G-III APPAREL (Germany) Probability of Future Stock Price Finishing Under 13.31
| GI4 Stock | EUR 28.00 0.80 2.78% |
G-III |
G-III APPAREL Target Price Odds to finish below 13.31
The tendency of G-III 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 € 13.31 or more in 90 days |
| 28.00 | 90 days | 13.31 | near 1 |
Based on a normal probability distribution, the odds of G-III APPAREL to drop to € 13.31 or more in 90 days from now is near 1 (This G III APPAREL GROUP probability density function shows the probability of G-III Stock to fall within a particular range of prices over 90 days) . Probability of G III APPAREL price to stay between € 13.31 and its current price of €28.0 at the end of the 90-day period is about 55.95 .
Assuming the 90 days trading horizon G-III APPAREL has a beta of 0.46. This usually indicates as returns on the market go up, G-III APPAREL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding G III APPAREL GROUP will be expected to be much smaller as well. Additionally G III APPAREL GROUP has an alpha of 0.2565, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). G-III APPAREL Price Density |
| Price |
Predictive Modules for G-III APPAREL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as G III APPAREL. 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.G-III APPAREL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. G-III APPAREL is not an exception. The market had few large corrections towards the G-III APPAREL'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 G III APPAREL GROUP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of G-III APPAREL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 1.59 | |
Ir | Information ratio | 0.05 |
G-III APPAREL 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 G-III APPAREL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for G III APPAREL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| G III APPAREL had very high historical volatility over the last 90 days |
G-III APPAREL 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 G-III Stock often depends not only on the future outlook of the current and potential G-III APPAREL'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. G-III APPAREL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.9 M | |
| Short Long Term Debt | 4.2 M |
G-III APPAREL Technical Analysis
G-III APPAREL's future price can be derived by breaking down and analyzing its technical indicators over time. G-III Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of G III APPAREL GROUP. In general, you should focus on analyzing G-III Stock price patterns and their correlations with different microeconomic environments and drivers.
G-III APPAREL Predictive Forecast Models
G-III APPAREL's time-series forecasting models is one of many G-III APPAREL'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 G-III APPAREL'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 G III APPAREL
Checking the ongoing alerts about G-III APPAREL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for G III APPAREL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| G III APPAREL had very high historical volatility over the last 90 days |
Additional Information and Resources on Investing in G-III Stock
When determining whether G III APPAREL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of G-III APPAREL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of G Iii Apparel Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on G Iii Apparel Group Stock:Check out G-III APPAREL Backtesting, G-III APPAREL Valuation, G-III APPAREL Correlation, G-III APPAREL Hype Analysis, G-III APPAREL Volatility, G-III APPAREL History as well as G-III APPAREL Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .