Augusta Gold Corp Stock Probability of Future OTC Stock Price Finishing Over 0.91
| AUGG Stock | USD 0.91 0.04 4.60% |
Augusta |
Augusta Gold Target Price Odds to finish over 0.91
The tendency of Augusta OTC 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 |
| 0.91 | 90 days | 0.91 | near 1 |
Based on a normal probability distribution, the odds of Augusta Gold to move above the current price in 90 days from now is near 1 (This Augusta Gold Corp probability density function shows the probability of Augusta OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Augusta Gold has a beta of 0.26. This suggests as returns on the market go up, Augusta Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Augusta Gold Corp will be expected to be much smaller as well. Additionally Augusta Gold Corp has an alpha of 0.77, implying that it can generate a 0.77 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Augusta Gold Price Density |
| Price |
Predictive Modules for Augusta 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 Augusta Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Augusta Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Augusta Gold is not an exception. The market had few large corrections towards the Augusta 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 Augusta Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Augusta Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.77 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.13 |
Augusta 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 Augusta Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Augusta Gold Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Augusta Gold Corp is way too risky over 90 days horizon | |
| Augusta Gold Corp has some characteristics of a very speculative penny stock | |
| Augusta Gold Corp appears to be risky and price may revert if volatility continues | |
| Augusta Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Augusta Gold Corp currently holds 20.83 K in liabilities. Augusta Gold Corp has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Augusta Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Augusta 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 Augusta Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Augusta to invest in growth at high rates of return. When we think about Augusta Gold's use of debt, we should always consider it together with cash and equity. | |
| Augusta Gold Corp currently holds about 5.05 M in cash with (11.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 43.0% of the company shares are held by company insiders |
Augusta 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 Augusta OTC Stock often depends not only on the future outlook of the current and potential Augusta 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. Augusta Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 70.5 M |
Augusta Gold Technical Analysis
Augusta Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Augusta OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Augusta Gold Corp. In general, you should focus on analyzing Augusta OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Augusta Gold Predictive Forecast Models
Augusta Gold's time-series forecasting models is one of many Augusta Gold's otc 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 Augusta 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 otc stock market movement and maximize returns from investment trading.
Things to note about Augusta Gold Corp
Checking the ongoing alerts about Augusta Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Augusta Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Augusta Gold Corp is way too risky over 90 days horizon | |
| Augusta Gold Corp has some characteristics of a very speculative penny stock | |
| Augusta Gold Corp appears to be risky and price may revert if volatility continues | |
| Augusta Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Augusta Gold Corp currently holds 20.83 K in liabilities. Augusta Gold Corp has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Augusta Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Augusta 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 Augusta Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Augusta to invest in growth at high rates of return. When we think about Augusta Gold's use of debt, we should always consider it together with cash and equity. | |
| Augusta Gold Corp currently holds about 5.05 M in cash with (11.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 43.0% of the company shares are held by company insiders |
Other Information on Investing in Augusta OTC Stock
Augusta Gold financial ratios help investors to determine whether Augusta OTC 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 Augusta with respect to the benefits of owning Augusta Gold security.