Handeni Gold Stock Probability of Future Pink Sheet Price Finishing Under 1.13E-4
| HNDI Stock | USD 0.0002 0.0001 100.00% |
Handeni |
Handeni Gold Target Price Odds to finish below 1.13E-4
The tendency of Handeni 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 drop to $ 0.0001 or more in 90 days |
| 0.0002 | 90 days | 0.0001 | about 81.94 |
Based on a normal probability distribution, the odds of Handeni Gold to drop to $ 0.0001 or more in 90 days from now is about 81.94 (This Handeni Gold probability density function shows the probability of Handeni Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Handeni Gold price to stay between $ 0.0001 and its current price of $2.0E-4 at the end of the 90-day period is about 17.97 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.8 . 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, Handeni Gold will likely underperform. Moreover Handeni Gold has an alpha of 1.4429, implying that it can generate a 1.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Handeni Gold Price Density |
| Price |
Predictive Modules for Handeni 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 Handeni Gold. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Handeni Gold'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.
Handeni Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Handeni Gold is not an exception. The market had few large corrections towards the Handeni 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 Handeni Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Handeni Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.44 | |
β | Beta against Dow Jones | 2.80 | |
σ | Overall volatility | 0.000012 | |
Ir | Information ratio | 0.12 |
Handeni 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 Handeni Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Handeni Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Handeni Gold is way too risky over 90 days horizon | |
| Handeni Gold has some characteristics of a very speculative penny stock | |
| Handeni Gold appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Handeni Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Handeni Gold'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 Handeni Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Handeni to invest in growth at high rates of return. When we think about Handeni Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (872.8 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Handeni Gold currently holds about 30.32 K in cash with (419.26 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from finance.yahoo.com: Patriot Completes Highly Successful In-Fill Development Drill Program Propelling Shaakichiuwaanaan Down the Development Pipeline |
Handeni Gold Technical Analysis
Handeni Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Handeni Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Handeni Gold. In general, you should focus on analyzing Handeni Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Handeni Gold Predictive Forecast Models
Handeni Gold's time-series forecasting models is one of many Handeni 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 Handeni 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 Handeni Gold
Checking the ongoing alerts about Handeni Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Handeni Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Handeni Gold is way too risky over 90 days horizon | |
| Handeni Gold has some characteristics of a very speculative penny stock | |
| Handeni Gold appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Handeni Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Handeni Gold'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 Handeni Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Handeni to invest in growth at high rates of return. When we think about Handeni Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (872.8 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Handeni Gold currently holds about 30.32 K in cash with (419.26 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from finance.yahoo.com: Patriot Completes Highly Successful In-Fill Development Drill Program Propelling Shaakichiuwaanaan Down the Development Pipeline |
Other Information on Investing in Handeni Pink Sheet
Handeni Gold financial ratios help investors to determine whether Handeni 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 Handeni with respect to the benefits of owning Handeni Gold security.