Freegold Ventures Limited Stock Probability of Future OTC Stock Price Finishing Under 0.5
| FGOVF Stock | USD 0.48 0.02 4.00% |
Freegold |
Freegold Ventures Target Price Odds to finish below 0.5
The tendency of Freegold 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 under $ 0.50 after 90 days |
| 0.48 | 90 days | 0.50 | about 12.61 |
Based on a normal probability distribution, the odds of Freegold Ventures to stay under $ 0.50 after 90 days from now is about 12.61 (This Freegold Ventures Limited probability density function shows the probability of Freegold OTC Stock to fall within a particular range of prices over 90 days) . Probability of Freegold Ventures price to stay between its current price of $ 0.48 and $ 0.50 at the end of the 90-day period is roughly 2.73 .
Assuming the 90 days horizon Freegold Ventures has a beta of 0.51. This usually indicates as returns on the market go up, Freegold Ventures average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Freegold Ventures Limited will be expected to be much smaller as well. Additionally Freegold Ventures Limited 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. Freegold Ventures Price Density |
| Price |
Predictive Modules for Freegold Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freegold Ventures. 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 Freegold Ventures' 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.
Freegold Ventures Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Freegold Ventures is not an exception. The market had few large corrections towards the Freegold Ventures' 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 Freegold Ventures Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Freegold Ventures within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.87 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.22 |
Freegold Ventures 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 Freegold Ventures for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Freegold 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.| Freegold Ventures generated a negative expected return over the last 90 days | |
| Freegold Ventures has some characteristics of a very speculative penny stock | |
| Freegold Ventures has high historical volatility and very poor performance | |
| Net Loss for the year was (2.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Freegold Ventures Limited has accumulated about 8.81 M in cash with (647.01 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Osisko Announces Acquisition of Additional Gibraltar Silver Stream Interest and Closing of the ... |
Freegold Ventures 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 Freegold OTC Stock often depends not only on the future outlook of the current and potential Freegold Ventures' 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. Freegold Ventures' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 337.5 M |
Freegold Ventures Technical Analysis
Freegold Ventures' future price can be derived by breaking down and analyzing its technical indicators over time. Freegold OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Freegold Ventures Limited. In general, you should focus on analyzing Freegold OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Freegold Ventures Predictive Forecast Models
Freegold Ventures' time-series forecasting models is one of many Freegold Ventures' 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 Freegold Ventures' 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 Freegold Ventures
Checking the ongoing alerts about Freegold Ventures for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Freegold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Freegold Ventures generated a negative expected return over the last 90 days | |
| Freegold Ventures has some characteristics of a very speculative penny stock | |
| Freegold Ventures has high historical volatility and very poor performance | |
| Net Loss for the year was (2.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Freegold Ventures Limited has accumulated about 8.81 M in cash with (647.01 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Osisko Announces Acquisition of Additional Gibraltar Silver Stream Interest and Closing of the ... |
Other Information on Investing in Freegold OTC Stock
Freegold Ventures financial ratios help investors to determine whether Freegold 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 Freegold with respect to the benefits of owning Freegold Ventures security.