Condor Gold Plc Stock Probability of Future Pink Sheet Price Finishing Under 0.31
| CNDGF Stock | USD 0.31 0.06 24.00% |
Condor |
Condor Gold Target Price Odds to finish below 0.31
The tendency of Condor 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 below current price in 90 days |
| 0.31 | 90 days | 0.31 | about 56.92 |
Based on a normal probability distribution, the odds of Condor Gold to move below current price in 90 days from now is about 56.92 (This Condor Gold Plc probability density function shows the probability of Condor Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Condor Gold Plc has a beta of -0.88 suggesting Additionally Condor Gold Plc has an alpha of 0.0327, implying that it can generate a 0.0327 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Condor Gold Price Density |
| Price |
Predictive Modules for Condor 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 Condor Gold Plc. 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.Condor Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Condor Gold is not an exception. The market had few large corrections towards the Condor 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 Condor Gold Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Condor Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.88 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.03 |
Condor 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 Condor Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Condor Gold Plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Condor Gold Plc generated a negative expected return over the last 90 days | |
| Condor Gold Plc has high historical volatility and very poor performance | |
| Condor Gold Plc has some characteristics of a very speculative penny stock | |
| Condor Gold Plc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.33 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Condor Gold Plc has accumulated about 2.45 M in cash with (2.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 28.0% of the company shares are held by company insiders |
Condor 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 Condor Pink Sheet often depends not only on the future outlook of the current and potential Condor 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. Condor Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 146.9 M |
Condor Gold Technical Analysis
Condor Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Condor Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Condor Gold Plc. In general, you should focus on analyzing Condor Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Condor Gold Predictive Forecast Models
Condor Gold's time-series forecasting models is one of many Condor Gold's 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 Condor 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Condor Gold Plc
Checking the ongoing alerts about Condor Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Condor Gold Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Condor Gold Plc generated a negative expected return over the last 90 days | |
| Condor Gold Plc has high historical volatility and very poor performance | |
| Condor Gold Plc has some characteristics of a very speculative penny stock | |
| Condor Gold Plc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.33 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Condor Gold Plc has accumulated about 2.45 M in cash with (2.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 28.0% of the company shares are held by company insiders |
Other Information on Investing in Condor Pink Sheet
Condor Gold financial ratios help investors to determine whether Condor Pink Sheet 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 Condor with respect to the benefits of owning Condor Gold security.