Austin Gold Corp Stock Probability of Future Stock Price Finishing Under 0.03
| AUST Stock | USD 2.05 0.02 0.97% |
Austin |
Austin Gold Target Price Odds to finish below 0.03
The tendency of Austin 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 drop to $ 0.03 or more in 90 days |
| 2.05 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of Austin Gold to drop to $ 0.03 or more in 90 days from now is near 1 (This Austin Gold Corp probability density function shows the probability of Austin Stock to fall within a particular range of prices over 90 days) . Probability of Austin Gold Corp price to stay between $ 0.03 and its current price of $2.05 at the end of the 90-day period is about 71.31 .
Given the investment horizon of 90 days Austin Gold Corp has a beta of -0.65. This suggests as returns on the benchmark increase, returns on holding Austin Gold are expected to decrease at a much lower rate. During a bear market, however, Austin Gold Corp is likely to outperform the market. Moreover Austin Gold Corp has an alpha of 1.5003, implying that it can generate a 1.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Austin Gold Price Density |
| Price |
Predictive Modules for Austin 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 Austin Gold Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Austin Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Austin Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Austin Gold is not an exception. The market had few large corrections towards the Austin 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 Austin Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Austin Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.50 | |
β | Beta against Dow Jones | -0.65 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | 0.14 |
Austin 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 Austin Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Austin 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.| Austin Gold Corp is way too risky over 90 days horizon | |
| Austin Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Austin Gold Corp currently holds about 18.03 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Austin Gold Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 50.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Financial Comparison Eldorado Gold vs. Austin Gold |
Austin 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 Austin Stock often depends not only on the future outlook of the current and potential Austin 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. Austin Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.3 M | |
| Cash And Short Term Investments | 9.5 M |
Austin Gold Technical Analysis
Austin Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Austin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Austin Gold Corp. In general, you should focus on analyzing Austin Stock price patterns and their correlations with different microeconomic environments and drivers.
Austin Gold Predictive Forecast Models
Austin Gold's time-series forecasting models is one of many Austin 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 Austin 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 Austin Gold Corp
Checking the ongoing alerts about Austin Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Austin Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Austin Gold Corp is way too risky over 90 days horizon | |
| Austin Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Austin Gold Corp currently holds about 18.03 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Austin Gold Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 50.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Financial Comparison Eldorado Gold vs. Austin Gold |
Additional Tools for Austin Stock Analysis
When running Austin Gold's price analysis, check to measure Austin 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 Austin Gold is operating at the current time. Most of Austin Gold's value examination focuses on studying past and present price action to predict the probability of Austin 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 Austin Gold's price. Additionally, you may evaluate how the addition of Austin Gold to your portfolios can decrease your overall portfolio volatility.