Firefox Gold Corp Stock Probability of Future OTC Stock Price Finishing Under 0.0265
| FFOXF Stock | USD 0.03 0 5.09% |
FireFox |
FireFox Gold Target Price Odds to finish below 0.0265
The tendency of FireFox OTC 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 $ 0.03 after 90 days |
| 0.03 | 90 days | 0.03 | about 7.36 |
Based on a normal probability distribution, the odds of FireFox Gold to stay under $ 0.03 after 90 days from now is about 7.36 (This FireFox Gold Corp probability density function shows the probability of FireFox OTC Stock to fall within a particular range of prices over 90 days) . Probability of FireFox Gold Corp price to stay between its current price of $ 0.03 and $ 0.03 at the end of the 90-day period is about 1.61 .
Assuming the 90 days horizon FireFox Gold Corp has a beta of -1.97. This usually indicates as returns on its benchmark rise, returns on holding FireFox Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, FireFox Gold is expected to outperform its benchmark. Additionally FireFox Gold Corp 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. FireFox Gold Price Density |
| Price |
Predictive Modules for FireFox 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 FireFox Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 FireFox Gold'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.
FireFox Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FireFox Gold is not an exception. The market had few large corrections towards the FireFox 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 FireFox Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FireFox Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -1.97 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.06 |
FireFox 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 FireFox Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FireFox Gold 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.| FireFox Gold Corp generated a negative expected return over the last 90 days | |
| FireFox Gold Corp has high historical volatility and very poor performance | |
| FireFox Gold Corp has some characteristics of a very speculative penny stock | |
| FireFox Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.29 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| FireFox Gold Corp has accumulated about 909.55 K in cash with (4.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: i-80 Gold Market Overreaction Presents Opportunity - Seeking Alpha |
FireFox 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 FireFox OTC Stock often depends not only on the future outlook of the current and potential FireFox 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. FireFox Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.1 M |
FireFox Gold Technical Analysis
FireFox Gold's future price can be derived by breaking down and analyzing its technical indicators over time. FireFox OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FireFox Gold Corp. In general, you should focus on analyzing FireFox OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
FireFox Gold Predictive Forecast Models
FireFox Gold's time-series forecasting models is one of many FireFox Gold's otc 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 FireFox 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 otc stock market movement and maximize returns from investment trading.
Things to note about FireFox Gold Corp
Checking the ongoing alerts about FireFox Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FireFox Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FireFox Gold Corp generated a negative expected return over the last 90 days | |
| FireFox Gold Corp has high historical volatility and very poor performance | |
| FireFox Gold Corp has some characteristics of a very speculative penny stock | |
| FireFox Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.29 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| FireFox Gold Corp has accumulated about 909.55 K in cash with (4.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: i-80 Gold Market Overreaction Presents Opportunity - Seeking Alpha |
Other Information on Investing in FireFox OTC Stock
FireFox Gold financial ratios help investors to determine whether FireFox OTC 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 FireFox with respect to the benefits of owning FireFox Gold security.