Maple Gold Mines Stock Probability of Future Stock Price Finishing Under 0.0592
| MGM Stock | CAD 0.06 0.01 20.00% |
Maple |
Maple Gold Target Price Odds to finish below 0.0592
The tendency of Maple 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 C$ 0.06 or more in 90 days |
| 0.06 | 90 days | 0.06 | about 6.06 |
Based on a normal probability distribution, the odds of Maple Gold to drop to C$ 0.06 or more in 90 days from now is about 6.06 (This Maple Gold Mines probability density function shows the probability of Maple Stock to fall within a particular range of prices over 90 days) . Probability of Maple Gold Mines price to stay between C$ 0.06 and its current price of C$0.06 at the end of the 90-day period is about 1.16 .
Assuming the 90 days horizon Maple Gold has a beta of 0.46. This indicates as returns on the market go up, Maple Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Maple Gold Mines will be expected to be much smaller as well. Additionally Maple Gold Mines 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. Maple Gold Price Density |
| Price |
Predictive Modules for Maple 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 Maple Gold Mines. 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.Maple Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Maple Gold is not an exception. The market had few large corrections towards the Maple 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 Maple Gold Mines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Maple Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.08 |
Maple 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 Maple Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Maple Gold Mines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Maple Gold Mines generated a negative expected return over the last 90 days | |
| Maple Gold Mines has high historical volatility and very poor performance | |
| Maple Gold Mines has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (7.03 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Maple Gold Mines has accumulated about 4.04 M in cash with (6.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Weve got 100 percent control of a district-scale land package with an established resource of 3 million ounces - Maple Gold Mines Kiran Patankar - Kitco NEWS |
Maple 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 Maple Stock often depends not only on the future outlook of the current and potential Maple 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. Maple Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 339.1 M | |
| Cash And Short Term Investments | 3.5 M |
Maple Gold Technical Analysis
Maple Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Maple Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Maple Gold Mines. In general, you should focus on analyzing Maple Stock price patterns and their correlations with different microeconomic environments and drivers.
Maple Gold Predictive Forecast Models
Maple Gold's time-series forecasting models is one of many Maple Gold'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 Maple 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 stock market movement and maximize returns from investment trading.
Things to note about Maple Gold Mines
Checking the ongoing alerts about Maple Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Maple Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Maple Gold Mines generated a negative expected return over the last 90 days | |
| Maple Gold Mines has high historical volatility and very poor performance | |
| Maple Gold Mines has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (7.03 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Maple Gold Mines has accumulated about 4.04 M in cash with (6.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Weve got 100 percent control of a district-scale land package with an established resource of 3 million ounces - Maple Gold Mines Kiran Patankar - Kitco NEWS |
Additional Tools for Maple Stock Analysis
When running Maple Gold's price analysis, check to measure Maple Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Maple Gold is operating at the current time. Most of Maple Gold's value examination focuses on studying past and present price action to predict the probability of Maple Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maple Gold's price. Additionally, you may evaluate how the addition of Maple Gold to your portfolios can decrease your overall portfolio volatility.