Glen Burnie Bancorp Stock Probability of Future Stock Price Finishing Over 5.6
| GLBZ Stock | USD 5.60 0.18 3.11% |
Glen |
Glen Burnie Target Price Odds to finish over 5.6
The tendency of Glen 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 |
| 5.60 | 90 days | 5.60 | about 41.21 |
Based on a normal probability distribution, the odds of Glen Burnie to move above the current price in 90 days from now is about 41.21 (This Glen Burnie Bancorp probability density function shows the probability of Glen Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Glen Burnie Bancorp has a beta of -0.33. This usually indicates as returns on the benchmark increase, returns on holding Glen Burnie are expected to decrease at a much lower rate. During a bear market, however, Glen Burnie Bancorp is likely to outperform the market. Additionally Glen Burnie Bancorp has an alpha of 0.2719, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Glen Burnie Price Density |
| Price |
Predictive Modules for Glen Burnie
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Glen Burnie Bancorp. 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.Glen Burnie Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Glen Burnie is not an exception. The market had few large corrections towards the Glen Burnie'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 Glen Burnie Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Glen Burnie within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | 0.03 |
Glen Burnie 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 Glen Burnie for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Glen Burnie Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Glen Burnie Bancorp is way too risky over 90 days horizon | |
| Glen Burnie Bancorp appears to be risky and price may revert if volatility continues | |
| About 18.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: GLBZ Stock Falls 7.93 percent Amid Market Fluctuations |
Glen Burnie 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 Glen Stock often depends not only on the future outlook of the current and potential Glen Burnie'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. Glen Burnie's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 M | |
| Cash And Short Term Investments | 141.4 M |
Glen Burnie Technical Analysis
Glen Burnie's future price can be derived by breaking down and analyzing its technical indicators over time. Glen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Glen Burnie Bancorp. In general, you should focus on analyzing Glen Stock price patterns and their correlations with different microeconomic environments and drivers.
Glen Burnie Predictive Forecast Models
Glen Burnie's time-series forecasting models is one of many Glen Burnie'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 Glen Burnie'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 Glen Burnie Bancorp
Checking the ongoing alerts about Glen Burnie for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Glen Burnie Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Glen Burnie Bancorp is way too risky over 90 days horizon | |
| Glen Burnie Bancorp appears to be risky and price may revert if volatility continues | |
| About 18.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: GLBZ Stock Falls 7.93 percent Amid Market Fluctuations |
Additional Tools for Glen Stock Analysis
When running Glen Burnie's price analysis, check to measure Glen Burnie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glen Burnie is operating at the current time. Most of Glen Burnie's value examination focuses on studying past and present price action to predict the probability of Glen Burnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glen Burnie's price. Additionally, you may evaluate how the addition of Glen Burnie to your portfolios can decrease your overall portfolio volatility.