Goldrich Mining Co Stock Probability of Future Pink Sheet Price Finishing Over 2.0E-4
| GRMC Stock | USD 0.0002 0.00 0.00% |
Goldrich |
Goldrich Mining Target Price Odds to finish over 2.0E-4
The tendency of Goldrich Pink Sheet 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 above the current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 70.3 |
Based on a normal probability distribution, the odds of Goldrich Mining to move above the current price in 90 days from now is about 70.3 (This Goldrich Mining Co probability density function shows the probability of Goldrich Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Goldrich Mining Co has a beta of -1.85. This usually indicates as returns on its benchmark rise, returns on holding Goldrich Mining Co are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Goldrich Mining is expected to outperform its benchmark. Moreover Goldrich Mining Co has an alpha of 1.6992, implying that it can generate a 1.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Goldrich Mining Price Density |
| Price |
Predictive Modules for Goldrich Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goldrich Mining. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Goldrich Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Goldrich Mining is not an exception. The market had few large corrections towards the Goldrich Mining'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 Goldrich Mining Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Goldrich Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.70 | |
β | Beta against Dow Jones | -1.85 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
Goldrich Mining 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 Goldrich Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Goldrich Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Goldrich Mining is way too risky over 90 days horizon | |
| Goldrich Mining has some characteristics of a very speculative penny stock | |
| Goldrich Mining appears to be risky and price may revert if volatility continues | |
| Goldrich Mining has high likelihood to experience some financial distress in the next 2 years | |
| Goldrich Mining Co currently holds 5.67 M in liabilities with Debt to Equity (D/E) ratio of 2.45, implying the company greatly relies on financing operations through barrowing. Goldrich Mining has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Goldrich Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Goldrich Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldrich Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldrich to invest in growth at high rates of return. When we think about Goldrich Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.76 T) with loss before overhead, payroll, taxes, and interest of (178.72 K). | |
| Goldrich Mining Co currently holds about 2.88 K in cash with (812.58 B) of positive cash flow from operations. | |
| Roughly 31.0% of Goldrich Mining shares are held by company insiders |
Goldrich Mining 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 Goldrich Pink Sheet often depends not only on the future outlook of the current and potential Goldrich Mining'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. Goldrich Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 147.3 M | |
| Cash And Short Term Investments | 3762.00 |
Goldrich Mining Technical Analysis
Goldrich Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Goldrich Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Goldrich Mining Co. In general, you should focus on analyzing Goldrich Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Goldrich Mining Predictive Forecast Models
Goldrich Mining's time-series forecasting models is one of many Goldrich Mining's pink sheet 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 Goldrich Mining'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Goldrich Mining
Checking the ongoing alerts about Goldrich Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Goldrich Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Goldrich Mining is way too risky over 90 days horizon | |
| Goldrich Mining has some characteristics of a very speculative penny stock | |
| Goldrich Mining appears to be risky and price may revert if volatility continues | |
| Goldrich Mining has high likelihood to experience some financial distress in the next 2 years | |
| Goldrich Mining Co currently holds 5.67 M in liabilities with Debt to Equity (D/E) ratio of 2.45, implying the company greatly relies on financing operations through barrowing. Goldrich Mining has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Goldrich Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Goldrich Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldrich Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldrich to invest in growth at high rates of return. When we think about Goldrich Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.76 T) with loss before overhead, payroll, taxes, and interest of (178.72 K). | |
| Goldrich Mining Co currently holds about 2.88 K in cash with (812.58 B) of positive cash flow from operations. | |
| Roughly 31.0% of Goldrich Mining shares are held by company insiders |
Other Information on Investing in Goldrich Pink Sheet
Goldrich Mining financial ratios help investors to determine whether Goldrich Pink Sheet 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 Goldrich with respect to the benefits of owning Goldrich Mining security.