Volcanic Gold Mines Stock Probability of Future Stock Price Finishing Over 32.51
| VG Stock | CAD 0.09 0.02 28.57% |
Volcanic |
Volcanic Gold Target Price Odds to finish over 32.51
The tendency of Volcanic 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 over C$ 32.51 or more in 90 days |
| 0.09 | 90 days | 32.51 | close to zero percent |
Based on a normal probability distribution, the odds of Volcanic Gold to move over C$ 32.51 or more in 90 days from now is close to zero percent (This Volcanic Gold Mines probability density function shows the probability of Volcanic Stock to fall within a particular range of prices over 90 days) . Probability of Volcanic Gold Mines price to stay between its current price of C$ 0.09 and C$ 32.51 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Volcanic Gold Mines has a beta of -2.44. This entails as returns on its benchmark rise, returns on holding Volcanic Gold Mines are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Volcanic Gold is expected to outperform its benchmark. Additionally Volcanic Gold Mines has an alpha of 0.9515, implying that it can generate a 0.95 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Volcanic Gold Price Density |
| Price |
Predictive Modules for Volcanic 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 Volcanic Gold Mines. 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.Volcanic Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Volcanic Gold is not an exception. The market had few large corrections towards the Volcanic 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 Volcanic Gold Mines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Volcanic Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.95 | |
β | Beta against Dow Jones | -2.44 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Volcanic 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 Volcanic Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Volcanic Gold Mines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Volcanic Gold Mines is way too risky over 90 days horizon | |
| Volcanic Gold Mines has some characteristics of a very speculative penny stock | |
| Volcanic Gold Mines appears to be risky and price may revert if volatility continues | |
| Volcanic Gold Mines has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.29 M) with loss before overhead, payroll, taxes, and interest of (43.57 K). | |
| Volcanic Gold Mines currently holds about 249.05 K in cash with (2.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 27.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Volcanic Gold Mines Resumes Exploration in Central America - TipRanks |
Volcanic 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 Volcanic Stock often depends not only on the future outlook of the current and potential Volcanic 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. Volcanic Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.6 M | |
| Cash And Short Term Investments | 3.2 M |
Volcanic Gold Technical Analysis
Volcanic Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Volcanic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Volcanic Gold Mines. In general, you should focus on analyzing Volcanic Stock price patterns and their correlations with different microeconomic environments and drivers.
Volcanic Gold Predictive Forecast Models
Volcanic Gold's time-series forecasting models is one of many Volcanic 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 Volcanic 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 Volcanic Gold Mines
Checking the ongoing alerts about Volcanic Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Volcanic Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Volcanic Gold Mines is way too risky over 90 days horizon | |
| Volcanic Gold Mines has some characteristics of a very speculative penny stock | |
| Volcanic Gold Mines appears to be risky and price may revert if volatility continues | |
| Volcanic Gold Mines has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.29 M) with loss before overhead, payroll, taxes, and interest of (43.57 K). | |
| Volcanic Gold Mines currently holds about 249.05 K in cash with (2.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 27.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Volcanic Gold Mines Resumes Exploration in Central America - TipRanks |
Additional Tools for Volcanic Stock Analysis
When running Volcanic Gold's price analysis, check to measure Volcanic 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 Volcanic Gold is operating at the current time. Most of Volcanic Gold's value examination focuses on studying past and present price action to predict the probability of Volcanic 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 Volcanic Gold's price. Additionally, you may evaluate how the addition of Volcanic Gold to your portfolios can decrease your overall portfolio volatility.