Great Western (Ireland) Probability of Future Stock Price Finishing Over 0.0015
| 8GW Stock | EUR 0 0.0005 33.33% |
Great |
Great Western Target Price Odds to finish over 0.0015
The tendency of Great 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 move over € 0 or more in 90 days |
| 0 | 90 days | 0 | nearly 4.25 |
Based on a normal probability distribution, the odds of Great Western to move over € 0 or more in 90 days from now is nearly 4.25 (This Great Western Mining probability density function shows the probability of Great Stock to fall within a particular range of prices over 90 days) . Probability of Great Western Mining price to stay between its current price of € 0 and € 0 at the end of the 90-day period is about 25.28 .
Assuming the 90 days trading horizon Great Western Mining has a beta of -3.16. This suggests as returns on its benchmark rise, returns on holding Great Western Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Great Western is expected to outperform its benchmark. In addition to that Great Western Mining has an alpha of 2.1605, implying that it can generate a 2.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Great Western Price Density |
| Price |
Predictive Modules for Great Western
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Western 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.Great Western Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Great Western is not an exception. The market had few large corrections towards the Great Western'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 Great Western Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Great Western within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.16 | |
β | Beta against Dow Jones | -3.16 | |
σ | Overall volatility | 0.0004 | |
Ir | Information ratio | 0.11 |
Great Western 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 Great Western for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Great Western 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.| Great Western Mining is way too risky over 90 days horizon | |
| Great Western Mining has some characteristics of a very speculative penny stock | |
| Great Western Mining appears to be risky and price may revert if volatility continues | |
| Great Western Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (535.96 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Great Western generates negative cash flow from operations | |
| About 14.0% of the company shares are owned by insiders or employees |
Great Western 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 Great Stock often depends not only on the future outlook of the current and potential Great Western'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. Great Western's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 751.7 M | |
| Cash And Short Term Investments | 2 M |
Great Western Technical Analysis
Great Western's future price can be derived by breaking down and analyzing its technical indicators over time. Great Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Great Western Mining. In general, you should focus on analyzing Great Stock price patterns and their correlations with different microeconomic environments and drivers.
Great Western Predictive Forecast Models
Great Western's time-series forecasting models is one of many Great Western'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 Great Western'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 Great Western Mining
Checking the ongoing alerts about Great Western for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Great Western Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Great Western Mining is way too risky over 90 days horizon | |
| Great Western Mining has some characteristics of a very speculative penny stock | |
| Great Western Mining appears to be risky and price may revert if volatility continues | |
| Great Western Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (535.96 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Great Western generates negative cash flow from operations | |
| About 14.0% of the company shares are owned by insiders or employees |
Additional Tools for Great Stock Analysis
When running Great Western's price analysis, check to measure Great Western'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 Great Western is operating at the current time. Most of Great Western's value examination focuses on studying past and present price action to predict the probability of Great Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Western's price. Additionally, you may evaluate how the addition of Great Western to your portfolios can decrease your overall portfolio volatility.