Yamana Gold Probability of Future Stock Price Finishing Under 2.85
| AUYDelisted Stock | USD 5.85 0.07 1.18% |
Yamana |
Yamana Gold Target Price Odds to finish below 2.85
The tendency of Yamana 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 drop to $ 2.85 or more in 90 days |
| 5.85 | 90 days | 2.85 | near 1 |
Based on a normal probability distribution, the odds of Yamana Gold to drop to $ 2.85 or more in 90 days from now is near 1 (This Yamana Gold probability density function shows the probability of Yamana Stock to fall within a particular range of prices over 90 days) . Probability of Yamana Gold price to stay between $ 2.85 and its current price of $5.85 at the end of the 90-day period is about 69.64 .
Considering the 90-day investment horizon Yamana Gold has a beta of -0.0068. This suggests as returns on the benchmark increase, returns on holding Yamana Gold are expected to decrease at a much lower rate. During a bear market, however, Yamana Gold is likely to outperform the market. Additionally Yamana Gold has an alpha of 0.0416, implying that it can generate a 0.0416 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Yamana Gold Price Density |
| Price |
Predictive Modules for Yamana 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 Yamana Gold. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yamana 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.
Yamana Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yamana Gold is not an exception. The market had few large corrections towards the Yamana 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 Yamana Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yamana Gold within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | -0.0068 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | -0.0093 |
Yamana 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 Yamana Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yamana 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.| Yamana Gold is not yet fully synchronised with the market data | |
| Yamana Gold has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 1.81 B. Reported Net Loss for the year was (1.79 B) with profit before taxes, overhead, and interest of 1.03 B. |
Yamana 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 Yamana Stock often depends not only on the future outlook of the current and potential Yamana 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. Yamana Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 960.7 M | |
| Cash And Short Term Investments | 383.1 M |
Yamana Gold Technical Analysis
Yamana Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Yamana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yamana Gold. In general, you should focus on analyzing Yamana Stock price patterns and their correlations with different microeconomic environments and drivers.
Yamana Gold Predictive Forecast Models
Yamana Gold's time-series forecasting models is one of many Yamana 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 Yamana 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 Yamana Gold
Checking the ongoing alerts about Yamana Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yamana Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yamana Gold is not yet fully synchronised with the market data | |
| Yamana Gold has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 1.81 B. Reported Net Loss for the year was (1.79 B) with profit before taxes, overhead, and interest of 1.03 B. |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Yamana Stock
If you are still planning to invest in Yamana Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Yamana Gold's history and understand the potential risks before investing.
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