Great Eastern (India) Probability of Future Stock Price Finishing Under 975.41
| GESHIP Stock | 1,079 22.05 2.00% |
Great |
Great Eastern Target Price Odds to finish below 975.41
The tendency of Great 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 975.41 or more in 90 days |
| 1,079 | 90 days | 975.41 | near 1 |
Based on a normal probability distribution, the odds of Great Eastern to drop to 975.41 or more in 90 days from now is near 1 (This The Great Eastern probability density function shows the probability of Great Stock to fall within a particular range of prices over 90 days) . Probability of Great Eastern price to stay between 975.41 and its current price of 1079.0 at the end of the 90-day period is about 6.21 .
Assuming the 90 days trading horizon Great Eastern has a beta of 0.0244. This usually indicates as returns on the market go up, Great Eastern average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Great Eastern will be expected to be much smaller as well. Additionally The Great Eastern 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. Great Eastern Price Density |
| Price |
Predictive Modules for Great Eastern
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Eastern. 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.Great Eastern Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Great Eastern is not an exception. The market had few large corrections towards the Great Eastern'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 The Great Eastern, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Great Eastern within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 78.50 | |
Ir | Information ratio | -0.17 |
Great Eastern 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 Great Eastern for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Great Eastern can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Great Eastern generated a negative expected return over the last 90 days | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Great Eastern Shipping Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of - Simply Wall St |
Great Eastern 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 Great Stock often depends not only on the future outlook of the current and potential Great Eastern'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. Great Eastern's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 143.1 M | |
| Cash And Short Term Investments | 67.4 B |
Great Eastern Technical Analysis
Great Eastern's future price can be derived by breaking down and analyzing its technical indicators over time. Great Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Great Eastern. In general, you should focus on analyzing Great Stock price patterns and their correlations with different microeconomic environments and drivers.
Great Eastern Predictive Forecast Models
Great Eastern's time-series forecasting models is one of many Great Eastern'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 Great Eastern'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 Great Eastern
Checking the ongoing alerts about Great Eastern for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Great Eastern help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Great Eastern generated a negative expected return over the last 90 days | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Great Eastern Shipping Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of - Simply Wall St |
Other Information on Investing in Great Stock
Great Eastern financial ratios help investors to determine whether Great 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 Great with respect to the benefits of owning Great Eastern security.