K2 Gold Stock Odds of Future OTC Stock Price Finishing Under 0.11
| KTGDF Stock | USD 0.08 0.01 11.22% |
KTGDF |
K2 Gold Target Price Odds to finish below 0.11
The tendency of KTGDF OTC 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 $ 0.11 after 90 days |
| 0.08 | 90 days | 0.11 | about 91.4 |
Based on a normal probability distribution, the odds of K2 Gold to stay under $ 0.11 after 90 days from now is about 91.4 (This K2 Gold probability density function shows the probability of KTGDF OTC Stock to fall within a particular range of prices over 90 days) . Probability of K2 Gold price to stay between its current price of $ 0.08 and $ 0.11 at the end of the 90-day period is about 41.43 .
Assuming the 90 days horizon K2 Gold has a beta of -1.47. This indicates as returns on its benchmark rise, returns on holding K2 Gold are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, K2 Gold is expected to outperform its benchmark. Additionally K2 Gold has an alpha of 0.8018, implying that it can generate a 0.8 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). K2 Gold Price Density |
| Price |
Predictive Modules for K2 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 K2 Gold. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of K2 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.
K2 Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. K2 Gold is not an exception. The market had few large corrections towards the K2 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 K2 Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of K2 Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.80 | |
β | Beta against NYSE Composite | -1.47 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.07 |
K2 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 K2 Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for K2 Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| K2 Gold is way too risky over 90 days horizon | |
| K2 Gold has some characteristics of a very speculative penny stock | |
| K2 Gold appears to be risky and price may revert if volatility continues | |
| K2 Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.82 M) with loss before overhead, payroll, taxes, and interest of (5.03 K). | |
| K2 Gold has accumulated about 1.36 M in cash with (1.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
K2 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 KTGDF OTC Stock often depends not only on the future outlook of the current and potential K2 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. K2 Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64.8 M |
K2 Gold Technical Analysis
K2 Gold's future price can be derived by breaking down and analyzing its technical indicators over time. KTGDF OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of K2 Gold. In general, you should focus on analyzing KTGDF OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
K2 Gold Predictive Forecast Models
K2 Gold's time-series forecasting models is one of many K2 Gold's otc 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 K2 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 otc stock market movement and maximize returns from investment trading.
Things to note about K2 Gold
Checking the ongoing alerts about K2 Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for K2 Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| K2 Gold is way too risky over 90 days horizon | |
| K2 Gold has some characteristics of a very speculative penny stock | |
| K2 Gold appears to be risky and price may revert if volatility continues | |
| K2 Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.82 M) with loss before overhead, payroll, taxes, and interest of (5.03 K). | |
| K2 Gold has accumulated about 1.36 M in cash with (1.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Check out K2 Gold Backtesting, K2 Gold Valuation, K2 Gold Correlation, K2 Gold Hype Analysis, K2 Gold Volatility, K2 Gold History as well as K2 Gold Performance. Note that the K2 Gold information on this page should be used as a complementary analysis to other K2 Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for KTGDF OTC Stock analysis
When running K2 Gold's price analysis, check to measure K2 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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 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 K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.
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