Greenchek Technology Stock Probability of Future Stock Price Finishing Over 1.0E-4
| GCHK Stock | USD 0.0001 0.00 0.00% |
Greenchek |
Greenchek Technology Target Price Odds to finish over 1.0E-4
The tendency of Greenchek 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 above the current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 59.87 |
Based on a normal probability distribution, the odds of Greenchek Technology to move above the current price in 90 days from now is about 59.87 (This Greenchek Technology probability density function shows the probability of Greenchek Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Greenchek Technology has a beta of 0.68. This usually indicates as returns on the market go up, Greenchek Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greenchek Technology will be expected to be much smaller as well. Additionally Greenchek Technology 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. Greenchek Technology Price Density |
| Price |
Predictive Modules for Greenchek Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenchek Technology. 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.Greenchek Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenchek Technology is not an exception. The market had few large corrections towards the Greenchek Technology'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 Greenchek Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenchek Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 0.000024 | |
Ir | Information ratio | -0.14 |
Greenchek Technology 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 Greenchek Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenchek Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greenchek Technology generated a negative expected return over the last 90 days | |
| Greenchek Technology has some characteristics of a very speculative penny stock | |
| Greenchek Technology has high likelihood to experience some financial distress in the next 2 years | |
| Greenchek Technology currently holds 240.12 K in liabilities. Greenchek Technology has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenchek Technology's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (694.21 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Greenchek Technology currently holds about 101 in cash with (300.08 K) of positive cash flow from operations. | |
| Greenchek Technology has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Windsor of Savoy under new ownership - Yahoo Voices |
Greenchek Technology Technical Analysis
Greenchek Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Greenchek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greenchek Technology. In general, you should focus on analyzing Greenchek Stock price patterns and their correlations with different microeconomic environments and drivers.
Greenchek Technology Predictive Forecast Models
Greenchek Technology's time-series forecasting models is one of many Greenchek Technology'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 Greenchek Technology'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 Greenchek Technology
Checking the ongoing alerts about Greenchek Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greenchek Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greenchek Technology generated a negative expected return over the last 90 days | |
| Greenchek Technology has some characteristics of a very speculative penny stock | |
| Greenchek Technology has high likelihood to experience some financial distress in the next 2 years | |
| Greenchek Technology currently holds 240.12 K in liabilities. Greenchek Technology has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenchek Technology's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (694.21 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Greenchek Technology currently holds about 101 in cash with (300.08 K) of positive cash flow from operations. | |
| Greenchek Technology has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Windsor of Savoy under new ownership - Yahoo Voices |
Check out Greenchek Technology Backtesting, Greenchek Technology Valuation, Greenchek Technology Correlation, Greenchek Technology Hype Analysis, Greenchek Technology Volatility, Greenchek Technology History as well as Greenchek Technology Performance. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenchek Technology. If investors know Greenchek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenchek Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (4.98) |
The market value of Greenchek Technology is measured differently than its book value, which is the value of Greenchek that is recorded on the company's balance sheet. Investors also form their own opinion of Greenchek Technology's value that differs from its market value or its book value, called intrinsic value, which is Greenchek Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenchek Technology's market value can be influenced by many factors that don't directly affect Greenchek Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenchek Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenchek Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenchek Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.