Contact Gold Corp Probability of Future OTC Stock Price Finishing Over 0.0129
| CGOLFDelisted Stock | USD 0.01 0 40.82% |
Contact |
Contact Gold Target Price Odds to finish over 0.0129
The tendency of Contact 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 Price | Horizon | Target Price | Odds to stay above $ 0.01 in 90 days |
| 0.01 | 90 days | 0.01 | over 95.87 |
Based on a normal probability distribution, the odds of Contact Gold to stay above $ 0.01 in 90 days from now is over 95.87 (This Contact Gold Corp probability density function shows the probability of Contact OTC Stock to fall within a particular range of prices over 90 days) . Probability of Contact Gold Corp price to stay between $ 0.01 and its current price of $0.0138 at the end of the 90-day period is nearly 4.0 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 2.1 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Contact Gold will likely underperform. Additionally Contact Gold Corp 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. Contact Gold Price Density |
| Price |
Predictive Modules for Contact 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 Contact Gold Corp. 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.Contact Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Contact Gold is not an exception. The market had few large corrections towards the Contact 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 Contact Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Contact Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 2.10 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.01 |
Contact 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 Contact Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Contact 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.| Contact Gold Corp is not yet fully synchronised with the market data | |
| Contact Gold Corp has some characteristics of a very speculative penny stock | |
| Contact Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Contact Gold Corp has accumulated about 1.16 M in cash with (5.06 M) of positive cash flow from operations. |
Contact 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 Contact OTC Stock often depends not only on the future outlook of the current and potential Contact 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. Contact Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 301.3 M |
Contact Gold Technical Analysis
Contact Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Contact OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Contact Gold Corp. In general, you should focus on analyzing Contact OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Contact Gold Predictive Forecast Models
Contact Gold's time-series forecasting models is one of many Contact 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 Contact 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 Contact Gold Corp
Checking the ongoing alerts about Contact Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Contact Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Contact Gold Corp is not yet fully synchronised with the market data | |
| Contact Gold Corp has some characteristics of a very speculative penny stock | |
| Contact Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Contact Gold Corp has accumulated about 1.16 M in cash with (5.06 M) of positive cash flow from operations. |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Contact OTC Stock
If you are still planning to invest in Contact Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Contact Gold's history and understand the potential risks before investing.
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