Getchell Gold Corp Stock Probability of Future OTC Stock Price Finishing Over 8.44
| GGLDF Stock | USD 0.09 0.01 7.37% |
Getchell |
Getchell Gold Target Price Odds to finish over 8.44
The tendency of Getchell 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 move over $ 8.44 or more in 90 days |
| 0.09 | 90 days | 8.44 | close to zero percent |
Based on a normal probability distribution, the odds of Getchell Gold to move over $ 8.44 or more in 90 days from now is close to zero percent (This Getchell Gold Corp probability density function shows the probability of Getchell OTC Stock to fall within a particular range of prices over 90 days) . Probability of Getchell Gold Corp price to stay between its current price of $ 0.09 and $ 8.44 at the end of the 90-day period is over 95.6 .
Assuming the 90 days horizon Getchell Gold has a beta of 0.49. This usually indicates as returns on the market go up, Getchell Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Getchell Gold Corp will be expected to be much smaller as well. Additionally Getchell Gold Corp has an alpha of 0.072, implying that it can generate a 0.072 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Getchell Gold Price Density |
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Predictive Modules for Getchell 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 Getchell 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 Getchell 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.
Getchell Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Getchell Gold is not an exception. The market had few large corrections towards the Getchell 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 Getchell Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Getchell Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.0008 |
Getchell 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 Getchell Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Getchell 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.| Getchell Gold Corp had very high historical volatility over the last 90 days | |
| Getchell Gold Corp has some characteristics of a very speculative penny stock | |
| Getchell Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Getchell Gold Corp has accumulated about 4.46 M in cash with (3.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Getchell 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 Getchell OTC Stock often depends not only on the future outlook of the current and potential Getchell 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. Getchell Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.8 M |
Getchell Gold Technical Analysis
Getchell Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Getchell OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Getchell Gold Corp. In general, you should focus on analyzing Getchell OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Getchell Gold Predictive Forecast Models
Getchell Gold's time-series forecasting models is one of many Getchell 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 Getchell 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 Getchell Gold Corp
Checking the ongoing alerts about Getchell Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Getchell Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Getchell Gold Corp had very high historical volatility over the last 90 days | |
| Getchell Gold Corp has some characteristics of a very speculative penny stock | |
| Getchell Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Getchell Gold Corp has accumulated about 4.46 M in cash with (3.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Other Information on Investing in Getchell OTC Stock
Getchell Gold financial ratios help investors to determine whether Getchell 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 Getchell with respect to the benefits of owning Getchell Gold security.