Golden Energy (Norway) Probability of Future Stock Price Finishing Under 15.18
| GEOS Stock | NOK 16.80 0.35 2.13% |
Golden |
Golden Energy Target Price Odds to finish below 15.18
The tendency of Golden 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 15.18 or more in 90 days |
| 16.80 | 90 days | 15.18 | near 1 |
Based on a normal probability distribution, the odds of Golden Energy to drop to 15.18 or more in 90 days from now is near 1 (This Golden Energy Offshore probability density function shows the probability of Golden Stock to fall within a particular range of prices over 90 days) . Probability of Golden Energy Offshore price to stay between 15.18 and its current price of 16.8 at the end of the 90-day period is about 1.01 .
Assuming the 90 days trading horizon Golden Energy has a beta of 0.35. This usually indicates as returns on the market go up, Golden Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Golden Energy Offshore will be expected to be much smaller as well. Additionally Golden Energy Offshore 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. Golden Energy Price Density |
| Price |
Predictive Modules for Golden Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Energy Offshore. 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.Golden Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Golden Energy is not an exception. The market had few large corrections towards the Golden Energy'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 Golden Energy Offshore, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Golden Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 3.22 | |
Ir | Information ratio | -0.1 |
Golden Energy 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 Golden Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Golden Energy Offshore can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Golden Energy generated a negative expected return over the last 90 days | |
| Golden Energy has high historical volatility and very poor performance | |
| Golden Energy has high likelihood to experience some financial distress in the next 2 years | |
| Golden Energy Offshore has accumulated 57.41 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Golden Energy Offshore has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Golden Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Golden Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Golden Energy Offshore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Golden to invest in growth at high rates of return. When we think about Golden Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 71.19 M. Net Loss for the year was (63.16 M) with loss before overhead, payroll, taxes, and interest of (7.41 M). | |
| About 41.0% of Golden Energy shares are held by company insiders |
Golden Energy 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 Golden Stock often depends not only on the future outlook of the current and potential Golden Energy'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. Golden Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.7 M | |
| Cash And Short Term Investments | 791 K |
Golden Energy Technical Analysis
Golden Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Golden Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Golden Energy Offshore. In general, you should focus on analyzing Golden Stock price patterns and their correlations with different microeconomic environments and drivers.
Golden Energy Predictive Forecast Models
Golden Energy's time-series forecasting models is one of many Golden Energy'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 Golden Energy'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 Golden Energy Offshore
Checking the ongoing alerts about Golden Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Golden Energy Offshore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Golden Energy generated a negative expected return over the last 90 days | |
| Golden Energy has high historical volatility and very poor performance | |
| Golden Energy has high likelihood to experience some financial distress in the next 2 years | |
| Golden Energy Offshore has accumulated 57.41 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Golden Energy Offshore has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Golden Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Golden Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Golden Energy Offshore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Golden to invest in growth at high rates of return. When we think about Golden Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 71.19 M. Net Loss for the year was (63.16 M) with loss before overhead, payroll, taxes, and interest of (7.41 M). | |
| About 41.0% of Golden Energy shares are held by company insiders |
Other Information on Investing in Golden Stock
Golden Energy financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Energy security.