Aya Gold Silver Stock Odds of Future Stock Price Finishing Under 17.11
| AYA Stock | CAD 13.29 0.19 1.45% |
Aya |
Aya Gold Target Price Odds to finish below 17.11
The tendency of Aya 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$ 17.11 after 90 days |
| 13.29 | 90 days | 17.11 | about 65.99 |
Based on a normal probability distribution, the odds of Aya Gold to stay under C$ 17.11 after 90 days from now is about 65.99 (This Aya Gold Silver probability density function shows the probability of Aya Stock to fall within a particular range of prices over 90 days) . Probability of Aya Gold Silver price to stay between its current price of C$ 13.29 and C$ 17.11 at the end of the 90-day period is about 58.46 .
Assuming the 90 days trading horizon Aya Gold Silver has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Aya Gold are expected to decrease at a much lower rate. During a bear market, however, Aya Gold Silver is likely to outperform the market. Additionally Aya Gold Silver 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. Aya Gold Price Density |
| Price |
Predictive Modules for Aya 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 Aya Gold Silver. 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.Aya Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aya Gold is not an exception. The market had few large corrections towards the Aya 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 Aya Gold Silver, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aya Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 2.07 | |
Ir | Information ratio | -0.07 |
Aya 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 Aya Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aya Gold Silver can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aya Gold Silver generated a negative expected return over the last 90 days | |
| Aya Gold Silver has high historical volatility and very poor performance | |
| Aya Gold Silver is unlikely to experience financial distress in the next 2 years | |
| Aya Gold Silver has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Aya Gold Silver has accumulated 58.79 M in total debt with debt to equity ratio (D/E) of 107.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Aya Gold Silver has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Aya Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Aya 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 Aya Gold Silver sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aya to invest in growth at high rates of return. When we think about Aya Gold's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Aya Gold Silver shares get Outperformer rating on potential - Investing.com |
Aya 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 Aya Stock often depends not only on the future outlook of the current and potential Aya 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. Aya Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123.2 M | |
| Cash And Short Term Investments | 49.8 M |
Aya Gold Technical Analysis
Aya Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Aya Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aya Gold Silver. In general, you should focus on analyzing Aya Stock price patterns and their correlations with different microeconomic environments and drivers.
Aya Gold Predictive Forecast Models
Aya Gold's time-series forecasting models is one of many Aya 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 Aya 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 Aya Gold Silver
Checking the ongoing alerts about Aya Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aya Gold Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aya Gold Silver generated a negative expected return over the last 90 days | |
| Aya Gold Silver has high historical volatility and very poor performance | |
| Aya Gold Silver is unlikely to experience financial distress in the next 2 years | |
| Aya Gold Silver has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Aya Gold Silver has accumulated 58.79 M in total debt with debt to equity ratio (D/E) of 107.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Aya Gold Silver has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Aya Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Aya 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 Aya Gold Silver sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aya to invest in growth at high rates of return. When we think about Aya Gold's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Aya Gold Silver shares get Outperformer rating on potential - Investing.com |
Other Information on Investing in Aya Stock
Aya Gold financial ratios help investors to determine whether Aya 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 Aya with respect to the benefits of owning Aya Gold security.