Gold Fields Stock Forecast - Daily Balance Of Power
| GFI Stock | USD 16.66 0.99 5.61% |
Gold Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gold Fields stock prices and determine the direction of Gold Fields Ltd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gold Fields' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Gold Fields' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Gold Fields' systematic risk associated with finding meaningful patterns of Gold Fields fundamentals over time.
Check out Historical Fundamental Analysis of Gold Fields to cross-verify your projections. Gold |
Open Interest Against 2024-05-17 Gold Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Gold Fields' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Gold Fields' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Gold Fields stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Gold Fields' open interest, investors have to compare it to Gold Fields' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Gold Fields is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Gold. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Gold Fields cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Gold Fields' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Gold Fields' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Gold Fields Ltd market sensitivity to bulls and bears. It estimates the ability of Gold Fields buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Gold Fields Balance of Power indicator one can determine a trend of the price direction.| Check Gold Fields Volatility | Backtest Gold Fields | Information Ratio |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Gold Fields to competition |
Other Forecasting Options for Gold Fields
For every potential investor in Gold, whether a beginner or expert, Gold Fields' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gold Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gold. Basic forecasting techniques help filter out the noise by identifying Gold Fields' price trends.Gold Fields Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Gold Fields stock to make a market-neutral strategy. Peer analysis of Gold Fields could also be used in its relative valuation, which is a method of valuing Gold Fields by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gold Fields Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Gold Fields' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Gold Fields' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gold Fields Market Strength Events
Market strength indicators help investors to evaluate how Gold Fields stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Fields shares will generate the highest return on investment. By undertsting and applying Gold Fields stock market strength indicators, traders can identify Gold Fields Ltd entry and exit signals to maximize returns.
| Accumulation Distribution | 130477.0 | |||
| Daily Balance Of Power | (2.15) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 16.74 | |||
| Day Typical Price | 16.71 | |||
| Price Action Indicator | (0.57) | |||
| Period Momentum Indicator | (0.99) |
Gold Fields Risk Indicators
The analysis of Gold Fields' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Gold Fields' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gold stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.21 | |||
| Semi Deviation | 2.44 | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.57 | |||
| Downside Variance | 9.68 | |||
| Semi Variance | 5.97 | |||
| Expected Short fall | (2.34) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Gold Fields to cross-verify your projections. Note that the Gold Fields information on this page should be used as a complementary analysis to other Gold Fields' 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Gold Stock analysis
When running Gold Fields' price analysis, check to measure Gold Fields' 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 Gold Fields is operating at the current time. Most of Gold Fields' value examination focuses on studying past and present price action to predict the probability of Gold Fields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Fields' price. Additionally, you may evaluate how the addition of Gold Fields to your portfolios can decrease your overall portfolio volatility.
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Is Gold Fields' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Fields. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Fields listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 0.407 | Earnings Share 0.79 | Revenue Per Share 2.519 | Quarterly Revenue Growth 0.014 |
The market value of Gold Fields is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Fields' value that differs from its market value or its book value, called intrinsic value, which is Gold Fields' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Fields' market value can be influenced by many factors that don't directly affect Gold Fields' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Fields' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Fields is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Fields' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.