Green Minerals (Norway) Probability of Future Stock Price Finishing Under 6.35
| GEM Stock | NOK 6.48 0.02 0.31% |
Green |
Green Minerals Target Price Odds to finish below 6.35
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 6.35 or more in 90 days |
| 6.48 | 90 days | 6.35 | nearly 4.72 |
Based on a normal probability distribution, the odds of Green Minerals to drop to 6.35 or more in 90 days from now is nearly 4.72 (This Green Minerals AS probability density function shows the probability of Green Stock to fall within a particular range of prices over 90 days) . Probability of Green Minerals AS price to stay between 6.35 and its current price of 6.48 at the end of the 90-day period is nearly 4.81 .
Assuming the 90 days trading horizon Green Minerals AS has a beta of -0.12. This usually indicates as returns on the benchmark increase, returns on holding Green Minerals are expected to decrease at a much lower rate. During a bear market, however, Green Minerals AS is likely to outperform the market. Additionally Green Minerals AS 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 Minerals Price Density |
| Price |
Predictive Modules for Green Minerals
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 Minerals AS. 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 Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Green Minerals is not an exception. The market had few large corrections towards the Green Minerals' 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 Minerals AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Green Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.09 |
Green Minerals 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 Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Green Minerals AS 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 Minerals AS generated a negative expected return over the last 90 days | |
| Green Minerals AS has high historical volatility and very poor performance | |
| Green Minerals AS has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 78.0% of the company shares are held by company insiders |
Green Minerals 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 Minerals' 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 Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.9 M | |
| Cash And Short Term Investments | 19.1 M |
Green Minerals Technical Analysis
Green Minerals' 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 Minerals AS. In general, you should focus on analyzing Green Stock price patterns and their correlations with different microeconomic environments and drivers.
Green Minerals Predictive Forecast Models
Green Minerals' time-series forecasting models is one of many Green Minerals' 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 Minerals' 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 Minerals AS
Checking the ongoing alerts about Green Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Green Minerals AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Green Minerals AS generated a negative expected return over the last 90 days | |
| Green Minerals AS has high historical volatility and very poor performance | |
| Green Minerals AS has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 78.0% of the company shares are held by company insiders |
Other Information on Investing in Green Stock
Green Minerals financial ratios help investors to determine whether Green Stock 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 Green with respect to the benefits of owning Green Minerals security.