GlobalData PLC (UK) Probability of Future Stock Price Finishing Under 202.0
| DATA Stock | 202.00 2.00 0.98% |
GlobalData |
GlobalData PLC Target Price Odds to finish below 202.0
The tendency of GlobalData 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 below current price in 90 days |
| 202.00 | 90 days | 202.00 | about 42.35 |
Based on a normal probability distribution, the odds of GlobalData PLC to move below current price in 90 days from now is about 42.35 (This GlobalData PLC probability density function shows the probability of GlobalData Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon GlobalData PLC has a beta of 0.24 suggesting as returns on the market go up, GlobalData PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GlobalData PLC will be expected to be much smaller as well. Additionally GlobalData PLC 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. GlobalData PLC Price Density |
| Price |
Predictive Modules for GlobalData PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GlobalData PLC. 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.GlobalData PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GlobalData PLC is not an exception. The market had few large corrections towards the GlobalData PLC'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 GlobalData PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GlobalData PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 10.43 | |
Ir | Information ratio | -0.13 |
GlobalData PLC 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 GlobalData PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GlobalData PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GlobalData PLC generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are held by company insiders | |
| On 4th of October 2024 GlobalData PLC paid 0.015 per share dividend to its current shareholders | |
| Latest headline from news.google.com: GlobalData Executes Strategic Share Buyback Program - MSN |
GlobalData PLC 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 GlobalData Stock often depends not only on the future outlook of the current and potential GlobalData PLC'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. GlobalData PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 818.2 M | |
| Cash And Short Term Investments | 19.8 M |
GlobalData PLC Technical Analysis
GlobalData PLC's future price can be derived by breaking down and analyzing its technical indicators over time. GlobalData Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GlobalData PLC. In general, you should focus on analyzing GlobalData Stock price patterns and their correlations with different microeconomic environments and drivers.
GlobalData PLC Predictive Forecast Models
GlobalData PLC's time-series forecasting models is one of many GlobalData PLC'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 GlobalData PLC'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 GlobalData PLC
Checking the ongoing alerts about GlobalData PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GlobalData PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GlobalData PLC generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are held by company insiders | |
| On 4th of October 2024 GlobalData PLC paid 0.015 per share dividend to its current shareholders | |
| Latest headline from news.google.com: GlobalData Executes Strategic Share Buyback Program - MSN |
Additional Tools for GlobalData Stock Analysis
When running GlobalData PLC's price analysis, check to measure GlobalData PLC'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 GlobalData PLC is operating at the current time. Most of GlobalData PLC's value examination focuses on studying past and present price action to predict the probability of GlobalData PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GlobalData PLC's price. Additionally, you may evaluate how the addition of GlobalData PLC to your portfolios can decrease your overall portfolio volatility.