Mount Gibson (Australia) Probability of Future Stock Price Finishing Over 3.55
| MGX Stock | 0.30 0.01 3.23% |
Mount |
Mount Gibson Target Price Odds to finish over 3.55
The tendency of Mount 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 3.55 or more in 90 days |
| 0.30 | 90 days | 3.55 | close to zero percent |
Based on a normal probability distribution, the odds of Mount Gibson to move over 3.55 or more in 90 days from now is close to zero percent (This Mount Gibson Iron probability density function shows the probability of Mount Stock to fall within a particular range of prices over 90 days) . Probability of Mount Gibson Iron price to stay between its current price of 0.30 and 3.55 at the end of the 90-day period is about 74.75 .
Assuming the 90 days trading horizon Mount Gibson Iron has a beta of -0.16. This indicates as returns on the benchmark increase, returns on holding Mount Gibson are expected to decrease at a much lower rate. During a bear market, however, Mount Gibson Iron is likely to outperform the market. Additionally Mount Gibson Iron 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. Mount Gibson Price Density |
| Price |
Predictive Modules for Mount Gibson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mount Gibson Iron. 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.Mount Gibson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mount Gibson is not an exception. The market had few large corrections towards the Mount Gibson'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 Mount Gibson Iron, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mount Gibson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.06 |
Mount Gibson 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 Mount Gibson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mount Gibson Iron can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mount Gibson Iron generated a negative expected return over the last 90 days | |
| Mount Gibson Iron has some characteristics of a very speculative penny stock | |
| Mount Gibson Iron has high historical volatility and very poor performance | |
| Mount Gibson Iron is unlikely to experience financial distress in the next 2 years | |
| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Mount Gibson Iron Warns of Speculative Nature of Shares - TipRanks |
Mount Gibson 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 Mount Stock often depends not only on the future outlook of the current and potential Mount Gibson'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. Mount Gibson's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Cash And Short Term Investments | 463 M |
Mount Gibson Technical Analysis
Mount Gibson's future price can be derived by breaking down and analyzing its technical indicators over time. Mount Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mount Gibson Iron. In general, you should focus on analyzing Mount Stock price patterns and their correlations with different microeconomic environments and drivers.
Mount Gibson Predictive Forecast Models
Mount Gibson's time-series forecasting models is one of many Mount Gibson'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 Mount Gibson'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 Mount Gibson Iron
Checking the ongoing alerts about Mount Gibson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mount Gibson Iron help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mount Gibson Iron generated a negative expected return over the last 90 days | |
| Mount Gibson Iron has some characteristics of a very speculative penny stock | |
| Mount Gibson Iron has high historical volatility and very poor performance | |
| Mount Gibson Iron is unlikely to experience financial distress in the next 2 years | |
| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Mount Gibson Iron Warns of Speculative Nature of Shares - TipRanks |
Additional Tools for Mount Stock Analysis
When running Mount Gibson's price analysis, check to measure Mount Gibson'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 Mount Gibson is operating at the current time. Most of Mount Gibson's value examination focuses on studying past and present price action to predict the probability of Mount Gibson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mount Gibson's price. Additionally, you may evaluate how the addition of Mount Gibson to your portfolios can decrease your overall portfolio volatility.