Westhaven Gold Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.19
| WTHVF Stock | USD 0.07 0.0009 1.38% |
Westhaven |
Westhaven Gold Target Price Odds to finish over 0.19
The tendency of Westhaven Pink Sheet 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 $ 0.19 or more in 90 days |
| 0.07 | 90 days | 0.19 | near 1 |
Based on a normal probability distribution, the odds of Westhaven Gold to move over $ 0.19 or more in 90 days from now is near 1 (This Westhaven Gold Corp probability density function shows the probability of Westhaven Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Westhaven Gold Corp price to stay between its current price of $ 0.07 and $ 0.19 at the end of the 90-day period is under 95 .
Assuming the 90 days horizon Westhaven Gold Corp has a beta of -0.96. This entails Additionally Westhaven 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. Westhaven Gold Price Density |
| Price |
Predictive Modules for Westhaven 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 Westhaven Gold Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Westhaven Gold's 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.
Westhaven Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westhaven Gold is not an exception. The market had few large corrections towards the Westhaven 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 Westhaven Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westhaven Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.71 | |
β | Beta against Dow Jones | -0.96 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.12 |
Westhaven 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 Westhaven Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westhaven 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.| Westhaven Gold Corp generated a negative expected return over the last 90 days | |
| Westhaven Gold Corp has high historical volatility and very poor performance | |
| Westhaven Gold Corp has some characteristics of a very speculative penny stock | |
| Westhaven Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Westhaven Gold Corp has accumulated 10.95 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Westhaven Gold Corp has a current ratio of 0.58, 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 Westhaven Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Westhaven Gold'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 Westhaven Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westhaven to invest in growth at high rates of return. When we think about Westhaven Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.05 M) with loss before overhead, payroll, taxes, and interest of (2.09 K). | |
| Westhaven Gold Corp has accumulated about 450.59 K in cash with (1.57 M) of positive cash flow from operations. | |
| Roughly 33.0% of Westhaven Gold outstanding shares are owned by insiders |
Westhaven 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 Westhaven Pink Sheet often depends not only on the future outlook of the current and potential Westhaven 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. Westhaven Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 126.2 M |
Westhaven Gold Technical Analysis
Westhaven Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Westhaven Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westhaven Gold Corp. In general, you should focus on analyzing Westhaven Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Westhaven Gold Predictive Forecast Models
Westhaven Gold's time-series forecasting models is one of many Westhaven Gold's pink sheet 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 Westhaven 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Westhaven Gold Corp
Checking the ongoing alerts about Westhaven Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westhaven Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Westhaven Gold Corp generated a negative expected return over the last 90 days | |
| Westhaven Gold Corp has high historical volatility and very poor performance | |
| Westhaven Gold Corp has some characteristics of a very speculative penny stock | |
| Westhaven Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Westhaven Gold Corp has accumulated 10.95 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Westhaven Gold Corp has a current ratio of 0.58, 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 Westhaven Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Westhaven Gold'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 Westhaven Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westhaven to invest in growth at high rates of return. When we think about Westhaven Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.05 M) with loss before overhead, payroll, taxes, and interest of (2.09 K). | |
| Westhaven Gold Corp has accumulated about 450.59 K in cash with (1.57 M) of positive cash flow from operations. | |
| Roughly 33.0% of Westhaven Gold outstanding shares are owned by insiders |
Other Information on Investing in Westhaven Pink Sheet
Westhaven Gold financial ratios help investors to determine whether Westhaven Pink Sheet 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 Westhaven with respect to the benefits of owning Westhaven Gold security.