Gold Bond (Israel) Probability of Future Stock Price Finishing Under 14,606
| GOLD Stock | ILS 14,720 30.00 0.20% |
Gold |
Gold Bond Target Price Odds to finish below 14,606
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 move below current price in 90 days |
| 14,720 | 90 days | 14,720 | more than 94.0 |
Based on a normal probability distribution, the odds of Gold Bond to move below current price in 90 days from now is more than 94.0 (This The Gold Bond probability density function shows the probability of Gold Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Gold Bond has a beta of 0.55. This usually indicates as returns on the market go up, Gold Bond average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Gold Bond will be expected to be much smaller as well. Additionally The Gold Bond has an alpha of 0.3089, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gold Bond Price Density |
| Price |
Predictive Modules for Gold Bond
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 Bond. 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 Bond Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gold Bond is not an exception. The market had few large corrections towards the Gold Bond'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 The Gold Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gold Bond within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 1,039 | |
Ir | Information ratio | 0.11 |
Gold Bond 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 Bond'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. Gold Bond's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 531.44k | |
| Average Daily Volume Last 10 Day | 107 | |
| Average Daily Volume In Three Month | 140 |
Gold Bond Technical Analysis
Gold Bond's 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 The Gold Bond. In general, you should focus on analyzing Gold Stock price patterns and their correlations with different microeconomic environments and drivers.
Gold Bond Predictive Forecast Models
Gold Bond's time-series forecasting models is one of many Gold Bond'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 Gold Bond'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gold Bond in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gold Bond's short interest history, or implied volatility extrapolated from Gold Bond options trading.
Other Information on Investing in Gold Stock
Gold Bond financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Bond security.