Guyana Gold Corp Stock Probability of Future Pink Sheet Price Finishing Over 9.11E-4
| GYGC Stock | USD 0 0.0001 7.14% |
Guyana |
Guyana Gold Target Price Odds to finish over 9.11E-4
The tendency of Guyana 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 stay above $ 0.0009 in 90 days |
| 0 | 90 days | 0.0009 | about 89.24 |
Based on a normal probability distribution, the odds of Guyana Gold to stay above $ 0.0009 in 90 days from now is about 89.24 (This Guyana Gold Corp probability density function shows the probability of Guyana Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Guyana Gold Corp price to stay between $ 0.0009 and its current price of $0.0013 at the end of the 90-day period is about 29.39 .
Given the investment horizon of 90 days Guyana Gold Corp has a beta of -4.11. This usually indicates as returns on its benchmark rise, returns on holding Guyana Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Guyana Gold is expected to outperform its benchmark. In addition to that Guyana Gold Corp has an alpha of 2.7086, implying that it can generate a 2.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Guyana Gold Price Density |
| Price |
Predictive Modules for Guyana Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guyana Gold Corp. 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.Guyana Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Guyana Gold is not an exception. The market had few large corrections towards the Guyana Gold'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 Guyana Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Guyana Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.71 | |
β | Beta against Dow Jones | -4.11 | |
σ | Overall volatility | 0.0004 | |
Ir | Information ratio | 0.09 |
Guyana Gold 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 Guyana Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Guyana Gold Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Guyana Gold Corp is way too risky over 90 days horizon | |
| Guyana Gold Corp has some characteristics of a very speculative penny stock | |
| Guyana Gold Corp appears to be risky and price may revert if volatility continues | |
| Guyana Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (50.2 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Guyana Gold generates negative cash flow from operations |
Guyana Gold Technical Analysis
Guyana Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Guyana Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guyana Gold Corp. In general, you should focus on analyzing Guyana Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Guyana Gold Predictive Forecast Models
Guyana Gold's time-series forecasting models is one of many Guyana Gold'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 Guyana Gold'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 Guyana Gold Corp
Checking the ongoing alerts about Guyana Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Guyana Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Guyana Gold Corp is way too risky over 90 days horizon | |
| Guyana Gold Corp has some characteristics of a very speculative penny stock | |
| Guyana Gold Corp appears to be risky and price may revert if volatility continues | |
| Guyana Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (50.2 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Guyana Gold generates negative cash flow from operations |
Other Information on Investing in Guyana Pink Sheet
Guyana Gold financial ratios help investors to determine whether Guyana 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 Guyana with respect to the benefits of owning Guyana Gold security.