Blue Star Gold Stock Probability of Future Stock Price Finishing Under 0.0562
| BAU Stock | CAD 0.05 0.01 9.09% |
Blue |
Blue Star Target Price Odds to finish below 0.0562
The tendency of Blue 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$ 0.06 after 90 days |
| 0.05 | 90 days | 0.06 | about 48.69 |
Based on a normal probability distribution, the odds of Blue Star to stay under C$ 0.06 after 90 days from now is about 48.69 (This Blue Star Gold probability density function shows the probability of Blue Stock to fall within a particular range of prices over 90 days) . Probability of Blue Star Gold price to stay between its current price of C$ 0.05 and C$ 0.06 at the end of the 90-day period is about 31.56 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.13 suggesting Blue Star Gold market returns are correlated to returns on the market. As the market goes up or down, Blue Star is expected to follow. Additionally Blue Star Gold 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. Blue Star Price Density |
| Price |
Predictive Modules for Blue Star
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Star Gold. 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.Blue Star Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blue Star is not an exception. The market had few large corrections towards the Blue Star'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 Blue Star Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blue Star within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Blue Star 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 Blue Star for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blue Star Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blue Star Gold generated a negative expected return over the last 90 days | |
| Blue Star Gold has high historical volatility and very poor performance | |
| Blue Star Gold has some characteristics of a very speculative penny stock | |
| Blue Star Gold has high likelihood to experience some financial distress in the next 2 years | |
| Blue Star Gold has accumulated 1.88 M in total debt with debt to equity ratio (D/E) of 58.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Blue Star Gold has a current ratio of 0.64, 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 Blue Star until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Star'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 Blue Star Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Star's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.53 M) with loss before overhead, payroll, taxes, and interest of (2.27 K). | |
| Blue Star Gold has accumulated about 144.89 K in cash with (1.3 M) of positive cash flow from operations. | |
| Roughly 64.0% of Blue Star shares are held by company insiders |
Blue Star 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 Blue Stock often depends not only on the future outlook of the current and potential Blue Star'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. Blue Star's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68.5 M | |
| Cash And Short Term Investments | 3.5 M |
Blue Star Technical Analysis
Blue Star's future price can be derived by breaking down and analyzing its technical indicators over time. Blue Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Star Gold. In general, you should focus on analyzing Blue Stock price patterns and their correlations with different microeconomic environments and drivers.
Blue Star Predictive Forecast Models
Blue Star's time-series forecasting models is one of many Blue Star'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 Blue Star'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 Blue Star Gold
Checking the ongoing alerts about Blue Star for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blue Star Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blue Star Gold generated a negative expected return over the last 90 days | |
| Blue Star Gold has high historical volatility and very poor performance | |
| Blue Star Gold has some characteristics of a very speculative penny stock | |
| Blue Star Gold has high likelihood to experience some financial distress in the next 2 years | |
| Blue Star Gold has accumulated 1.88 M in total debt with debt to equity ratio (D/E) of 58.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Blue Star Gold has a current ratio of 0.64, 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 Blue Star until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Star'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 Blue Star Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Star's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.53 M) with loss before overhead, payroll, taxes, and interest of (2.27 K). | |
| Blue Star Gold has accumulated about 144.89 K in cash with (1.3 M) of positive cash flow from operations. | |
| Roughly 64.0% of Blue Star shares are held by company insiders |
Additional Tools for Blue Stock Analysis
When running Blue Star's price analysis, check to measure Blue Star'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 Blue Star is operating at the current time. Most of Blue Star's value examination focuses on studying past and present price action to predict the probability of Blue Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Star's price. Additionally, you may evaluate how the addition of Blue Star to your portfolios can decrease your overall portfolio volatility.