Prosper Gold Corp Stock Probability of Future Stock Price Finishing Over 0.12
| PGX Stock | CAD 0.1 0.01 5.00% |
Prosper |
Prosper Gold Target Price Odds to finish over 0.12
The tendency of Prosper 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 C$ 0.12 or more in 90 days |
| 0.1 | 90 days | 0.12 | about 25.94 |
Based on a normal probability distribution, the odds of Prosper Gold to move over C$ 0.12 or more in 90 days from now is about 25.94 (This Prosper Gold Corp probability density function shows the probability of Prosper Stock to fall within a particular range of prices over 90 days) . Probability of Prosper Gold Corp price to stay between its current price of C$ 0.1 and C$ 0.12 at the end of the 90-day period is about 57.39 .
Assuming the 90 days horizon Prosper Gold has a beta of 0.0614 indicating as returns on the market go up, Prosper Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prosper Gold Corp will be expected to be much smaller as well. Additionally Prosper Gold Corp 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. Prosper Gold Price Density |
| Price |
Predictive Modules for Prosper 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 Prosper Gold Corp. 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.Prosper Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prosper Gold is not an exception. The market had few large corrections towards the Prosper 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 Prosper Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prosper Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.15 |
Prosper 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 Prosper Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prosper 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.| Prosper Gold Corp generated a negative expected return over the last 90 days | |
| Prosper Gold Corp has some characteristics of a very speculative penny stock | |
| Prosper Gold Corp has high historical volatility and very poor performance | |
| Prosper Gold Corp has accumulated 40 K in total debt. Prosper Gold Corp has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prosper Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Prosper Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prosper Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prosper to invest in growth at high rates of return. When we think about Prosper Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Prosper Gold Corp has accumulated about 53.2 K in cash with (1.55 M) of positive cash flow from operations. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Gold A Textbook Bull - Streetwise Reports |
Prosper 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 Prosper Stock often depends not only on the future outlook of the current and potential Prosper 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. Prosper Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.2 M |
Prosper Gold Technical Analysis
Prosper Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Prosper Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prosper Gold Corp. In general, you should focus on analyzing Prosper Stock price patterns and their correlations with different microeconomic environments and drivers.
Prosper Gold Predictive Forecast Models
Prosper Gold's time-series forecasting models is one of many Prosper 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 Prosper 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 Prosper Gold Corp
Checking the ongoing alerts about Prosper Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prosper Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prosper Gold Corp generated a negative expected return over the last 90 days | |
| Prosper Gold Corp has some characteristics of a very speculative penny stock | |
| Prosper Gold Corp has high historical volatility and very poor performance | |
| Prosper Gold Corp has accumulated 40 K in total debt. Prosper Gold Corp has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prosper Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Prosper Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prosper Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prosper to invest in growth at high rates of return. When we think about Prosper Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Prosper Gold Corp has accumulated about 53.2 K in cash with (1.55 M) of positive cash flow from operations. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Gold A Textbook Bull - Streetwise Reports |
Additional Tools for Prosper Stock Analysis
When running Prosper Gold's price analysis, check to measure Prosper 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 Prosper Gold is operating at the current time. Most of Prosper Gold's value examination focuses on studying past and present price action to predict the probability of Prosper 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 Prosper Gold's price. Additionally, you may evaluate how the addition of Prosper Gold to your portfolios can decrease your overall portfolio volatility.