Desert Gold Ventures Stock Probability of Future Stock Price Finishing Over 0.065
| DAU Stock | CAD 0.07 0.01 8.33% |
Desert |
Desert Gold Target Price Odds to finish over 0.065
The tendency of Desert 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 move above the current price in 90 days |
| 0.07 | 90 days | 0.07 | about 99.0 |
Based on a normal probability distribution, the odds of Desert Gold to move above the current price in 90 days from now is about 99.0 (This Desert Gold Ventures probability density function shows the probability of Desert Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Desert Gold has a beta of 0.21 suggesting as returns on the market go up, Desert Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Desert Gold Ventures will be expected to be much smaller as well. Additionally Desert Gold Ventures 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. Desert Gold Price Density |
| Price |
Predictive Modules for Desert 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 Desert Gold Ventures. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Desert Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Desert Gold is not an exception. The market had few large corrections towards the Desert 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 Desert Gold Ventures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Desert Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.02 |
Desert 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 Desert Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Desert Gold Ventures can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Desert Gold Ventures generated a negative expected return over the last 90 days | |
| Desert Gold Ventures has some characteristics of a very speculative penny stock | |
| Desert Gold Ventures has high historical volatility and very poor performance | |
| Desert Gold Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Desert Gold Ventures has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Desert Gold Ventures has accumulated 124.11 K in total debt with debt to equity ratio (D/E) of 466.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Desert Gold Ventures has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Desert Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Desert Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Desert Gold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Desert to invest in growth at high rates of return. When we think about Desert Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (984.93 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Desert Gold Ventures has accumulated about 44 K in cash with (1.23 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Desert Gold Ventures Reports Promising Drill Results - TipRanks |
Desert 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 Desert Stock often depends not only on the future outlook of the current and potential Desert 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. Desert Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 159.5 M | |
| Cash And Short Term Investments | 279.6 K |
Desert Gold Technical Analysis
Desert Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Desert Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Desert Gold Ventures. In general, you should focus on analyzing Desert Stock price patterns and their correlations with different microeconomic environments and drivers.
Desert Gold Predictive Forecast Models
Desert Gold's time-series forecasting models is one of many Desert Gold's 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 Desert 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 stock market movement and maximize returns from investment trading.
Things to note about Desert Gold Ventures
Checking the ongoing alerts about Desert Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Desert Gold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Desert Gold Ventures generated a negative expected return over the last 90 days | |
| Desert Gold Ventures has some characteristics of a very speculative penny stock | |
| Desert Gold Ventures has high historical volatility and very poor performance | |
| Desert Gold Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Desert Gold Ventures has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Desert Gold Ventures has accumulated 124.11 K in total debt with debt to equity ratio (D/E) of 466.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Desert Gold Ventures has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Desert Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Desert Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Desert Gold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Desert to invest in growth at high rates of return. When we think about Desert Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (984.93 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Desert Gold Ventures has accumulated about 44 K in cash with (1.23 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Desert Gold Ventures Reports Promising Drill Results - TipRanks |
Additional Tools for Desert Stock Analysis
When running Desert Gold's price analysis, check to measure Desert 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 Desert Gold is operating at the current time. Most of Desert Gold's value examination focuses on studying past and present price action to predict the probability of Desert 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 Desert Gold's price. Additionally, you may evaluate how the addition of Desert Gold to your portfolios can decrease your overall portfolio volatility.