Global Hemp Group Stock Probability of Future Pink Sheet Price Finishing Under 0.0001
| GBHPF Stock | USD 0.01 0.0004 2.67% |
Global |
Global Hemp Target Price Odds to finish below 0.0001
The tendency of Global Pink Sheet 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 $ 0.0001 or more in 90 days |
| 0.01 | 90 days | 0.0001 | near 1 |
Based on a normal probability distribution, the odds of Global Hemp to drop to $ 0.0001 or more in 90 days from now is near 1 (This Global Hemp Group probability density function shows the probability of Global Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Global Hemp Group price to stay between $ 0.0001 and its current price of $0.0146 at the end of the 90-day period is about 27.25 .
Assuming the 90 days horizon Global Hemp Group has a beta of -0.33. This usually indicates as returns on the benchmark increase, returns on holding Global Hemp are expected to decrease at a much lower rate. During a bear market, however, Global Hemp Group is likely to outperform the market. Additionally Global Hemp Group 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. Global Hemp Price Density |
| Price |
Predictive Modules for Global Hemp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Hemp Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Global Hemp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Hemp is not an exception. The market had few large corrections towards the Global Hemp'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 Global Hemp Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Hemp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.02 |
Global Hemp 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 Global Hemp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Hemp Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Hemp Group is way too risky over 90 days horizon | |
| Global Hemp Group has some characteristics of a very speculative penny stock | |
| Global Hemp Group appears to be risky and price may revert if volatility continues | |
| Global Hemp Group has a very high chance of going through financial distress in the upcoming years | |
| Global Hemp Group has accumulated 334.03 K in total debt with debt to equity ratio (D/E) of 2.04, implying the company greatly relies on financing operations through barrowing. Global Hemp Group has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Global Hemp until it has trouble settling it off, either with new capital or with free cash flow. So, Global Hemp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Hemp Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Hemp's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.17 M) with profit before overhead, payroll, taxes, and interest of 34.58 K. | |
| Global Hemp Group has accumulated about 88.72 K in cash with (460.15 K) of positive cash flow from operations. |
Global Hemp 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 Global Pink Sheet often depends not only on the future outlook of the current and potential Global Hemp'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. Global Hemp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 335.7 M | |
| Dividends Paid | -34.8 K | |
| Shares Float | 349.6 M |
Global Hemp Technical Analysis
Global Hemp's future price can be derived by breaking down and analyzing its technical indicators over time. Global Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Hemp Group. In general, you should focus on analyzing Global Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Global Hemp Predictive Forecast Models
Global Hemp's time-series forecasting models is one of many Global Hemp's pink sheet 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 Global Hemp'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Global Hemp Group
Checking the ongoing alerts about Global Hemp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Hemp Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Hemp Group is way too risky over 90 days horizon | |
| Global Hemp Group has some characteristics of a very speculative penny stock | |
| Global Hemp Group appears to be risky and price may revert if volatility continues | |
| Global Hemp Group has a very high chance of going through financial distress in the upcoming years | |
| Global Hemp Group has accumulated 334.03 K in total debt with debt to equity ratio (D/E) of 2.04, implying the company greatly relies on financing operations through barrowing. Global Hemp Group has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Global Hemp until it has trouble settling it off, either with new capital or with free cash flow. So, Global Hemp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Hemp Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Hemp's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.17 M) with profit before overhead, payroll, taxes, and interest of 34.58 K. | |
| Global Hemp Group has accumulated about 88.72 K in cash with (460.15 K) of positive cash flow from operations. |
Other Information on Investing in Global Pink Sheet
Global Hemp financial ratios help investors to determine whether Global Pink Sheet 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 Global with respect to the benefits of owning Global Hemp security.