K2 GOLD (Germany) Odds of Future Stock Price Finishing Over 0.43
| 23K Stock | EUR 0.43 0.02 4.44% |
23K |
K2 GOLD Target Price Odds to finish over 0.43
The tendency of 23K 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 above the current price in 90 days |
| 0.43 | 90 days | 0.43 | about 30.85 |
Based on a normal probability distribution, the odds of K2 GOLD to move above the current price in 90 days from now is about 30.85 (This K2 GOLD P probability density function shows the probability of 23K Stock to fall within a particular range of prices over 90 days) .
K2 GOLD Price Density |
| Price |
Predictive Modules for K2 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 K2 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.K2 GOLD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. K2 GOLD is not an exception. The market had few large corrections towards the K2 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 K2 GOLD P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of K2 GOLD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.16 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | 0.19 |
K2 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 K2 GOLD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for K2 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.| K2 GOLD P is way too risky over 90 days horizon | |
| K2 GOLD P has some characteristics of a very speculative penny stock | |
| K2 GOLD P appears to be risky and price may revert if volatility continues | |
| K2 GOLD P has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| K2 GOLD P has accumulated about 3 M in cash with (849.2 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Latest headline from news.google.com: K2 Gold Is Suddenly Everywhere Hidden Gem Stock or Total Mirage - AD HOC NEWS |
K2 GOLD Technical Analysis
K2 GOLD's future price can be derived by breaking down and analyzing its technical indicators over time. 23K Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of K2 GOLD P. In general, you should focus on analyzing 23K Stock price patterns and their correlations with different microeconomic environments and drivers.
K2 GOLD Predictive Forecast Models
K2 GOLD's time-series forecasting models is one of many K2 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 K2 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 K2 GOLD P
Checking the ongoing alerts about K2 GOLD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for K2 GOLD P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| K2 GOLD P is way too risky over 90 days horizon | |
| K2 GOLD P has some characteristics of a very speculative penny stock | |
| K2 GOLD P appears to be risky and price may revert if volatility continues | |
| K2 GOLD P has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| K2 GOLD P has accumulated about 3 M in cash with (849.2 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Latest headline from news.google.com: K2 Gold Is Suddenly Everywhere Hidden Gem Stock or Total Mirage - AD HOC NEWS |
Other Information on Investing in 23K Stock
K2 GOLD financial ratios help investors to determine whether 23K 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 23K with respect to the benefits of owning K2 GOLD security.