds about 3.08 K in cash with (65.4 K) of positive cash flow from operations. | |
| Roughly 20.0% of Joshua Gold shares are held by company insiders |
Joshua 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 Joshua Pink Sheet often depends not only on the future outlook of the current and potential Joshua 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. Joshua Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.6 M |
Joshua Gold Technical Analysis
Joshua Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Joshua Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Joshua Gold Resources. In general, you should focus on analyzing Joshua Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Joshua Gold Predictive Forecast Models
Joshua Gold's time-series forecasting models is one of many Joshua Gold's pink sheet 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 Joshua 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Joshua Gold Resources
Checking the ongoing alerts about Joshua Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Joshua Gold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Joshua Gold had very high historical volatility over the last 90 days | |
| Joshua Gold has some characteristics of a very speculative penny stock | |
| Joshua Gold has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 130.84 K in liabilities with Debt to Equity (D/E) ratio of 0.91, which is about average as compared to similar companies. Joshua Gold Resources has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Joshua Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Joshua 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 Joshua Gold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joshua to invest in growth at high rates of return. When we think about Joshua Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Joshua Gold Resources currently holds about 3.08 K in cash with (65.4 K) of positive cash flow from operations. | |
| Roughly 20.0% of Joshua Gold shares are held by company insiders |
Check out Joshua Gold Backtesting, Joshua Gold Valuation, Joshua Gold Correlation, Joshua Gold Hype Analysis, Joshua Gold Volatility, Joshua Gold History as well as Joshua Gold Performance. Note that the Joshua Gold Resources information on this page should be used as a complementary analysis to other Joshua 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Joshua Pink Sheet analysis
When running Joshua Gold's price analysis, check to measure Joshua 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 Joshua Gold is operating at the current time. Most of Joshua Gold's value examination focuses on studying past and present price action to predict the probability of Joshua 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 Joshua Gold's price. Additionally, you may evaluate how the addition of Joshua Gold to your portfolios can decrease your overall portfolio volatility.
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