Allegiant Gold Stock Probability of Future OTC Stock Price Finishing Over 19.89

AUXXF Stock  USD 0.09  0  1.09%   
Allegiant Gold's future price is the expected price of Allegiant Gold instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Allegiant Gold performance during a given time horizon utilizing its historical volatility. Check out Allegiant Gold Backtesting, Allegiant Gold Valuation, Allegiant Gold Correlation, Allegiant Gold Hype Analysis, Allegiant Gold Volatility, Allegiant Gold History as well as Allegiant Gold Performance.
  
Please specify Allegiant Gold's target price for which you would like Allegiant Gold odds to be computed.

Allegiant Gold Target Price Odds to finish over 19.89

The tendency of Allegiant 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 PriceHorizonTarget PriceOdds to move over $ 19.89  or more in 90 days
 0.09 90 days 19.89 
close to zero percent
Based on a normal probability distribution, the odds of Allegiant Gold to move over $ 19.89  or more in 90 days from now is close to zero percent (This Allegiant Gold probability density function shows the probability of Allegiant OTC Stock to fall within a particular range of prices over 90 days) . Probability of Allegiant Gold price to stay between its current price of $ 0.09  and $ 19.89  at the end of the 90-day period is about 97.0 .
Assuming the 90 days horizon Allegiant Gold has a beta of -0.27. This suggests as returns on the benchmark increase, returns on holding Allegiant Gold are expected to decrease at a much lower rate. During a bear market, however, Allegiant Gold is likely to outperform the market. Additionally Allegiant Gold has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Allegiant Gold Price Density   
       Price  

Predictive Modules for Allegiant 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 Allegiant Gold. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allegiant Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.096.67
Details
Intrinsic
Valuation
LowRealHigh
0.000.096.67
Details

Allegiant Gold Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Allegiant Gold is not an exception. The market had few large corrections towards the Allegiant 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 Allegiant Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allegiant Gold within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.3
β
Beta against Dow Jones-0.27
σ
Overall volatility
0.02
Ir
Information ratio -0.06

Allegiant 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 Allegiant Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allegiant Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Allegiant Gold generated a negative expected return over the last 90 days
Allegiant Gold has high historical volatility and very poor performance
Allegiant Gold has some characteristics of a very speculative penny stock
Allegiant Gold has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0.
Allegiant Gold has accumulated about 6.72 M in cash with (974.56 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Roughly 22.0% of the company shares are held by company insiders

Allegiant 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 Allegiant OTC Stock often depends not only on the future outlook of the current and potential Allegiant 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. Allegiant Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding102.4 M

Allegiant Gold Technical Analysis

Allegiant Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Allegiant OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allegiant Gold. In general, you should focus on analyzing Allegiant OTC Stock price patterns and their correlations with different microeconomic environments and drivers.

Allegiant Gold Predictive Forecast Models

Allegiant Gold's time-series forecasting models is one of many Allegiant 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 Allegiant 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 Allegiant Gold

Checking the ongoing alerts about Allegiant Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allegiant Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Allegiant Gold generated a negative expected return over the last 90 days
Allegiant Gold has high historical volatility and very poor performance
Allegiant Gold has some characteristics of a very speculative penny stock
Allegiant Gold has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0.
Allegiant Gold has accumulated about 6.72 M in cash with (974.56 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Roughly 22.0% of the company shares are held by company insiders

Other Information on Investing in Allegiant OTC Stock

Allegiant Gold financial ratios help investors to determine whether Allegiant 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 Allegiant with respect to the benefits of owning Allegiant Gold security.