Troilus Gold Corp Stock Probability of Future Stock Price Finishing Over 0.23
| TLG Stock | CAD 0.29 0.01 3.33% |
Troilus |
Troilus Gold Target Price Odds to finish over 0.23
The tendency of Troilus 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$ 0.23 in 90 days |
| 0.29 | 90 days | 0.23 | close to 99 |
Based on a normal probability distribution, the odds of Troilus Gold to stay above C$ 0.23 in 90 days from now is close to 99 (This Troilus Gold Corp probability density function shows the probability of Troilus Stock to fall within a particular range of prices over 90 days) . Probability of Troilus Gold Corp price to stay between C$ 0.23 and its current price of C$0.29 at the end of the 90-day period is about 15.02 .
Assuming the 90 days trading horizon Troilus Gold has a beta of 0.25. This usually implies as returns on the market go up, Troilus Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Troilus Gold Corp will be expected to be much smaller as well. Additionally Troilus 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. Troilus Gold Price Density |
| Price |
Predictive Modules for Troilus 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 Troilus Gold Corp. 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.Troilus Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Troilus Gold is not an exception. The market had few large corrections towards the Troilus 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 Troilus Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Troilus Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.08 |
Troilus 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 Troilus Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Troilus 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.| Troilus Gold Corp generated a negative expected return over the last 90 days | |
| Troilus Gold Corp has some characteristics of a very speculative penny stock | |
| Troilus Gold Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (5.58 M) with loss before overhead, payroll, taxes, and interest of (20 M). | |
| Troilus Gold Corp has accumulated about 3.9 M in cash with (31.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Latest headline from news.google.com: Troilus Gold Reports Positive Environmental Study Results - TipRanks |
Troilus 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 Troilus Stock often depends not only on the future outlook of the current and potential Troilus 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. Troilus Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 219.5 M | |
| Cash And Short Term Investments | 17.9 M |
Troilus Gold Technical Analysis
Troilus Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Troilus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Troilus Gold Corp. In general, you should focus on analyzing Troilus Stock price patterns and their correlations with different microeconomic environments and drivers.
Troilus Gold Predictive Forecast Models
Troilus Gold's time-series forecasting models is one of many Troilus 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 Troilus 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 Troilus Gold Corp
Checking the ongoing alerts about Troilus Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Troilus Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Troilus Gold Corp generated a negative expected return over the last 90 days | |
| Troilus Gold Corp has some characteristics of a very speculative penny stock | |
| Troilus Gold Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (5.58 M) with loss before overhead, payroll, taxes, and interest of (20 M). | |
| Troilus Gold Corp has accumulated about 3.9 M in cash with (31.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Latest headline from news.google.com: Troilus Gold Reports Positive Environmental Study Results - TipRanks |
Other Information on Investing in Troilus Stock
Troilus Gold financial ratios help investors to determine whether Troilus 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 Troilus with respect to the benefits of owning Troilus Gold security.