Independence Gold Corp Stock Analysis

Independence OTC Stock Analysis Notes

About 24.0% of the company shares are held by company insiders. The book value of Independence Gold was currently reported as 0.04. The company recorded a loss per share of 0.08. Independence Gold Corp had not issued any dividends in recent years. Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. Independence Gold operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Independence Gold Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Independence Gold Corp call the company at 604 687 3959 or check out https://www.ingold.ca.

Independence Gold Corp Investment Alerts

Independence Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Independence Gold's market, we take the total number of its shares issued and multiply it by Independence 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 27th of November, Independence Gold retains the Downside Deviation of 6.99, risk adjusted performance of 0.0314, and Market Risk Adjusted Performance of 0.3278. Independence Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Independence Gold Corp, which can be compared to its competitors. Please check out Independence Gold Corp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Independence Gold is priced fairly, providing market reflects its last-minute price of 0.16 per share. As Independence Gold Corp appears to be a penny stock we also urge to confirm its total risk alpha numbers.

Independence Gold Corp Price Movement Analysis

Independence Gold Predictive Daily Indicators

Independence Gold Forecast Models

Independence Gold's time-series forecasting models are one of many Independence Gold's otc 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 Independence 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.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Independence 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 Independence shares will generate the highest return on investment. We also built our otc 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 OTC such as Independence Gold. By using and applying Independence OTC Stock analysis, traders can create a robust methodology for identifying Independence entry and exit points for their positions.

When running Independence Gold's price analysis, check to measure Independence 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 Independence Gold is operating at the current time. Most of Independence Gold's value examination focuses on studying past and present price action to predict the probability of Independence 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 Independence Gold's price. Additionally, you may evaluate how the addition of Independence Gold to your portfolios can decrease your overall portfolio volatility.