Galway Gold Stock Probability of Future Pink Sheet Price Finishing Over 0.0243
| GAYGF Stock | USD 0.02 0.00 0.00% |
Galway |
Galway Gold Target Price Odds to finish over 0.0243
The tendency of Galway 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 above the current price in 90 days |
| 0.02 | 90 days | 0.02 | nearly 4.32 |
Based on a normal probability distribution, the odds of Galway Gold to move above the current price in 90 days from now is nearly 4.32 (This Galway Gold probability density function shows the probability of Galway Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 3.46 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Galway Gold will likely underperform. Moreover Galway Gold has an alpha of 1.5702, implying that it can generate a 1.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Galway Gold Price Density |
| Price |
Predictive Modules for Galway 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 Galway Gold. 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 Galway 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.
Galway Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galway Gold is not an exception. The market had few large corrections towards the Galway 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 Galway Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galway Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.57 | |
β | Beta against NYSE Composite | 3.46 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.1 |
Galway 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 Galway Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galway 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.| Galway Gold is way too risky over 90 days horizon | |
| Galway Gold has some characteristics of a very speculative penny stock | |
| Galway Gold appears to be risky and price may revert if volatility continues | |
| Galway Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Galway Gold has accumulated about 1.06 M in cash with (1.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 25.0% of the company shares are held by company insiders |
Galway 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 Galway Pink Sheet often depends not only on the future outlook of the current and potential Galway 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. Galway Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 41.6 M | |
| Shares Float | 31.4 M |
Galway Gold Technical Analysis
Galway Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Galway Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galway Gold. In general, you should focus on analyzing Galway Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Galway Gold Predictive Forecast Models
Galway Gold's time-series forecasting models is one of many Galway 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 Galway 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 Galway Gold
Checking the ongoing alerts about Galway Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galway Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Galway Gold is way too risky over 90 days horizon | |
| Galway Gold has some characteristics of a very speculative penny stock | |
| Galway Gold appears to be risky and price may revert if volatility continues | |
| Galway Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Galway Gold has accumulated about 1.06 M in cash with (1.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 25.0% of the company shares are held by company insiders |
Check out Galway Gold Backtesting, Galway Gold Valuation, Galway Gold Correlation, Galway Gold Hype Analysis, Galway Gold Volatility, Galway Gold History as well as Galway Gold Performance. Note that the Galway Gold information on this page should be used as a complementary analysis to other Galway 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Galway Pink Sheet analysis
When running Galway Gold's price analysis, check to measure Galway 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 Galway Gold is operating at the current time. Most of Galway Gold's value examination focuses on studying past and present price action to predict the probability of Galway 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 Galway Gold's price. Additionally, you may evaluate how the addition of Galway Gold to your portfolios can decrease your overall portfolio volatility.
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