GFL Environmental Probability of Future Stock Price Finishing Under 70.3
| GFLUDelisted Stock | USD 70.30 2.09 3.06% |
GFL |
GFL Environmental Target Price Odds to finish below 70.3
The tendency of GFL 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 |
| 70.30 | 90 days | 70.30 | about 87.75 |
Based on a normal probability distribution, the odds of GFL Environmental to move below current price in 90 days from now is about 87.75 (This GFL Environmental probability density function shows the probability of GFL Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days GFL Environmental has a beta of 0.22. This usually indicates as returns on the market go up, GFL Environmental average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GFL Environmental will be expected to be much smaller as well. Additionally GFL Environmental has an alpha of 0.1846, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GFL Environmental Price Density |
| Price |
Predictive Modules for GFL Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GFL Environmental. 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.GFL Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GFL Environmental is not an exception. The market had few large corrections towards the GFL Environmental'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 GFL Environmental, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GFL Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 3.01 | |
Ir | Information ratio | 0.04 |
GFL Environmental 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 GFL Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GFL Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GFL Environmental is not yet fully synchronised with the market data | |
| GFL Environmental has a very high chance of going through financial distress in the upcoming years | |
| GFL Environmental currently holds 9.25 B in liabilities with Debt to Equity (D/E) ratio of 1.5, which is about average as compared to similar companies. GFL Environmental has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about GFL Environmental's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 6.76 B. Net Loss for the year was (311.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 72.0% of GFL Environmental shares are owned by institutional investors |
GFL Environmental 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 GFL Stock often depends not only on the future outlook of the current and potential GFL Environmental'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. GFL Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 343.4 M |
GFL Environmental Technical Analysis
GFL Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. GFL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GFL Environmental. In general, you should focus on analyzing GFL Stock price patterns and their correlations with different microeconomic environments and drivers.
GFL Environmental Predictive Forecast Models
GFL Environmental's time-series forecasting models is one of many GFL Environmental'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 GFL Environmental'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 GFL Environmental
Checking the ongoing alerts about GFL Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GFL Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GFL Environmental is not yet fully synchronised with the market data | |
| GFL Environmental has a very high chance of going through financial distress in the upcoming years | |
| GFL Environmental currently holds 9.25 B in liabilities with Debt to Equity (D/E) ratio of 1.5, which is about average as compared to similar companies. GFL Environmental has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about GFL Environmental's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 6.76 B. Net Loss for the year was (311.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 72.0% of GFL Environmental shares are owned by institutional investors |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in GFL Stock
If you are still planning to invest in GFL Environmental check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the GFL Environmental's history and understand the potential risks before investing.
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