Green Dot Stock Probability of Future Stock Price Finishing Under 6.28
| GDOT Stock | USD 10.25 0.02 0.20% |
Green |
Green Dot Target Price Odds to finish below 6.28
The tendency of Green 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 drop to $ 6.28 or more in 90 days |
| 10.25 | 90 days | 6.28 | near 1 |
Based on a normal probability distribution, the odds of Green Dot to drop to $ 6.28 or more in 90 days from now is near 1 (This Green Dot probability density function shows the probability of Green Stock to fall within a particular range of prices over 90 days) . Probability of Green Dot price to stay between $ 6.28 and its current price of $10.25 at the end of the 90-day period is roughly 2.46 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.25 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Green Dot will likely underperform. Additionally Green Dot 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. Green Dot Price Density |
| Price |
Predictive Modules for Green Dot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Green Dot. 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.Green Dot Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Green Dot is not an exception. The market had few large corrections towards the Green Dot'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 Green Dot, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Green Dot within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 2.25 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.02 |
Green Dot 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 Green Dot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Green Dot can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Green Dot generated a negative expected return over the last 90 days | |
| Green Dot has high historical volatility and very poor performance | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Green Dot Corp Stock Price Down 4.32 percent on Nov 20 |
Green Dot 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 Green Stock often depends not only on the future outlook of the current and potential Green Dot'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. Green Dot's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.5 M | |
| Cash And Short Term Investments | 716.1 M |
Green Dot Technical Analysis
Green Dot's future price can be derived by breaking down and analyzing its technical indicators over time. Green Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Green Dot. In general, you should focus on analyzing Green Stock price patterns and their correlations with different microeconomic environments and drivers.
Green Dot Predictive Forecast Models
Green Dot's time-series forecasting models is one of many Green Dot'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 Green Dot'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 Green Dot
Checking the ongoing alerts about Green Dot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Green Dot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Green Dot generated a negative expected return over the last 90 days | |
| Green Dot has high historical volatility and very poor performance | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Green Dot Corp Stock Price Down 4.32 percent on Nov 20 |
Additional Tools for Green Stock Analysis
When running Green Dot's price analysis, check to measure Green Dot'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 Green Dot is operating at the current time. Most of Green Dot's value examination focuses on studying past and present price action to predict the probability of Green Dot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Dot's price. Additionally, you may evaluate how the addition of Green Dot to your portfolios can decrease your overall portfolio volatility.