Bonanza Goldfields Probability of Future Pink Sheet Price Finishing Over 0.001
| BONZDelisted Stock | USD 0 0.0001 11.11% |
Bonanza |
Bonanza Goldfields Target Price Odds to finish over 0.001
The tendency of Bonanza Pink Sheet 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 | 90 days | 0 | about 47.08 |
Based on a normal probability distribution, the odds of Bonanza Goldfields to move above the current price in 90 days from now is about 47.08 (This Bonanza Goldfields probability density function shows the probability of Bonanza Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Bonanza Goldfields has a beta of -1.58 suggesting as returns on its benchmark rise, returns on holding Bonanza Goldfields are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Bonanza Goldfields is expected to outperform its benchmark. Additionally Bonanza Goldfields has an alpha of 0.4557, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bonanza Goldfields Price Density |
| Price |
Predictive Modules for Bonanza Goldfields
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bonanza Goldfields. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Bonanza Goldfields Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bonanza Goldfields is not an exception. The market had few large corrections towards the Bonanza Goldfields' 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 Bonanza Goldfields, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bonanza Goldfields within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | -1.58 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | 0.01 |
Bonanza Goldfields 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 Bonanza Goldfields for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bonanza Goldfields can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bonanza Goldfields is not yet fully synchronised with the market data | |
| Bonanza Goldfields has some characteristics of a very speculative penny stock | |
| Bonanza Goldfields has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 297.09 K. Net Loss for the year was (2.12 M) with profit before overhead, payroll, taxes, and interest of 209.27 K. | |
| Bonanza Goldfields currently holds about 25.49 K in cash with (98.97 K) of positive cash flow from operations. | |
| Roughly 63.0% of the company shares are held by company insiders |
Bonanza Goldfields 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 Bonanza Pink Sheet often depends not only on the future outlook of the current and potential Bonanza Goldfields' 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. Bonanza Goldfields' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 28.1 K |
Bonanza Goldfields Technical Analysis
Bonanza Goldfields' future price can be derived by breaking down and analyzing its technical indicators over time. Bonanza Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bonanza Goldfields. In general, you should focus on analyzing Bonanza Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bonanza Goldfields Predictive Forecast Models
Bonanza Goldfields' time-series forecasting models is one of many Bonanza Goldfields' pink sheet 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 Bonanza Goldfields' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Bonanza Goldfields
Checking the ongoing alerts about Bonanza Goldfields for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bonanza Goldfields help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bonanza Goldfields is not yet fully synchronised with the market data | |
| Bonanza Goldfields has some characteristics of a very speculative penny stock | |
| Bonanza Goldfields has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 297.09 K. Net Loss for the year was (2.12 M) with profit before overhead, payroll, taxes, and interest of 209.27 K. | |
| Bonanza Goldfields currently holds about 25.49 K in cash with (98.97 K) of positive cash flow from operations. | |
| Roughly 63.0% of the company shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Bonanza Pink Sheet
If you are still planning to invest in Bonanza Goldfields check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bonanza Goldfields' history and understand the potential risks before investing.
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