Independence Gold Stock Forecast - Price Action Indicator

IGO Stock  CAD 0.22  0.01  4.76%   
Independence Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to drop to 0.38 in 2024. Common Stock Shares Outstanding is likely to climb to about 145.6 M in 2024, whereas Net Loss is likely to drop (2.2 M) in 2024.
Independence Gold Corp has current Price Action Indicator of 0.01. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Independence Gold VolatilityBacktest Independence GoldInformation Ratio  

Independence Gold Trading Date Momentum

On November 24 2024 Independence Gold Corp was traded for  0.22  at the closing time. The highest daily price throughout the period was 0.22  and the lowest price was  0.21 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Independence Gold to competition

Other Forecasting Options for Independence Gold

For every potential investor in Independence, whether a beginner or expert, Independence Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Independence Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Independence. Basic forecasting techniques help filter out the noise by identifying Independence Gold's price trends.

Independence Gold 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 Independence Gold stock to make a market-neutral strategy. Peer analysis of Independence Gold could also be used in its relative valuation, which is a method of valuing Independence Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Independence Gold Corp 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 Independence Gold's 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 Independence Gold's current price.

Independence Gold Market Strength Events

Market strength indicators help investors to evaluate how Independence Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Independence Gold shares will generate the highest return on investment. By undertsting and applying Independence Gold stock market strength indicators, traders can identify Independence Gold Corp entry and exit signals to maximize returns.

Independence Gold Risk Indicators

The analysis of Independence Gold's 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 Independence Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting independence 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Independence Stock Analysis

When running Independence Gold's price analysis, check to measure Independence 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 Independence Gold is operating at the current time. Most of Independence Gold's value examination focuses on studying past and present price action to predict the probability of Independence 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 Independence Gold's price. Additionally, you may evaluate how the addition of Independence Gold to your portfolios can decrease your overall portfolio volatility.