Mexican Gold Mining Stock Probability of Future OTC Stock Price Finishing Under 0.0203
| MEXGF Stock | USD 0.02 0 7.11% |
Mexican |
Mexican Gold Target Price Odds to finish below 0.0203
The tendency of Mexican 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 $ 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | roughly 2.16 |
Based on a normal probability distribution, the odds of Mexican Gold to drop to $ 0.02 or more in 90 days from now is roughly 2.16 (This Mexican Gold Mining probability density function shows the probability of Mexican OTC Stock to fall within a particular range of prices over 90 days) . Probability of Mexican Gold Mining price to stay between $ 0.02 and its current price of $0.0211 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Mexican Gold has a beta of 0.0489. This indicates as returns on the market go up, Mexican Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mexican Gold Mining will be expected to be much smaller as well. Additionally Mexican Gold Mining has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Mexican Gold Price Density |
| Price |
Predictive Modules for Mexican 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 Mexican Gold Mining. 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.Mexican Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mexican Gold is not an exception. The market had few large corrections towards the Mexican 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 Mexican Gold Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mexican Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.81 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.08 |
Mexican 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 Mexican Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mexican Gold Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mexican Gold Mining generated a negative expected return over the last 90 days | |
| Mexican Gold Mining has high historical volatility and very poor performance | |
| Mexican Gold Mining has some characteristics of a very speculative penny stock | |
| Mexican Gold Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (739.58 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mexican Gold Mining has accumulated about 92.02 K in cash with (522.04 K) of positive cash flow from operations. |
Mexican 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 Mexican OTC Stock often depends not only on the future outlook of the current and potential Mexican 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. Mexican Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.3 M |
Mexican Gold Technical Analysis
Mexican Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Mexican OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mexican Gold Mining. In general, you should focus on analyzing Mexican OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Mexican Gold Predictive Forecast Models
Mexican Gold's time-series forecasting models is one of many Mexican 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 Mexican 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 Mexican Gold Mining
Checking the ongoing alerts about Mexican Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mexican Gold Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mexican Gold Mining generated a negative expected return over the last 90 days | |
| Mexican Gold Mining has high historical volatility and very poor performance | |
| Mexican Gold Mining has some characteristics of a very speculative penny stock | |
| Mexican Gold Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (739.58 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mexican Gold Mining has accumulated about 92.02 K in cash with (522.04 K) of positive cash flow from operations. |
Other Information on Investing in Mexican OTC Stock
Mexican Gold financial ratios help investors to determine whether Mexican 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 Mexican with respect to the benefits of owning Mexican Gold security.