Greencoat (Germany) Probability of Future Stock Price Finishing Under 1.51
| 3GC Stock | EUR 1.50 0.11 6.83% |
Greencoat |
Greencoat Target Price Odds to finish below 1.51
The tendency of Greencoat 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 € 1.51 after 90 days |
| 1.50 | 90 days | 1.51 | about 15.03 |
Based on a normal probability distribution, the odds of Greencoat to stay under € 1.51 after 90 days from now is about 15.03 (This Greencoat UK Wind probability density function shows the probability of Greencoat Stock to fall within a particular range of prices over 90 days) . Probability of Greencoat UK Wind price to stay between its current price of € 1.50 and € 1.51 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Greencoat has a beta of 0.66. This suggests as returns on the market go up, Greencoat average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greencoat UK Wind will be expected to be much smaller as well. Additionally Greencoat UK Wind 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. Greencoat Price Density |
| Price |
Predictive Modules for Greencoat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greencoat UK Wind. 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.Greencoat Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greencoat is not an exception. The market had few large corrections towards the Greencoat'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 Greencoat UK Wind, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greencoat within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.07 |
Greencoat 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 Greencoat for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greencoat UK Wind can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greencoat UK Wind generated a negative expected return over the last 90 days | |
| Greencoat UK Wind may become a speculative penny stock | |
| Greencoat UK Wind has high historical volatility and very poor performance | |
| Over 76.0% of the company shares are owned by institutions such as pension funds |
Greencoat Technical Analysis
Greencoat's future price can be derived by breaking down and analyzing its technical indicators over time. Greencoat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greencoat UK Wind. In general, you should focus on analyzing Greencoat Stock price patterns and their correlations with different microeconomic environments and drivers.
Greencoat Predictive Forecast Models
Greencoat's time-series forecasting models is one of many Greencoat'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 Greencoat'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 Greencoat UK Wind
Checking the ongoing alerts about Greencoat for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greencoat UK Wind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greencoat UK Wind generated a negative expected return over the last 90 days | |
| Greencoat UK Wind may become a speculative penny stock | |
| Greencoat UK Wind has high historical volatility and very poor performance | |
| Over 76.0% of the company shares are owned by institutions such as pension funds |
Other Information on Investing in Greencoat Stock
Greencoat financial ratios help investors to determine whether Greencoat Stock 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 Greencoat with respect to the benefits of owning Greencoat security.