Japan Gold Corp Stock Probability of Future OTC Stock Price Finishing Over 0.091
| JGLDF Stock | USD 0.05 0 8.00% |
Japan |
Japan Gold Target Price Odds to finish over 0.091
The tendency of Japan OTC 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 $ 0.09 or more in 90 days |
| 0.05 | 90 days | 0.09 | near 1 |
Based on a normal probability distribution, the odds of Japan Gold to move over $ 0.09 or more in 90 days from now is near 1 (This Japan Gold Corp probability density function shows the probability of Japan OTC Stock to fall within a particular range of prices over 90 days) . Probability of Japan Gold Corp price to stay between its current price of $ 0.05 and $ 0.09 at the end of the 90-day period is about 20.06 .
Assuming the 90 days horizon Japan Gold Corp has a beta of -2.08. This indicates as returns on its benchmark rise, returns on holding Japan Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Japan Gold is expected to outperform its benchmark. Additionally Japan Gold Corp has an alpha of 0.8263, implying that it can generate a 0.83 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Japan Gold Price Density |
| Price |
Predictive Modules for Japan 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 Japan Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Japan 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.
Japan Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Japan Gold is not an exception. The market had few large corrections towards the Japan 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 Japan Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Japan Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.83 | |
β | Beta against Dow Jones | -2.08 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.06 |
Japan 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 Japan Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Japan 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.| Japan Gold Corp had very high historical volatility over the last 90 days | |
| Japan Gold Corp has some characteristics of a very speculative penny stock | |
| Japan Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.33 M) with loss before overhead, payroll, taxes, and interest of (378.65 K). | |
| Japan Gold Corp has accumulated about 7.75 M in cash with (2.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 14.0% of the company shares are held by company insiders |
Japan Gold 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 Japan OTC Stock often depends not only on the future outlook of the current and potential Japan Gold'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. Japan Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 224.9 M |
Japan Gold Technical Analysis
Japan Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Japan OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Japan Gold Corp. In general, you should focus on analyzing Japan OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Japan Gold Predictive Forecast Models
Japan Gold's time-series forecasting models is one of many Japan Gold's otc 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 Japan 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 otc stock market movement and maximize returns from investment trading.
Things to note about Japan Gold Corp
Checking the ongoing alerts about Japan Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Japan Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Japan Gold Corp had very high historical volatility over the last 90 days | |
| Japan Gold Corp has some characteristics of a very speculative penny stock | |
| Japan Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.33 M) with loss before overhead, payroll, taxes, and interest of (378.65 K). | |
| Japan Gold Corp has accumulated about 7.75 M in cash with (2.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 14.0% of the company shares are held by company insiders |
Other Information on Investing in Japan OTC Stock
Japan Gold financial ratios help investors to determine whether Japan OTC Stock 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 Japan with respect to the benefits of owning Japan Gold security.