Tudor Gold Corp Stock Probability of Future Stock Price Finishing Under 1.03
| TUD Stock | CAD 0.67 0.04 6.35% |
Tudor |
Tudor Gold Target Price Odds to finish below 1.03
The tendency of Tudor 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 C$ 1.03 after 90 days |
| 0.67 | 90 days | 1.03 | about 78.73 |
Based on a normal probability distribution, the odds of Tudor Gold to stay under C$ 1.03 after 90 days from now is about 78.73 (This Tudor Gold Corp probability density function shows the probability of Tudor Stock to fall within a particular range of prices over 90 days) . Probability of Tudor Gold Corp price to stay between its current price of C$ 0.67 and C$ 1.03 at the end of the 90-day period is about 73.33 .
Assuming the 90 days horizon Tudor Gold has a beta of 0.48. This usually implies as returns on the market go up, Tudor Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tudor Gold Corp will be expected to be much smaller as well. Additionally Tudor 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. Tudor Gold Price Density |
| Price |
Predictive Modules for Tudor 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 Tudor 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.Tudor Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tudor Gold is not an exception. The market had few large corrections towards the Tudor 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 Tudor Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tudor Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.69 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.21 |
Tudor 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 Tudor Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tudor 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.| Tudor Gold Corp generated a negative expected return over the last 90 days | |
| Tudor Gold Corp has some characteristics of a very speculative penny stock | |
| Tudor Gold Corp has high historical volatility and very poor performance | |
| Tudor Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.74 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tudor Gold Corp has accumulated about 10.91 M in cash with (2.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 42.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tudor Gold Reports Massive 19 percent Resource Jump to 27.87M Gold Equivalent Ounces at Treaty Creek - StockTitan |
Tudor 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 Tudor Stock often depends not only on the future outlook of the current and potential Tudor 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. Tudor Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 221.5 M | |
| Cash And Short Term Investments | 8 M |
Tudor Gold Technical Analysis
Tudor Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Tudor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tudor Gold Corp. In general, you should focus on analyzing Tudor Stock price patterns and their correlations with different microeconomic environments and drivers.
Tudor Gold Predictive Forecast Models
Tudor Gold's time-series forecasting models is one of many Tudor 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 Tudor 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 Tudor Gold Corp
Checking the ongoing alerts about Tudor Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tudor Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tudor Gold Corp generated a negative expected return over the last 90 days | |
| Tudor Gold Corp has some characteristics of a very speculative penny stock | |
| Tudor Gold Corp has high historical volatility and very poor performance | |
| Tudor Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.74 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tudor Gold Corp has accumulated about 10.91 M in cash with (2.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 42.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tudor Gold Reports Massive 19 percent Resource Jump to 27.87M Gold Equivalent Ounces at Treaty Creek - StockTitan |
Additional Tools for Tudor Stock Analysis
When running Tudor Gold's price analysis, check to measure Tudor 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 Tudor Gold is operating at the current time. Most of Tudor Gold's value examination focuses on studying past and present price action to predict the probability of Tudor 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 Tudor Gold's price. Additionally, you may evaluate how the addition of Tudor Gold to your portfolios can decrease your overall portfolio volatility.