Cassiar Gold Corp Stock Probability of Future Stock Price Finishing Under 0.2
| GLDC Stock | CAD 0.22 0.01 4.76% |
Cassiar |
Cassiar Gold Target Price Odds to finish below 0.2
The tendency of Cassiar 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 C$ 0.20 or more in 90 days |
| 0.22 | 90 days | 0.20 | roughly 2.7 |
Based on a normal probability distribution, the odds of Cassiar Gold to drop to C$ 0.20 or more in 90 days from now is roughly 2.7 (This Cassiar Gold Corp probability density function shows the probability of Cassiar Stock to fall within a particular range of prices over 90 days) . Probability of Cassiar Gold Corp price to stay between C$ 0.20 and its current price of C$0.22 at the end of the 90-day period is about 14.09 .
Assuming the 90 days trading horizon Cassiar Gold has a beta of 0.33. This usually indicates as returns on the market go up, Cassiar Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cassiar Gold Corp will be expected to be much smaller as well. Additionally Cassiar 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. Cassiar Gold Price Density |
| Price |
Predictive Modules for Cassiar 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 Cassiar Gold Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cassiar 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.
Cassiar Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cassiar Gold is not an exception. The market had few large corrections towards the Cassiar 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 Cassiar Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cassiar Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.13 |
Cassiar 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 Cassiar Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cassiar 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.| Cassiar Gold Corp generated a negative expected return over the last 90 days | |
| Cassiar Gold Corp has some characteristics of a very speculative penny stock | |
| Cassiar Gold Corp has high historical volatility and very poor performance | |
| Cassiar Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.74 M) with loss before overhead, payroll, taxes, and interest of (20.21 K). | |
| Cassiar Gold Corp has accumulated about 3.83 M in cash with (3.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Latest headline from news.google.com: Gold Prices May Rise Further, But Huge Gains Could Come From This Area - NAI 500 |
Cassiar 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 Cassiar Stock often depends not only on the future outlook of the current and potential Cassiar 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. Cassiar Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 87.7 M | |
| Cash And Short Term Investments | 4.5 M |
Cassiar Gold Technical Analysis
Cassiar Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Cassiar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cassiar Gold Corp. In general, you should focus on analyzing Cassiar Stock price patterns and their correlations with different microeconomic environments and drivers.
Cassiar Gold Predictive Forecast Models
Cassiar Gold's time-series forecasting models is one of many Cassiar Gold'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 Cassiar 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 stock market movement and maximize returns from investment trading.
Things to note about Cassiar Gold Corp
Checking the ongoing alerts about Cassiar Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cassiar Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cassiar Gold Corp generated a negative expected return over the last 90 days | |
| Cassiar Gold Corp has some characteristics of a very speculative penny stock | |
| Cassiar Gold Corp has high historical volatility and very poor performance | |
| Cassiar Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.74 M) with loss before overhead, payroll, taxes, and interest of (20.21 K). | |
| Cassiar Gold Corp has accumulated about 3.83 M in cash with (3.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Latest headline from news.google.com: Gold Prices May Rise Further, But Huge Gains Could Come From This Area - NAI 500 |
Additional Tools for Cassiar Stock Analysis
When running Cassiar Gold's price analysis, check to measure Cassiar Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to predict the probability of Cassiar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.