Gateway Mining (Australia) Probability of Future Stock Price Finishing Over 0.025
| GML Stock | 0.03 0 3.70% |
Gateway |
Gateway Mining Target Price Odds to finish over 0.025
The tendency of Gateway 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 above 0.03 in 90 days |
| 0.03 | 90 days | 0.03 | over 95.73 |
Based on a normal probability distribution, the odds of Gateway Mining to stay above 0.03 in 90 days from now is over 95.73 (This Gateway Mining probability density function shows the probability of Gateway Stock to fall within a particular range of prices over 90 days) . Probability of Gateway Mining price to stay between 0.03 and its current price of 0.026 at the end of the 90-day period is about 5.4 .
Assuming the 90 days trading horizon Gateway Mining has a beta of -2.1. This usually indicates as returns on its benchmark rise, returns on holding Gateway Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Gateway Mining is expected to outperform its benchmark. Additionally Gateway Mining has an alpha of 0.5322, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gateway Mining Price Density |
| Price |
Predictive Modules for Gateway Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gateway Mining. 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.Gateway Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gateway Mining is not an exception. The market had few large corrections towards the Gateway Mining'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 Gateway Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gateway Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -2.1 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
Gateway Mining 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 Gateway Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gateway Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gateway Mining generated a negative expected return over the last 90 days | |
| Gateway Mining has some characteristics of a very speculative penny stock | |
| Gateway Mining has high historical volatility and very poor performance | |
| Net Loss for the year was (1.67 M) with profit before overhead, payroll, taxes, and interest of 3.98 M. | |
| Gateway Mining has accumulated about 1.4 M in cash with (1.07 M) of positive cash flow from operations. | |
| Roughly 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Gateway Mining to buy Yandal gold project in Western Australia for 29m - Yahoo Finance |
Gateway Mining 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 Gateway Stock often depends not only on the future outlook of the current and potential Gateway Mining'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. Gateway Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 318.2 M | |
| Cash And Short Term Investments | 1.4 M |
Gateway Mining Technical Analysis
Gateway Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Gateway Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gateway Mining. In general, you should focus on analyzing Gateway Stock price patterns and their correlations with different microeconomic environments and drivers.
Gateway Mining Predictive Forecast Models
Gateway Mining's time-series forecasting models is one of many Gateway Mining'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 Gateway Mining'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 Gateway Mining
Checking the ongoing alerts about Gateway Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gateway Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gateway Mining generated a negative expected return over the last 90 days | |
| Gateway Mining has some characteristics of a very speculative penny stock | |
| Gateway Mining has high historical volatility and very poor performance | |
| Net Loss for the year was (1.67 M) with profit before overhead, payroll, taxes, and interest of 3.98 M. | |
| Gateway Mining has accumulated about 1.4 M in cash with (1.07 M) of positive cash flow from operations. | |
| Roughly 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Gateway Mining to buy Yandal gold project in Western Australia for 29m - Yahoo Finance |
Additional Tools for Gateway Stock Analysis
When running Gateway Mining's price analysis, check to measure Gateway Mining'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 Gateway Mining is operating at the current time. Most of Gateway Mining's value examination focuses on studying past and present price action to predict the probability of Gateway Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gateway Mining's price. Additionally, you may evaluate how the addition of Gateway Mining to your portfolios can decrease your overall portfolio volatility.