Gunpoint Exploration Stock Probability of Future Stock Price Finishing Over 0.63
| GUN Stock | CAD 0.60 0.05 7.69% |
Gunpoint |
Gunpoint Exploration Target Price Odds to finish over 0.63
The tendency of Gunpoint 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 over C$ 0.63 or more in 90 days |
| 0.60 | 90 days | 0.63 | about 81.55 |
Based on a normal probability distribution, the odds of Gunpoint Exploration to move over C$ 0.63 or more in 90 days from now is about 81.55 (This Gunpoint Exploration probability density function shows the probability of Gunpoint Stock to fall within a particular range of prices over 90 days) . Probability of Gunpoint Exploration price to stay between its current price of C$ 0.60 and C$ 0.63 at the end of the 90-day period is about 14.83 .
Assuming the 90 days horizon Gunpoint Exploration has a beta of -0.7. This usually indicates as returns on the benchmark increase, returns on holding Gunpoint Exploration are expected to decrease at a much lower rate. During a bear market, however, Gunpoint Exploration is likely to outperform the market. Additionally Gunpoint Exploration has an alpha of 0.1732, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gunpoint Exploration Price Density |
| Price |
Predictive Modules for Gunpoint Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gunpoint Exploration. 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.Gunpoint Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gunpoint Exploration is not an exception. The market had few large corrections towards the Gunpoint Exploration'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 Gunpoint Exploration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gunpoint Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.7 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.0097 |
Gunpoint Exploration 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 Gunpoint Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gunpoint 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.| Gunpoint Exploration generated a negative expected return over the last 90 days | |
| Gunpoint Exploration has some characteristics of a very speculative penny stock | |
| Gunpoint Exploration has high historical volatility and very poor performance | |
| Gunpoint Exploration has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.02 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gunpoint Exploration has accumulated about 1.1 M in cash with (504 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 82.0% of the company shares are held by company insiders |
Gunpoint Exploration 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 Gunpoint Stock often depends not only on the future outlook of the current and potential Gunpoint Exploration'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. Gunpoint Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.9 M |
Gunpoint Exploration Technical Analysis
Gunpoint Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Gunpoint Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gunpoint Exploration. In general, you should focus on analyzing Gunpoint Stock price patterns and their correlations with different microeconomic environments and drivers.
Gunpoint Exploration Predictive Forecast Models
Gunpoint Exploration's time-series forecasting models is one of many Gunpoint Exploration'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 Gunpoint Exploration'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 Gunpoint Exploration
Checking the ongoing alerts about Gunpoint Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gunpoint Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gunpoint Exploration generated a negative expected return over the last 90 days | |
| Gunpoint Exploration has some characteristics of a very speculative penny stock | |
| Gunpoint Exploration has high historical volatility and very poor performance | |
| Gunpoint Exploration has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.02 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gunpoint Exploration has accumulated about 1.1 M in cash with (504 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 82.0% of the company shares are held by company insiders |
Additional Tools for Gunpoint Stock Analysis
When running Gunpoint Exploration's price analysis, check to measure Gunpoint Exploration'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 Gunpoint Exploration is operating at the current time. Most of Gunpoint Exploration's value examination focuses on studying past and present price action to predict the probability of Gunpoint Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gunpoint Exploration's price. Additionally, you may evaluate how the addition of Gunpoint Exploration to your portfolios can decrease your overall portfolio volatility.