Loncor Gold Probability of Future OTC Stock Price Finishing Under 0.24
| LONCFDelisted Stock | USD 0.26 0.00 0.00% |
Loncor |
Loncor Gold Target Price Odds to finish below 0.24
The tendency of Loncor 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 drop to $ 0.24 or more in 90 days |
| 0.26 | 90 days | 0.24 | under 4 |
Based on a normal probability distribution, the odds of Loncor Gold to drop to $ 0.24 or more in 90 days from now is under 4 (This Loncor Gold probability density function shows the probability of Loncor OTC Stock to fall within a particular range of prices over 90 days) . Probability of Loncor Gold price to stay between $ 0.24 and its current price of $0.26 at the end of the 90-day period is about 10.31 .
Assuming the 90 days horizon Loncor Gold has a beta of -0.0767. This indicates as returns on the benchmark increase, returns on holding Loncor Gold are expected to decrease at a much lower rate. During a bear market, however, Loncor Gold is likely to outperform the market. Additionally Loncor Gold has an alpha of 0.0618, implying that it can generate a 0.0618 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Loncor Gold Price Density |
| Price |
Predictive Modules for Loncor 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 Loncor Gold. 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 Loncor 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.
Loncor Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Loncor Gold is not an exception. The market had few large corrections towards the Loncor 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 Loncor Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Loncor Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.01 |
Loncor 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 Loncor Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Loncor 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.| Loncor Gold is not yet fully synchronised with the market data | |
| Loncor Gold has some characteristics of a very speculative penny stock | |
| Loncor Gold has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Loncor Gold has accumulated about 1.27 M in cash with (1.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
Loncor 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 Loncor OTC Stock often depends not only on the future outlook of the current and potential Loncor 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. Loncor Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.1 M |
Loncor Gold Technical Analysis
Loncor Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Loncor OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Loncor Gold. In general, you should focus on analyzing Loncor OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Loncor Gold Predictive Forecast Models
Loncor Gold's time-series forecasting models is one of many Loncor 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 Loncor 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 Loncor Gold
Checking the ongoing alerts about Loncor Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Loncor Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Loncor Gold is not yet fully synchronised with the market data | |
| Loncor Gold has some characteristics of a very speculative penny stock | |
| Loncor Gold has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Loncor Gold has accumulated about 1.27 M in cash with (1.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Loncor Gold information on this page should be used as a complementary analysis to other Loncor Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Loncor OTC Stock
If you are still planning to invest in Loncor Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Loncor Gold's history and understand the potential risks before investing.
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