Greenfire Resources Stock Probability of Future Stock Price Finishing Over 17.72

GFR Stock   9.51  0.13  1.35%   
Greenfire Resources' future price is the expected price of Greenfire Resources instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Greenfire Resources performance during a given time horizon utilizing its historical volatility. Check out Greenfire Resources Backtesting, Greenfire Resources Valuation, Greenfire Resources Correlation, Greenfire Resources Hype Analysis, Greenfire Resources Volatility, Greenfire Resources History as well as Greenfire Resources Performance.
To learn how to invest in Greenfire Stock, please use our How to Invest in Greenfire Resources guide.
  
At this time, Greenfire Resources' Price Book Value Ratio is very stable compared to the past year. As of the 14th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 0.49. Please specify Greenfire Resources' target price for which you would like Greenfire Resources odds to be computed.

Greenfire Resources Target Price Odds to finish over 17.72

The tendency of Greenfire 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 PriceHorizonTarget PriceOdds to move over  17.72  or more in 90 days
 9.51 90 days 17.72 
close to zero percent
Based on a normal probability distribution, the odds of Greenfire Resources to move over  17.72  or more in 90 days from now is close to zero percent (This Greenfire Resources probability density function shows the probability of Greenfire Stock to fall within a particular range of prices over 90 days) . Probability of Greenfire Resources price to stay between its current price of  9.51  and  17.72  at the end of the 90-day period is about 92.68 .
Assuming the 90 days trading horizon Greenfire Resources has a beta of 0.0664. This usually indicates as returns on the market go up, Greenfire Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greenfire Resources will be expected to be much smaller as well. Additionally Greenfire Resources has an alpha of 0.1225, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Greenfire Resources Price Density   
       Price  

Predictive Modules for Greenfire Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenfire Resources. 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.
Hype
Prediction
LowEstimatedHigh
7.279.5111.75
Details
Intrinsic
Valuation
LowRealHigh
6.068.2910.54
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.700.700.70
Details

Greenfire Resources Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenfire Resources is not an exception. The market had few large corrections towards the Greenfire Resources' 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 Greenfire Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenfire Resources within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.12
β
Beta against Dow Jones0.07
σ
Overall volatility
0.42
Ir
Information ratio 0.01

Greenfire Resources 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 Greenfire Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenfire Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Greenfire Resources generated a negative expected return over the last 90 days
The company reported the revenue of 675.97 M. Net Loss for the year was (135.67 M) with profit before overhead, payroll, taxes, and interest of 0.
About 96.0% of the company shares are held by company insiders
Latest headline from news.google.com: Greenfire Resources Strengthens Board and Schedules Shareholder Meeting - TipRanks

Greenfire Resources 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 Greenfire Stock often depends not only on the future outlook of the current and potential Greenfire Resources' 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. Greenfire Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding68.6 M

Greenfire Resources Technical Analysis

Greenfire Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Greenfire Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greenfire Resources. In general, you should focus on analyzing Greenfire Stock price patterns and their correlations with different microeconomic environments and drivers.

Greenfire Resources Predictive Forecast Models

Greenfire Resources' time-series forecasting models is one of many Greenfire Resources' 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 Greenfire Resources' 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 Greenfire Resources

Checking the ongoing alerts about Greenfire Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greenfire Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Greenfire Resources generated a negative expected return over the last 90 days
The company reported the revenue of 675.97 M. Net Loss for the year was (135.67 M) with profit before overhead, payroll, taxes, and interest of 0.
About 96.0% of the company shares are held by company insiders
Latest headline from news.google.com: Greenfire Resources Strengthens Board and Schedules Shareholder Meeting - TipRanks
When determining whether Greenfire Resources is a strong investment it is important to analyze Greenfire Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenfire Resources' future performance. For an informed investment choice regarding Greenfire Stock, refer to the following important reports:
Check out Greenfire Resources Backtesting, Greenfire Resources Valuation, Greenfire Resources Correlation, Greenfire Resources Hype Analysis, Greenfire Resources Volatility, Greenfire Resources History as well as Greenfire Resources Performance.
To learn how to invest in Greenfire Stock, please use our How to Invest in Greenfire Resources guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Please note, there is a significant difference between Greenfire Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenfire Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenfire Resources' 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.