SITKA GOLD (Germany) Probability of Future Stock Price Finishing Over 20.40
| 1RF Stock | EUR 0.23 0.02 8.00% |
SITKA |
SITKA GOLD Target Price Odds to finish over 20.40
The tendency of SITKA 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 € 20.40 or more in 90 days |
| 0.23 | 90 days | 20.40 | close to zero percent |
Based on a normal probability distribution, the odds of SITKA GOLD to move over € 20.40 or more in 90 days from now is close to zero percent (This SITKA GOLD P probability density function shows the probability of SITKA Stock to fall within a particular range of prices over 90 days) . Probability of SITKA GOLD P price to stay between its current price of € 0.23 and € 20.40 at the end of the 90-day period is about 58.05 .
Assuming the 90 days horizon SITKA GOLD P has a beta of -0.0768. This suggests as returns on the benchmark increase, returns on holding SITKA GOLD are expected to decrease at a much lower rate. During a bear market, however, SITKA GOLD P is likely to outperform the market. Moreover SITKA GOLD P has an alpha of 1.1284, implying that it can generate a 1.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SITKA GOLD Price Density |
| Price |
Predictive Modules for SITKA 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 SITKA GOLD P. 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.SITKA GOLD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SITKA GOLD is not an exception. The market had few large corrections towards the SITKA 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 SITKA GOLD P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SITKA GOLD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.13 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.13 |
SITKA 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 SITKA GOLD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SITKA GOLD P can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SITKA GOLD P is way too risky over 90 days horizon | |
| SITKA GOLD P has some characteristics of a very speculative penny stock | |
| SITKA GOLD P appears to be risky and price may revert if volatility continues | |
| SITKA GOLD P has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SITKA GOLD P has accumulated about 5.17 M in cash with (1.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
SITKA GOLD Technical Analysis
SITKA GOLD's future price can be derived by breaking down and analyzing its technical indicators over time. SITKA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SITKA GOLD P. In general, you should focus on analyzing SITKA Stock price patterns and their correlations with different microeconomic environments and drivers.
SITKA GOLD Predictive Forecast Models
SITKA GOLD's time-series forecasting models is one of many SITKA 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 SITKA 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 SITKA GOLD P
Checking the ongoing alerts about SITKA GOLD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SITKA GOLD P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SITKA GOLD P is way too risky over 90 days horizon | |
| SITKA GOLD P has some characteristics of a very speculative penny stock | |
| SITKA GOLD P appears to be risky and price may revert if volatility continues | |
| SITKA GOLD P has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SITKA GOLD P has accumulated about 5.17 M in cash with (1.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
Other Information on Investing in SITKA Stock
SITKA GOLD financial ratios help investors to determine whether SITKA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SITKA with respect to the benefits of owning SITKA GOLD security.