Gossan Resources Stock Probability of Future Stock Price Finishing Under 0.0209
| GSS Stock | CAD 0.02 0.00 0.00% |
Gossan |
Gossan Resources Target Price Odds to finish below 0.0209
The tendency of Gossan 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 under C$ 0.02 after 90 days |
| 0.02 | 90 days | 0.02 | about 22.42 |
Based on a normal probability distribution, the odds of Gossan Resources to stay under C$ 0.02 after 90 days from now is about 22.42 (This Gossan Resources probability density function shows the probability of Gossan Stock to fall within a particular range of prices over 90 days) . Probability of Gossan Resources price to stay between its current price of C$ 0.02 and C$ 0.02 at the end of the 90-day period is nearly 4.99 .
Assuming the 90 days horizon Gossan Resources has a beta of 0.43. This usually indicates as returns on the market go up, Gossan Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gossan Resources will be expected to be much smaller as well. Additionally Gossan Resources has an alpha of 0.6983, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gossan Resources Price Density |
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Predictive Modules for Gossan Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gossan Resources. 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.Gossan Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gossan Resources is not an exception. The market had few large corrections towards the Gossan Resources' 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 Gossan Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gossan Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
Gossan Resources 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 Gossan Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gossan Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gossan Resources is way too risky over 90 days horizon | |
| Gossan Resources has some characteristics of a very speculative penny stock | |
| Gossan Resources appears to be risky and price may revert if volatility continues | |
| Gossan Resources has high likelihood to experience some financial distress in the next 2 years | |
| Gossan Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Gossan Resources has accumulated about 2.22 M in cash with (544.1 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. | |
| Roughly 16.0% of the company shares are held by company insiders |
Gossan Resources 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 Gossan Stock often depends not only on the future outlook of the current and potential Gossan Resources' 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. Gossan Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.8 M | |
| Cash And Short Term Investments | 192.1 K |
Gossan Resources Technical Analysis
Gossan Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Gossan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gossan Resources. In general, you should focus on analyzing Gossan Stock price patterns and their correlations with different microeconomic environments and drivers.
Gossan Resources Predictive Forecast Models
Gossan Resources' time-series forecasting models is one of many Gossan Resources' 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 Gossan Resources' 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 Gossan Resources
Checking the ongoing alerts about Gossan Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gossan Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gossan Resources is way too risky over 90 days horizon | |
| Gossan Resources has some characteristics of a very speculative penny stock | |
| Gossan Resources appears to be risky and price may revert if volatility continues | |
| Gossan Resources has high likelihood to experience some financial distress in the next 2 years | |
| Gossan Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Gossan Resources has accumulated about 2.22 M in cash with (544.1 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. | |
| Roughly 16.0% of the company shares are held by company insiders |
Additional Tools for Gossan Stock Analysis
When running Gossan Resources' price analysis, check to measure Gossan Resources' 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 Gossan Resources is operating at the current time. Most of Gossan Resources' value examination focuses on studying past and present price action to predict the probability of Gossan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossan Resources' price. Additionally, you may evaluate how the addition of Gossan Resources to your portfolios can decrease your overall portfolio volatility.