Glass House Brands Stock Probability of Future OTC Stock Price Finishing Over 9.00
| GLASF Stock | USD 9.00 0.28 3.21% |
Glass |
Glass House Target Price Odds to finish over 9.00
The tendency of Glass OTC 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 above the current price in 90 days |
| 9.00 | 90 days | 9.00 | about 22.44 |
Based on a normal probability distribution, the odds of Glass House to move above the current price in 90 days from now is about 22.44 (This Glass House Brands probability density function shows the probability of Glass OTC Stock to fall within a particular range of prices over 90 days) .
Glass House Price Density |
| Price |
Predictive Modules for Glass House
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Glass House Brands. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Glass House's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Glass House Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Glass House is not an exception. The market had few large corrections towards the Glass House'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 Glass House Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Glass House within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | 0.06 |
Glass House 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 Glass House for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Glass House Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Glass House Brands is way too risky over 90 days horizon | |
| Glass House Brands appears to be risky and price may revert if volatility continues | |
| Glass House Brands has accumulated 44.82 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Glass House Brands has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Glass House until it has trouble settling it off, either with new capital or with free cash flow. So, Glass House's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Glass House Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Glass to invest in growth at high rates of return. When we think about Glass House's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 69.45 M. Net Loss for the year was (44.17 M) with profit before overhead, payroll, taxes, and interest of 16.02 M. | |
| Glass House Brands has accumulated about 14.45 M in cash with (20.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| Roughly 23.0% of Glass House shares are held by company insiders |
Glass House Technical Analysis
Glass House's future price can be derived by breaking down and analyzing its technical indicators over time. Glass OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Glass House Brands. In general, you should focus on analyzing Glass OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Glass House Predictive Forecast Models
Glass House's time-series forecasting models is one of many Glass House's otc 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 Glass House'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 otc stock market movement and maximize returns from investment trading.
Things to note about Glass House Brands
Checking the ongoing alerts about Glass House for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Glass House Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Glass House Brands is way too risky over 90 days horizon | |
| Glass House Brands appears to be risky and price may revert if volatility continues | |
| Glass House Brands has accumulated 44.82 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Glass House Brands has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Glass House until it has trouble settling it off, either with new capital or with free cash flow. So, Glass House's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Glass House Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Glass to invest in growth at high rates of return. When we think about Glass House's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 69.45 M. Net Loss for the year was (44.17 M) with profit before overhead, payroll, taxes, and interest of 16.02 M. | |
| Glass House Brands has accumulated about 14.45 M in cash with (20.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. | |
| Roughly 23.0% of Glass House shares are held by company insiders |
Other Information on Investing in Glass OTC Stock
Glass House financial ratios help investors to determine whether Glass OTC 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 Glass with respect to the benefits of owning Glass House security.