Golden Minerals Stock Probability of Future Stock Price Finishing Under 0.42
| AUMN Stock | CAD 0.31 0.03 8.82% |
Golden |
Golden Minerals Target Price Odds to finish below 0.42
The tendency of Golden 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 stay under C$ 0.42 after 90 days |
| 0.31 | 90 days | 0.42 | about 62.93 |
Based on a normal probability distribution, the odds of Golden Minerals to stay under C$ 0.42 after 90 days from now is about 62.93 (This Golden Minerals probability density function shows the probability of Golden Stock to fall within a particular range of prices over 90 days) . Probability of Golden Minerals price to stay between its current price of C$ 0.31 and C$ 0.42 at the end of the 90-day period is about 56.31 .
Assuming the 90 days trading horizon Golden Minerals has a beta of 0.7. This suggests as returns on the market go up, Golden Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Golden Minerals will be expected to be much smaller as well. Additionally Golden Minerals has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Golden Minerals Price Density |
| Price |
Predictive Modules for Golden Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Minerals. 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.Golden Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Golden Minerals is not an exception. The market had few large corrections towards the Golden Minerals' 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 Golden Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Golden Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.03 |
Golden Minerals 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 Golden Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Golden Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Golden Minerals generated a negative expected return over the last 90 days | |
| Golden Minerals has high historical volatility and very poor performance | |
| Golden Minerals has some characteristics of a very speculative penny stock | |
| Golden Minerals has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 12 M. Net Loss for the year was (9.23 M) with profit before overhead, payroll, taxes, and interest of 11.94 M. | |
| Golden Minerals has accumulated about 2.01 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Golden Minerals 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 Golden Stock often depends not only on the future outlook of the current and potential Golden Minerals' 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. Golden Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.5 M | |
| Cash And Short Term Investments | 3.6 M |
Golden Minerals Technical Analysis
Golden Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Golden Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Golden Minerals. In general, you should focus on analyzing Golden Stock price patterns and their correlations with different microeconomic environments and drivers.
Golden Minerals Predictive Forecast Models
Golden Minerals' time-series forecasting models is one of many Golden Minerals' 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 Golden Minerals' 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 Golden Minerals
Checking the ongoing alerts about Golden Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Golden Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Golden Minerals generated a negative expected return over the last 90 days | |
| Golden Minerals has high historical volatility and very poor performance | |
| Golden Minerals has some characteristics of a very speculative penny stock | |
| Golden Minerals has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 12 M. Net Loss for the year was (9.23 M) with profit before overhead, payroll, taxes, and interest of 11.94 M. | |
| Golden Minerals has accumulated about 2.01 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Check out Golden Minerals Backtesting, Golden Minerals Valuation, Golden Minerals Correlation, Golden Minerals Hype Analysis, Golden Minerals Volatility, Golden Minerals History as well as Golden Minerals Performance. To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.