Stellar Africagold Stock Probability of Future Stock Price Finishing Over 0.0527
| SPX Stock | CAD 0.06 0.00 0.00% |
Stellar |
Stellar AfricaGold Target Price Odds to finish over 0.0527
The tendency of Stellar 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 C$ 0.05 in 90 days |
| 0.06 | 90 days | 0.05 | close to 99 |
Based on a normal probability distribution, the odds of Stellar AfricaGold to stay above C$ 0.05 in 90 days from now is close to 99 (This Stellar AfricaGold probability density function shows the probability of Stellar Stock to fall within a particular range of prices over 90 days) . Probability of Stellar AfricaGold price to stay between C$ 0.05 and its current price of C$0.06 at the end of the 90-day period is roughly 2.24 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.77 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Stellar AfricaGold will likely underperform. Additionally Stellar AfricaGold has an alpha of 0.1625, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Stellar AfricaGold Price Density |
| Price |
Predictive Modules for Stellar AfricaGold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stellar AfricaGold. 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.Stellar AfricaGold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stellar AfricaGold is not an exception. The market had few large corrections towards the Stellar AfricaGold'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 Stellar AfricaGold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stellar AfricaGold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 1.77 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.02 |
Stellar AfricaGold 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 Stellar AfricaGold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stellar AfricaGold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stellar AfricaGold had very high historical volatility over the last 90 days | |
| Stellar AfricaGold has some characteristics of a very speculative penny stock | |
| Stellar AfricaGold has high likelihood to experience some financial distress in the next 2 years | |
| Stellar AfricaGold has accumulated 394.89 K in total debt. Stellar AfricaGold has a current ratio of 0.03, 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 Stellar AfricaGold until it has trouble settling it off, either with new capital or with free cash flow. So, Stellar AfricaGold'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 Stellar AfricaGold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stellar to invest in growth at high rates of return. When we think about Stellar AfricaGold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.17 M) with loss before overhead, payroll, taxes, and interest of (180 K). | |
| Stellar AfricaGold has accumulated about 23.62 K in cash with (760.05 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Stellar AfricaGold Inc. Reports Earnings Results for the First Quarter Ended October 31, 2024 - Marketscreener.com |
Stellar AfricaGold 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 Stellar Stock often depends not only on the future outlook of the current and potential Stellar AfricaGold'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. Stellar AfricaGold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.4 M | |
| Cash And Short Term Investments | 360.8 K |
Stellar AfricaGold Technical Analysis
Stellar AfricaGold's future price can be derived by breaking down and analyzing its technical indicators over time. Stellar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stellar AfricaGold. In general, you should focus on analyzing Stellar Stock price patterns and their correlations with different microeconomic environments and drivers.
Stellar AfricaGold Predictive Forecast Models
Stellar AfricaGold's time-series forecasting models is one of many Stellar AfricaGold'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 Stellar AfricaGold'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 Stellar AfricaGold
Checking the ongoing alerts about Stellar AfricaGold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stellar AfricaGold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stellar AfricaGold had very high historical volatility over the last 90 days | |
| Stellar AfricaGold has some characteristics of a very speculative penny stock | |
| Stellar AfricaGold has high likelihood to experience some financial distress in the next 2 years | |
| Stellar AfricaGold has accumulated 394.89 K in total debt. Stellar AfricaGold has a current ratio of 0.03, 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 Stellar AfricaGold until it has trouble settling it off, either with new capital or with free cash flow. So, Stellar AfricaGold'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 Stellar AfricaGold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stellar to invest in growth at high rates of return. When we think about Stellar AfricaGold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.17 M) with loss before overhead, payroll, taxes, and interest of (180 K). | |
| Stellar AfricaGold has accumulated about 23.62 K in cash with (760.05 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Stellar AfricaGold Inc. Reports Earnings Results for the First Quarter Ended October 31, 2024 - Marketscreener.com |
Additional Tools for Stellar Stock Analysis
When running Stellar AfricaGold's price analysis, check to measure Stellar AfricaGold'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 Stellar AfricaGold is operating at the current time. Most of Stellar AfricaGold's value examination focuses on studying past and present price action to predict the probability of Stellar AfricaGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stellar AfricaGold's price. Additionally, you may evaluate how the addition of Stellar AfricaGold to your portfolios can decrease your overall portfolio volatility.