GOLD ROAD (Germany) Probability of Future Stock Price Finishing Under 1.13
| E6Q Stock | EUR 1.12 0.01 0.88% |
GOLD |
GOLD ROAD Target Price Odds to finish below 1.13
The tendency of GOLD 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 € 1.13 after 90 days |
| 1.12 | 90 days | 1.13 | about 84.24 |
Based on a normal probability distribution, the odds of GOLD ROAD to stay under € 1.13 after 90 days from now is about 84.24 (This GOLD ROAD RES probability density function shows the probability of GOLD Stock to fall within a particular range of prices over 90 days) . Probability of GOLD ROAD RES price to stay between its current price of € 1.12 and € 1.13 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon GOLD ROAD has a beta of 0.2 suggesting as returns on the market go up, GOLD ROAD average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GOLD ROAD RES will be expected to be much smaller as well. Additionally GOLD ROAD RES has an alpha of 0.1428, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GOLD ROAD Price Density |
| Price |
Predictive Modules for GOLD ROAD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GOLD ROAD RES. 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.GOLD ROAD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GOLD ROAD is not an exception. The market had few large corrections towards the GOLD ROAD'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 GOLD ROAD RES, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GOLD ROAD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.02 |
GOLD ROAD 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 GOLD ROAD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GOLD ROAD RES can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GOLD ROAD RES may become a speculative penny stock |
GOLD ROAD 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 GOLD Stock often depends not only on the future outlook of the current and potential GOLD ROAD'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. GOLD ROAD's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Short Term Investments | 358 K |
GOLD ROAD Technical Analysis
GOLD ROAD's future price can be derived by breaking down and analyzing its technical indicators over time. GOLD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GOLD ROAD RES. In general, you should focus on analyzing GOLD Stock price patterns and their correlations with different microeconomic environments and drivers.
GOLD ROAD Predictive Forecast Models
GOLD ROAD's time-series forecasting models is one of many GOLD ROAD'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 GOLD ROAD'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 GOLD ROAD RES
Checking the ongoing alerts about GOLD ROAD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GOLD ROAD RES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GOLD ROAD RES may become a speculative penny stock |
Other Information on Investing in GOLD Stock
GOLD ROAD financial ratios help investors to determine whether GOLD 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 GOLD with respect to the benefits of owning GOLD ROAD security.