Providence Gold (Germany) Analysis
| 7RH1 Stock | EUR 0.02 0 13.79% |
Providence Gold Mines is overvalued with Real Value of 0.0126 and Hype Value of 0.02. The main objective of Providence Gold stock analysis is to determine its intrinsic value, which is an estimate of what Providence Gold Mines is worth, separate from its market price. There are two main types of Providence Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Providence Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Providence Gold's stock to identify patterns and trends that may indicate its future price movements.
The Providence Gold stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Providence Gold's ongoing operational relationships across important fundamental and technical indicators.
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Providence Stock Analysis Notes
About 14.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.61. In the past many companies with similar price-to-book ratios have beat the market. Providence Gold Mines recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 26th of July 2016. Providence Gold Mines Inc. engages in the exploration and evaluation of mineral properties located in California, the United States and British Columbia, Canada. Providence Gold Mines Inc. was incorporated in 2010 and is based in Vancouver, Canada. Providence Gold operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. For more info on Providence Gold Mines please contact Ronald Coombes at 604 688 8200 or go to https://www.providencegold.com.Providence Gold Mines Investment Alerts
| Providence Gold is way too risky over 90 days horizon | |
| Providence Gold has some characteristics of a very speculative penny stock | |
| Providence Gold appears to be risky and price may revert if volatility continues | |
| Providence Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (645.48 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Providence Gold Mines has accumulated about 127.27 K in cash with (520.34 K) of positive cash flow from operations. | |
| Roughly 14.0% of the company shares are owned by insiders or employees |
Providence Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Providence Gold's market, we take the total number of its shares issued and multiply it by Providence Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 2nd of December, Providence Gold holds the Semi Deviation of 24.19, risk adjusted performance of 0.1478, and Coefficient Of Variation of 553.79. Providence Gold Mines technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Providence Gold Mines variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Providence Gold Mines is priced some-what accurately, providing market reflects its current price of 0.0165 per share.Providence Gold Mines Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Providence Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Providence Gold Mines. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Providence Gold Outstanding Bonds
Providence Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Providence Gold Mines uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Providence bonds can be classified according to their maturity, which is the date when Providence Gold Mines has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Providence Gold Predictive Daily Indicators
Providence Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Providence Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.14 | |||
| Day Median Price | 0.0165 | |||
| Day Typical Price | 0.0165 | |||
| Price Action Indicator | 0.001 | |||
| Period Momentum Indicator | 0.002 |
Providence Gold Forecast Models
Providence Gold's time-series forecasting models are one of many Providence Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Providence 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 market movement and maximize returns from investment trading.About Providence Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Providence Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Providence shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Providence Gold. By using and applying Providence Stock analysis, traders can create a robust methodology for identifying Providence entry and exit points for their positions.
Providence Gold Mines Inc. engages in the exploration and evaluation of mineral properties located in California, the United States and British Columbia, Canada. Providence Gold Mines Inc. was incorporated in 2010 and is based in Vancouver, Canada. Providence Gold operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange.
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When running Providence Gold's price analysis, check to measure Providence Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Providence Gold is operating at the current time. Most of Providence Gold's value examination focuses on studying past and present price action to predict the probability of Providence Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Providence Gold's price. Additionally, you may evaluate how the addition of Providence Gold to your portfolios can decrease your overall portfolio volatility.
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