Thunder Gold Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.0003
| TGOLF Stock | 0.03 0.0004 1.48% |
Thunder |
Thunder Gold Target Price Odds to finish below 0.0003
The tendency of Thunder Pink Sheet 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 0.0003 or more in 90 days |
| 0.03 | 90 days | 0.0003 | near 1 |
Based on a normal probability distribution, the odds of Thunder Gold to drop to 0.0003 or more in 90 days from now is near 1 (This Thunder Gold Corp probability density function shows the probability of Thunder Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Thunder Gold Corp price to stay between 0.0003 and its current price of 0.0267 at the end of the 90-day period is about 28.3 .
Assuming the 90 days horizon Thunder Gold Corp has a beta of -3.09. This usually implies as returns on its benchmark rise, returns on holding Thunder Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Thunder Gold is expected to outperform its benchmark. Moreover Thunder Gold Corp has an alpha of 1.939, implying that it can generate a 1.94 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thunder Gold Price Density |
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Predictive Modules for Thunder 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 Thunder Gold Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Thunder Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thunder Gold is not an exception. The market had few large corrections towards the Thunder 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 Thunder Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thunder Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.94 | |
β | Beta against Dow Jones | -3.09 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Thunder 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 Thunder Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thunder 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.| Thunder Gold Corp is way too risky over 90 days horizon | |
| Thunder Gold Corp has some characteristics of a very speculative penny stock | |
| Thunder Gold Corp appears to be risky and price may revert if volatility continues |
Thunder Gold Technical Analysis
Thunder Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Thunder Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thunder Gold Corp. In general, you should focus on analyzing Thunder Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Thunder Gold Predictive Forecast Models
Thunder Gold's time-series forecasting models is one of many Thunder Gold's pink sheet 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 Thunder 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Thunder Gold Corp
Checking the ongoing alerts about Thunder Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thunder Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thunder Gold Corp is way too risky over 90 days horizon | |
| Thunder Gold Corp has some characteristics of a very speculative penny stock | |
| Thunder Gold Corp appears to be risky and price may revert if volatility continues |