B2gold Corp Stock Probability of Future Stock Price Finishing Under 0.16
| BTG Stock | USD 2.89 0.07 2.48% |
B2Gold |
B2Gold Corp Target Price Odds to finish below 0.16
The tendency of B2Gold 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 $ 0.16 or more in 90 days |
| 2.89 | 90 days | 0.16 | near 1 |
Based on a normal probability distribution, the odds of B2Gold Corp to drop to $ 0.16 or more in 90 days from now is near 1 (This B2Gold Corp probability density function shows the probability of B2Gold Stock to fall within a particular range of prices over 90 days) . Probability of B2Gold Corp price to stay between $ 0.16 and its current price of $2.89 at the end of the 90-day period is about 26.41 .
Considering the 90-day investment horizon B2Gold Corp has a beta of -0.0166 suggesting as returns on the benchmark increase, returns on holding B2Gold Corp are expected to decrease at a much lower rate. During a bear market, however, B2Gold Corp is likely to outperform the market. Additionally B2Gold Corp has an alpha of 0.0415, implying that it can generate a 0.0415 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). B2Gold Corp Price Density |
| Price |
Predictive Modules for B2Gold Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as B2Gold 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 B2Gold Corp'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.
B2Gold Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. B2Gold Corp is not an exception. The market had few large corrections towards the B2Gold Corp'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 B2Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of B2Gold Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.02 |
B2Gold Corp 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 B2Gold Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for B2Gold 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.| B2Gold Corp is unlikely to experience financial distress in the next 2 years | |
| About 62.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: November 2024s Stock Selections Estimated To Be Trading Below Intrinsic Value |
B2Gold Corp 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 B2Gold Stock often depends not only on the future outlook of the current and potential B2Gold Corp'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. B2Gold Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Cash And Short Term Investments | 306.9 M |
B2Gold Corp Technical Analysis
B2Gold Corp's future price can be derived by breaking down and analyzing its technical indicators over time. B2Gold Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of B2Gold Corp. In general, you should focus on analyzing B2Gold Stock price patterns and their correlations with different microeconomic environments and drivers.
B2Gold Corp Predictive Forecast Models
B2Gold Corp's time-series forecasting models is one of many B2Gold Corp'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 B2Gold Corp'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 B2Gold Corp
Checking the ongoing alerts about B2Gold Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for B2Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| B2Gold Corp is unlikely to experience financial distress in the next 2 years | |
| About 62.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: November 2024s Stock Selections Estimated To Be Trading Below Intrinsic Value |
Check out B2Gold Corp Backtesting, B2Gold Corp Valuation, B2Gold Corp Correlation, B2Gold Corp Hype Analysis, B2Gold Corp Volatility, B2Gold Corp History as well as B2Gold Corp Performance. For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B2Gold Corp. If investors know B2Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.16 | Earnings Share (0.56) | Revenue Per Share 1.466 | Quarterly Revenue Growth (0.06) |
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.