Golden Lake Exploration Stock Probability of Future OTC Stock Price Finishing Over 0.0357
| GOLXF Stock | USD 0.04 0.01 23.79% |
Golden |
Golden Lake Target Price Odds to finish over 0.0357
The tendency of Golden 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 stay above $ 0.04 in 90 days |
| 0.04 | 90 days | 0.04 | about 86.37 |
Based on a normal probability distribution, the odds of Golden Lake to stay above $ 0.04 in 90 days from now is about 86.37 (This Golden Lake Exploration probability density function shows the probability of Golden OTC Stock to fall within a particular range of prices over 90 days) . Probability of Golden Lake Exploration price to stay between $ 0.04 and its current price of $0.0359 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.76 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Golden Lake will likely underperform. Additionally Golden Lake Exploration 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 Lake Price Density |
| Price |
Predictive Modules for Golden Lake
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 Lake Exploration. 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 Golden Lake'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.
Golden Lake Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Golden Lake is not an exception. The market had few large corrections towards the Golden Lake'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 Lake Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Golden Lake within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0083 |
Golden Lake 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 Lake for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Golden Lake Exploration 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 Lake generated a negative expected return over the last 90 days | |
| Golden Lake has high historical volatility and very poor performance | |
| Golden Lake has some characteristics of a very speculative penny stock | |
| Golden Lake has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Golden Lake Exploration has accumulated about 2.26 M in cash with (923.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Golden Lake 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 OTC Stock often depends not only on the future outlook of the current and potential Golden Lake'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 Lake's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.2 M |
Golden Lake Technical Analysis
Golden Lake's future price can be derived by breaking down and analyzing its technical indicators over time. Golden OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Golden Lake Exploration. In general, you should focus on analyzing Golden OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Golden Lake Predictive Forecast Models
Golden Lake's time-series forecasting models is one of many Golden Lake'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 Golden Lake'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 Golden Lake Exploration
Checking the ongoing alerts about Golden Lake for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Golden Lake Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Golden Lake generated a negative expected return over the last 90 days | |
| Golden Lake has high historical volatility and very poor performance | |
| Golden Lake has some characteristics of a very speculative penny stock | |
| Golden Lake has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Golden Lake Exploration has accumulated about 2.26 M in cash with (923.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Golden OTC Stock
Golden Lake financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Lake security.