Gold Fields Ltd Stock Probability of Future Stock Price Finishing Under 12.27
| GFI Stock | USD 15.07 0.13 0.87% |
Closest to current price Gold long CALL Option Payoff at Expiration
Gold |
Gold Fields Target Price Odds to finish below 12.27
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 drop to $ 12.27 or more in 90 days |
| 15.07 | 90 days | 12.27 | about 1.41 |
Based on a normal probability distribution, the odds of Gold Fields to drop to $ 12.27 or more in 90 days from now is about 1.41 (This Gold Fields Ltd probability density function shows the probability of Gold Stock to fall within a particular range of prices over 90 days) . Probability of Gold Fields price to stay between $ 12.27 and its current price of $15.07 at the end of the 90-day period is about 39.92 .
Considering the 90-day investment horizon Gold Fields Ltd has a beta of -0.13. This usually indicates as returns on the benchmark increase, returns on holding Gold Fields are expected to decrease at a much lower rate. During a bear market, however, Gold Fields Ltd is likely to outperform the market. Additionally Gold Fields Ltd 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. Gold Fields Price Density |
| Price |
Predictive Modules for Gold Fields
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 Fields. 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 Fields Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gold Fields is not an exception. The market had few large corrections towards the Gold Fields' 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 Fields Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gold Fields within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.42 | |
Ir | Information ratio | -0.08 |
Gold Fields 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 Fields for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gold Fields 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 Fields has a strong financial position based on the latest SEC filings | |
| On 26th of September 2024 Gold Fields paid $ 0.1692 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Gold Fields Ltd Trading 6.44 percent Higher on Nov 19 |
Gold Fields 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 Fields' 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 Fields' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 895 M | |
| Cash And Short Term Investments | 648.7 M |
Gold Fields Technical Analysis
Gold Fields' 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 Fields Ltd. In general, you should focus on analyzing Gold Stock price patterns and their correlations with different microeconomic environments and drivers.
Gold Fields Predictive Forecast Models
Gold Fields' time-series forecasting models is one of many Gold Fields' 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 Fields' 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 Fields
Checking the ongoing alerts about Gold Fields for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gold Fields help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gold Fields has a strong financial position based on the latest SEC filings | |
| On 26th of September 2024 Gold Fields paid $ 0.1692 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Gold Fields Ltd Trading 6.44 percent Higher on Nov 19 |
Check out Gold Fields Backtesting, Gold Fields Valuation, Gold Fields Correlation, Gold Fields Hype Analysis, Gold Fields Volatility, Gold Fields History as well as Gold Fields Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Gold Fields. If investors know Gold 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 Gold Fields 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 (0.15) | Dividend Share 0.399 | Earnings Share 0.71 | Revenue Per Share 2.437 | Quarterly Revenue Growth (0.06) |
The market value of Gold Fields is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Fields' value that differs from its market value or its book value, called intrinsic value, which is Gold Fields' 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 Gold Fields' market value can be influenced by many factors that don't directly affect Gold Fields' 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 Gold Fields' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Fields is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Fields' 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.