Radius Gold Stock Probability of Future Stock Price Finishing Over 0.064
| RDU Stock | CAD 0.07 0.01 6.25% |
Radius |
Radius Gold Target Price Odds to finish over 0.064
The tendency of Radius 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 stay above C$ 0.06 in 90 days |
| 0.07 | 90 days | 0.06 | close to 99 |
Based on a normal probability distribution, the odds of Radius Gold to stay above C$ 0.06 in 90 days from now is close to 99 (This Radius Gold probability density function shows the probability of Radius Stock to fall within a particular range of prices over 90 days) . Probability of Radius Gold price to stay between C$ 0.06 and its current price of C$0.075 at the end of the 90-day period is about 6.03 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.59 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Radius Gold will likely underperform. Additionally Radius Gold 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. Radius Gold Price Density |
| Price |
Predictive Modules for Radius 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 Radius Gold. 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.Radius Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Radius Gold is not an exception. The market had few large corrections towards the Radius 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 Radius Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Radius Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 2.59 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0073 |
Radius 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 Radius Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Radius 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.| Radius Gold had very high historical volatility over the last 90 days | |
| Radius Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Radius Gold has accumulated about 5.16 M in cash with (2.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. |
Radius 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 Radius Stock often depends not only on the future outlook of the current and potential Radius 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. Radius Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 94.1 M | |
| Cash And Short Term Investments | 1.9 M |
Radius Gold Technical Analysis
Radius Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Radius Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Radius Gold. In general, you should focus on analyzing Radius Stock price patterns and their correlations with different microeconomic environments and drivers.
Radius Gold Predictive Forecast Models
Radius Gold's time-series forecasting models is one of many Radius 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 Radius 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 Radius Gold
Checking the ongoing alerts about Radius Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Radius Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Radius Gold had very high historical volatility over the last 90 days | |
| Radius Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Radius Gold has accumulated about 5.16 M in cash with (2.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. |
Additional Tools for Radius Stock Analysis
When running Radius Gold's price analysis, check to measure Radius 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 Radius Gold is operating at the current time. Most of Radius Gold's value examination focuses on studying past and present price action to predict the probability of Radius 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 Radius Gold's price. Additionally, you may evaluate how the addition of Radius Gold to your portfolios can decrease your overall portfolio volatility.