Signal Gold Stock Probability of Future Stock Price Finishing Under 0.0606
| SGNL Stock | 0.07 0.01 7.14% |
Signal |
Signal Gold Target Price Odds to finish below 0.0606
The tendency of Signal 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 0.06 or more in 90 days |
| 0.07 | 90 days | 0.06 | near 1 |
Based on a normal probability distribution, the odds of Signal Gold to drop to 0.06 or more in 90 days from now is near 1 (This Signal Gold probability density function shows the probability of Signal Stock to fall within a particular range of prices over 90 days) . Probability of Signal Gold price to stay between 0.06 and its current price of 0.075 at the end of the 90-day period is about 7.64 .
Assuming the 90 days trading horizon Signal Gold has a beta of -0.66. This usually implies as returns on the benchmark increase, returns on holding Signal Gold are expected to decrease at a much lower rate. During a bear market, however, Signal Gold is likely to outperform the market. Additionally Signal 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. Signal Gold Price Density |
| Price |
Predictive Modules for Signal 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 Signal 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.Signal Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Signal Gold is not an exception. The market had few large corrections towards the Signal 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 Signal Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Signal Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.66 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Signal 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 Signal Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Signal 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.| Signal Gold generated a negative expected return over the last 90 days | |
| Signal Gold has high historical volatility and very poor performance | |
| Signal Gold has some characteristics of a very speculative penny stock | |
| Signal Gold has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 41.77 M. Net Loss for the year was (15 M) with profit before overhead, payroll, taxes, and interest of 9.88 M. | |
| Signal Gold has accumulated about 9.25 M in cash with (3.25 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Signal Gold Gains Support for Strategic Merger Plans - TipRanks |
Signal 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 Signal Stock often depends not only on the future outlook of the current and potential Signal 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. Signal Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 223.5 M | |
| Cash And Short Term Investments | 9.9 M |
Signal Gold Technical Analysis
Signal Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Signal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Signal Gold. In general, you should focus on analyzing Signal Stock price patterns and their correlations with different microeconomic environments and drivers.
Signal Gold Predictive Forecast Models
Signal Gold's time-series forecasting models is one of many Signal 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 Signal 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 Signal Gold
Checking the ongoing alerts about Signal Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Signal Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Signal Gold generated a negative expected return over the last 90 days | |
| Signal Gold has high historical volatility and very poor performance | |
| Signal Gold has some characteristics of a very speculative penny stock | |
| Signal Gold has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 41.77 M. Net Loss for the year was (15 M) with profit before overhead, payroll, taxes, and interest of 9.88 M. | |
| Signal Gold has accumulated about 9.25 M in cash with (3.25 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Signal Gold Gains Support for Strategic Merger Plans - TipRanks |
Other Information on Investing in Signal Stock
Signal Gold financial ratios help investors to determine whether Signal 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 Signal with respect to the benefits of owning Signal Gold security.