Goodbye Kansas (Sweden) Probability of Future Stock Price Finishing Under 1.37
| GBK Stock | SEK 1.37 0.06 4.58% |
Goodbye |
Goodbye Kansas Target Price Odds to finish below 1.37
The tendency of Goodbye 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 |
| 1.37 | 90 days | 1.37 | about 61.56 |
Based on a normal probability distribution, the odds of Goodbye Kansas to move below current price in 90 days from now is about 61.56 (This Goodbye Kansas Group probability density function shows the probability of Goodbye Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Goodbye Kansas has a beta of 0.56. This usually indicates as returns on the market go up, Goodbye Kansas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Goodbye Kansas Group will be expected to be much smaller as well. Moreover Goodbye Kansas Group has an alpha of 1.0936, implying that it can generate a 1.09 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Goodbye Kansas Price Density |
| Price |
Predictive Modules for Goodbye Kansas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goodbye Kansas Group. 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.Goodbye Kansas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Goodbye Kansas is not an exception. The market had few large corrections towards the Goodbye Kansas' 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 Goodbye Kansas Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Goodbye Kansas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.09 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.15 |
Goodbye Kansas 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 Goodbye Kansas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Goodbye Kansas 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.| Goodbye Kansas Group is way too risky over 90 days horizon | |
| Goodbye Kansas Group may become a speculative penny stock | |
| Goodbye Kansas Group appears to be risky and price may revert if volatility continues | |
| Goodbye Kansas Group has accumulated 14.45 M in total debt with debt to equity ratio (D/E) of 0.18, which may suggest the company is not taking enough advantage from borrowing. Goodbye Kansas Group has a current ratio of 0.45, 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 Goodbye Kansas until it has trouble settling it off, either with new capital or with free cash flow. So, Goodbye Kansas' 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 Goodbye Kansas Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodbye to invest in growth at high rates of return. When we think about Goodbye Kansas' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 263.48 M. Net Loss for the year was (40.36 M) with profit before overhead, payroll, taxes, and interest of 214.36 M. | |
| Goodbye Kansas Group has accumulated about 21.87 M in cash with (637 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. |
Goodbye Kansas 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 Goodbye Stock often depends not only on the future outlook of the current and potential Goodbye Kansas' 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. Goodbye Kansas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 391 M | |
| Cash And Short Term Investments | 38 M |
Goodbye Kansas Technical Analysis
Goodbye Kansas' future price can be derived by breaking down and analyzing its technical indicators over time. Goodbye Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Goodbye Kansas Group. In general, you should focus on analyzing Goodbye Stock price patterns and their correlations with different microeconomic environments and drivers.
Goodbye Kansas Predictive Forecast Models
Goodbye Kansas' time-series forecasting models is one of many Goodbye Kansas' 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 Goodbye Kansas' 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 Goodbye Kansas Group
Checking the ongoing alerts about Goodbye Kansas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Goodbye Kansas Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Goodbye Kansas Group is way too risky over 90 days horizon | |
| Goodbye Kansas Group may become a speculative penny stock | |
| Goodbye Kansas Group appears to be risky and price may revert if volatility continues | |
| Goodbye Kansas Group has accumulated 14.45 M in total debt with debt to equity ratio (D/E) of 0.18, which may suggest the company is not taking enough advantage from borrowing. Goodbye Kansas Group has a current ratio of 0.45, 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 Goodbye Kansas until it has trouble settling it off, either with new capital or with free cash flow. So, Goodbye Kansas' 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 Goodbye Kansas Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodbye to invest in growth at high rates of return. When we think about Goodbye Kansas' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 263.48 M. Net Loss for the year was (40.36 M) with profit before overhead, payroll, taxes, and interest of 214.36 M. | |
| Goodbye Kansas Group has accumulated about 21.87 M in cash with (637 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. |
Additional Tools for Goodbye Stock Analysis
When running Goodbye Kansas' price analysis, check to measure Goodbye Kansas' 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 Goodbye Kansas is operating at the current time. Most of Goodbye Kansas' value examination focuses on studying past and present price action to predict the probability of Goodbye Kansas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodbye Kansas' price. Additionally, you may evaluate how the addition of Goodbye Kansas to your portfolios can decrease your overall portfolio volatility.