Rtg Mining Stock Probability of Future Stock Price Finishing Under 0.037
| RTG Stock | CAD 0.04 0.01 16.67% |
RTG |
RTG Mining Target Price Odds to finish below 0.037
The tendency of RTG 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 under C$ 0.04 after 90 days |
| 0.04 | 90 days | 0.04 | about 30.88 |
Based on a normal probability distribution, the odds of RTG Mining to stay under C$ 0.04 after 90 days from now is about 30.88 (This RTG Mining probability density function shows the probability of RTG Stock to fall within a particular range of prices over 90 days) . Probability of RTG Mining price to stay between its current price of C$ 0.04 and C$ 0.04 at the end of the 90-day period is about 13.81 .
Assuming the 90 days trading horizon RTG Mining has a beta of -4.37 indicating as returns on its benchmark rise, returns on holding RTG Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, RTG Mining is expected to outperform its benchmark. Additionally RTG Mining has an alpha of 0.898, implying that it can generate a 0.9 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RTG Mining Price Density |
| Price |
Predictive Modules for RTG Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RTG Mining. 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.RTG Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RTG Mining is not an exception. The market had few large corrections towards the RTG Mining'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 RTG Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RTG Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.90 | |
β | Beta against Dow Jones | -4.37 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
RTG Mining 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 RTG Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RTG 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.| RTG Mining had very high historical volatility over the last 90 days | |
| RTG Mining has some characteristics of a very speculative penny stock | |
| RTG Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.44 M) with profit before overhead, payroll, taxes, and interest of 351. | |
| RTG Mining has accumulated about 10.32 M in cash with (3.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
RTG Mining 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 RTG Stock often depends not only on the future outlook of the current and potential RTG Mining'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. RTG Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 961.9 M | |
| Cash And Short Term Investments | 4.4 M |
RTG Mining Technical Analysis
RTG Mining's future price can be derived by breaking down and analyzing its technical indicators over time. RTG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RTG Mining. In general, you should focus on analyzing RTG Stock price patterns and their correlations with different microeconomic environments and drivers.
RTG Mining Predictive Forecast Models
RTG Mining's time-series forecasting models is one of many RTG Mining'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 RTG Mining'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 RTG Mining
Checking the ongoing alerts about RTG Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RTG Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RTG Mining had very high historical volatility over the last 90 days | |
| RTG Mining has some characteristics of a very speculative penny stock | |
| RTG Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.44 M) with profit before overhead, payroll, taxes, and interest of 351. | |
| RTG Mining has accumulated about 10.32 M in cash with (3.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in RTG Stock
RTG Mining financial ratios help investors to determine whether RTG 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 RTG with respect to the benefits of owning RTG Mining security.