Iamgold Stock Odds of Future Stock Price Finishing Over 9.25

IAG Stock  USD 5.33  0.37  6.49%   
IAMGold's future price is the expected price of IAMGold instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of IAMGold performance during a given time horizon utilizing its historical volatility. Check out IAMGold Backtesting, IAMGold Valuation, IAMGold Correlation, IAMGold Hype Analysis, IAMGold Volatility, IAMGold History as well as IAMGold Performance.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.
  
The current Price To Sales Ratio is estimated to decrease to 1.17. The current Price Earnings Ratio is estimated to decrease to 10.42. Please specify IAMGold's target price for which you would like IAMGold odds to be computed.

IAMGold Target Price Odds to finish over 9.25

The tendency of IAMGold 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 PriceHorizonTarget PriceOdds to move over $ 9.25  or more in 90 days
 5.33 90 days 9.25 
close to zero percent
Based on a normal probability distribution, the odds of IAMGold to move over $ 9.25  or more in 90 days from now is close to zero percent (This IAMGold probability density function shows the probability of IAMGold Stock to fall within a particular range of prices over 90 days) . Probability of IAMGold price to stay between its current price of $ 5.33  and $ 9.25  at the end of the 90-day period is about 43.56 .
Considering the 90-day investment horizon IAMGold has a beta of 0.38. This usually indicates as returns on the market go up, IAMGold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IAMGold will be expected to be much smaller as well. Additionally IAMGold has an alpha of 0.1614, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   IAMGold Price Density   
       Price  

Predictive Modules for IAMGold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IAMGold. 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.
Hype
Prediction
LowEstimatedHigh
1.445.379.30
Details
Intrinsic
Valuation
LowRealHigh
0.193.877.80
Details
Naive
Forecast
LowNextHigh
1.875.809.73
Details
11 Analysts
Consensus
LowTargetHigh
2.963.253.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IAMGold. Your research has to be compared to or analyzed against IAMGold's peers to derive any actionable benefits. When done correctly, IAMGold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in IAMGold.

IAMGold Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. IAMGold is not an exception. The market had few large corrections towards the IAMGold'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 IAMGold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IAMGold within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.16
β
Beta against Dow Jones0.38
σ
Overall volatility
0.37
Ir
Information ratio 0.02

IAMGold 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 IAMGold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IAMGold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
IAMGold had very high historical volatility over the last 90 days
About 68.0% of the company shares are owned by institutional investors
Latest headline from fool.com.au: IAG share price reaches new 5-year high What next

IAMGold 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 IAMGold Stock often depends not only on the future outlook of the current and potential IAMGold'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. IAMGold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding484.6 M
Cash And Short Term Investments367.1 M

IAMGold Technical Analysis

IAMGold's future price can be derived by breaking down and analyzing its technical indicators over time. IAMGold Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IAMGold. In general, you should focus on analyzing IAMGold Stock price patterns and their correlations with different microeconomic environments and drivers.

IAMGold Predictive Forecast Models

IAMGold's time-series forecasting models is one of many IAMGold'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 IAMGold'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 IAMGold

Checking the ongoing alerts about IAMGold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IAMGold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
IAMGold had very high historical volatility over the last 90 days
About 68.0% of the company shares are owned by institutional investors
Latest headline from fool.com.au: IAG share price reaches new 5-year high What next
When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IAMGold. If investors know IAMGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IAMGold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Earnings Share
1.35
Revenue Per Share
2.824
Quarterly Revenue Growth
0.955
Return On Assets
0.0444
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IAMGold's market value can be influenced by many factors that don't directly affect IAMGold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.