Caledonia Mining Stock Forecast - Daily Balance Of Power
| CMCL Stock | USD 10.73 0.46 4.11% |
Caledonia Stock Forecast is based on your current time horizon. Although Caledonia Mining's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Caledonia Mining's systematic risk associated with finding meaningful patterns of Caledonia Mining fundamentals over time.
Caledonia |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.0889 | 0.7872 |
| Check Caledonia Mining Volatility | Backtest Caledonia Mining | Trend Details |
Caledonia Mining Trading Date Momentum
| On December 20 2023 Caledonia Mining was traded for 12.13 at the closing time. The top price for the day was 12.51 and the lowest listed price was 12.05 . The trading volume for the day was 62.9 K. The trading history from December 20, 2023 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.33% . The overall trading delta against the current closing price is 4.22% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Caledonia Mining to competition |
Other Forecasting Options for Caledonia Mining
For every potential investor in Caledonia, whether a beginner or expert, Caledonia Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Caledonia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Caledonia. Basic forecasting techniques help filter out the noise by identifying Caledonia Mining's price trends.Caledonia Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Caledonia Mining stock to make a market-neutral strategy. Peer analysis of Caledonia Mining could also be used in its relative valuation, which is a method of valuing Caledonia Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Caledonia Mining Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Caledonia Mining's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Caledonia Mining's current price.| Cycle Indicators | ||
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| Volume Indicators |
Caledonia Mining Market Strength Events
Market strength indicators help investors to evaluate how Caledonia Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caledonia Mining shares will generate the highest return on investment. By undertsting and applying Caledonia Mining stock market strength indicators, traders can identify Caledonia Mining entry and exit signals to maximize returns.
Caledonia Mining Risk Indicators
The analysis of Caledonia Mining's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Caledonia Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting caledonia stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.13 | |||
| Standard Deviation | 2.96 | |||
| Variance | 8.78 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Caledonia Mining to cross-verify your projections. For more information on how to buy Caledonia Stock please use our How to buy in Caledonia Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caledonia Mining. If investors know Caledonia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caledonia Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.56 | Earnings Share 0.48 | Revenue Per Share 8.621 | Quarterly Revenue Growth 0.14 |
The market value of Caledonia Mining is measured differently than its book value, which is the value of Caledonia that is recorded on the company's balance sheet. Investors also form their own opinion of Caledonia Mining's value that differs from its market value or its book value, called intrinsic value, which is Caledonia Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caledonia Mining's market value can be influenced by many factors that don't directly affect Caledonia Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caledonia Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caledonia Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caledonia Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.