Soma Gold Corp Stock Probability of Future OTC Stock Price Finishing Over 0.4032
| SMAGF Stock | USD 0.42 0.01 2.33% |
Soma |
Soma Gold Target Price Odds to finish over 0.4032
The tendency of Soma OTC 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 $ 0.40 in 90 days |
| 0.42 | 90 days | 0.40 | about 50.0 |
Based on a normal probability distribution, the odds of Soma Gold to stay above $ 0.40 in 90 days from now is about 50.0 (This Soma Gold Corp probability density function shows the probability of Soma OTC Stock to fall within a particular range of prices over 90 days) . Probability of Soma Gold Corp price to stay between $ 0.40 and its current price of $0.42 at the end of the 90-day period is about 19.1 .
Assuming the 90 days horizon Soma Gold Corp has a beta of -0.43. This usually implies as returns on the benchmark increase, returns on holding Soma Gold are expected to decrease at a much lower rate. During a bear market, however, Soma Gold Corp is likely to outperform the market. Additionally Soma Gold Corp has an alpha of 0.4867, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Soma Gold Price Density |
| Price |
Predictive Modules for Soma 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 Soma Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Soma Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Soma Gold is not an exception. The market had few large corrections towards the Soma 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 Soma Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Soma Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -0.43 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.08 |
Soma 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 Soma Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Soma 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.| Soma Gold Corp has some characteristics of a very speculative penny stock | |
| Soma Gold Corp appears to be risky and price may revert if volatility continues | |
| Soma Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 39.97 M. Net Loss for the year was (1.22 M) with profit before overhead, payroll, taxes, and interest of 8.39 M. | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Soma 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 Soma OTC Stock often depends not only on the future outlook of the current and potential Soma 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. Soma Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.1 M |
Soma Gold Technical Analysis
Soma Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Soma OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Soma Gold Corp. In general, you should focus on analyzing Soma OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Soma Gold Predictive Forecast Models
Soma Gold's time-series forecasting models is one of many Soma Gold's otc 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 Soma 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 otc stock market movement and maximize returns from investment trading.
Things to note about Soma Gold Corp
Checking the ongoing alerts about Soma Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Soma Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Soma Gold Corp has some characteristics of a very speculative penny stock | |
| Soma Gold Corp appears to be risky and price may revert if volatility continues | |
| Soma Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 39.97 M. Net Loss for the year was (1.22 M) with profit before overhead, payroll, taxes, and interest of 8.39 M. | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Soma OTC Stock
Soma Gold financial ratios help investors to determine whether Soma OTC 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 Soma with respect to the benefits of owning Soma Gold security.