GREENX METALS (Germany) Probability of Future Stock Price Finishing Under 0.4
| 5PMA Stock | 0.38 0.01 2.56% |
GREENX |
GREENX METALS Target Price Odds to finish below 0.4
The tendency of GREENX 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 0.40 after 90 days |
| 0.38 | 90 days | 0.40 | about 19.99 |
Based on a normal probability distribution, the odds of GREENX METALS to stay under 0.40 after 90 days from now is about 19.99 (This GREENX METALS LTD probability density function shows the probability of GREENX Stock to fall within a particular range of prices over 90 days) . Probability of GREENX METALS LTD price to stay between its current price of 0.38 and 0.40 at the end of the 90-day period is about 11.97 .
Assuming the 90 days trading horizon GREENX METALS has a beta of 0.77. This suggests as returns on the market go up, GREENX METALS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GREENX METALS LTD will be expected to be much smaller as well. Additionally GREENX METALS LTD 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. GREENX METALS Price Density |
| Price |
Predictive Modules for GREENX METALS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GREENX METALS LTD. 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.GREENX METALS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GREENX METALS is not an exception. The market had few large corrections towards the GREENX METALS'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 GREENX METALS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GREENX METALS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
GREENX METALS 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 GREENX METALS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GREENX METALS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GREENX METALS LTD generated a negative expected return over the last 90 days | |
| GREENX METALS LTD has some characteristics of a very speculative penny stock | |
| GREENX METALS LTD has high historical volatility and very poor performance |
GREENX METALS Technical Analysis
GREENX METALS's future price can be derived by breaking down and analyzing its technical indicators over time. GREENX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GREENX METALS LTD. In general, you should focus on analyzing GREENX Stock price patterns and their correlations with different microeconomic environments and drivers.
GREENX METALS Predictive Forecast Models
GREENX METALS's time-series forecasting models is one of many GREENX METALS'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 GREENX METALS'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 GREENX METALS LTD
Checking the ongoing alerts about GREENX METALS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GREENX METALS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GREENX METALS LTD generated a negative expected return over the last 90 days | |
| GREENX METALS LTD has some characteristics of a very speculative penny stock | |
| GREENX METALS LTD has high historical volatility and very poor performance |
Other Information on Investing in GREENX Stock
GREENX METALS financial ratios help investors to determine whether GREENX 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 GREENX with respect to the benefits of owning GREENX METALS security.