Global Engine Group Stock Probability of Future Stock Price Finishing Over 11.44
| GLE Stock | 3.58 0.33 8.44% |
Global |
Global Engine Target Price Odds to finish over 11.44
The tendency of Global 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 over 11.44 or more in 90 days |
| 3.58 | 90 days | 11.44 | close to zero percent |
Based on a normal probability distribution, the odds of Global Engine to move over 11.44 or more in 90 days from now is close to zero percent (This Global Engine Group probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Engine Group price to stay between its current price of 3.58 and 11.44 at the end of the 90-day period is about 98.0 .
Considering the 90-day investment horizon Global Engine has a beta of 0.57. This usually indicates as returns on the market go up, Global Engine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Engine Group will be expected to be much smaller as well. Additionally Global Engine Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Global Engine Price Density |
| Price |
Predictive Modules for Global Engine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Engine Group. 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.Global Engine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Engine is not an exception. The market had few large corrections towards the Global Engine'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 Global Engine Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Engine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.02 |
Global Engine 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 Global Engine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Engine Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Engine Group generated a negative expected return over the last 90 days | |
| Global Engine Group has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 49.45 M. Reported Net Loss for the year was (90 K) with profit before taxes, overhead, and interest of 0. | |
| Global Engine generates negative cash flow from operations | |
| Global Engine Group has a frail financial position based on the latest SEC disclosures | |
| About 77.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: These Return Metrics Dont Make GLG Look Too Strong |
Global Engine 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 Global Stock often depends not only on the future outlook of the current and potential Global Engine'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. Global Engine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18 M | |
| Short Percent Float | 0.0006 | |
| Short Percent | 0.0006 |
Global Engine Technical Analysis
Global Engine's future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Engine Group. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Engine Predictive Forecast Models
Global Engine's time-series forecasting models is one of many Global Engine'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 Global Engine'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 Global Engine Group
Checking the ongoing alerts about Global Engine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Engine Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Engine Group generated a negative expected return over the last 90 days | |
| Global Engine Group has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 49.45 M. Reported Net Loss for the year was (90 K) with profit before taxes, overhead, and interest of 0. | |
| Global Engine generates negative cash flow from operations | |
| Global Engine Group has a frail financial position based on the latest SEC disclosures | |
| About 77.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: These Return Metrics Dont Make GLG Look Too Strong |
Check out Global Engine Backtesting, Global Engine Valuation, Global Engine Correlation, Global Engine Hype Analysis, Global Engine Volatility, Global Engine History as well as Global Engine Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Engine. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Engine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.957 | Earnings Share 0.02 | Revenue Per Share 3.091 | Quarterly Revenue Growth 0.944 | Return On Assets 0.0666 |
The market value of Global Engine Group is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Engine's value that differs from its market value or its book value, called intrinsic value, which is Global Engine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Engine's market value can be influenced by many factors that don't directly affect Global Engine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Engine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Engine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Engine's 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.