Greystone Logistics Stock Probability of Future OTC Stock Price Finishing Over 5.29
| GLGI Stock | USD 0.97 0.02 2.02% |
Greystone |
Greystone Logistics Target Price Odds to finish over 5.29
The tendency of Greystone 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 over $ 5.29 or more in 90 days |
| 0.97 | 90 days | 5.29 | close to zero percent |
Based on a normal probability distribution, the odds of Greystone Logistics to move over $ 5.29 or more in 90 days from now is close to zero percent (This Greystone Logistics probability density function shows the probability of Greystone OTC Stock to fall within a particular range of prices over 90 days) . Probability of Greystone Logistics price to stay between its current price of $ 0.97 and $ 5.29 at the end of the 90-day period is more than 93.0 .
Given the investment horizon of 90 days Greystone Logistics has a beta of 0.48. This usually indicates as returns on the market go up, Greystone Logistics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greystone Logistics will be expected to be much smaller as well. Additionally Greystone Logistics 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. Greystone Logistics Price Density |
| Price |
Predictive Modules for Greystone Logistics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greystone Logistics. 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.Greystone Logistics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greystone Logistics is not an exception. The market had few large corrections towards the Greystone Logistics' 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 Greystone Logistics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greystone Logistics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.14 |
Greystone Logistics 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 Greystone Logistics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greystone Logistics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greystone Logistics generated a negative expected return over the last 90 days | |
| Greystone Logistics has some characteristics of a very speculative penny stock | |
| Greystone Logistics has high historical volatility and very poor performance | |
| About 45.0% of the company shares are held by company insiders |
Greystone Logistics 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 Greystone OTC Stock often depends not only on the future outlook of the current and potential Greystone Logistics' 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. Greystone Logistics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.3 M |
Greystone Logistics Technical Analysis
Greystone Logistics' future price can be derived by breaking down and analyzing its technical indicators over time. Greystone OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greystone Logistics. In general, you should focus on analyzing Greystone OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Greystone Logistics Predictive Forecast Models
Greystone Logistics' time-series forecasting models is one of many Greystone Logistics' 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 Greystone Logistics' 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 Greystone Logistics
Checking the ongoing alerts about Greystone Logistics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greystone Logistics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greystone Logistics generated a negative expected return over the last 90 days | |
| Greystone Logistics has some characteristics of a very speculative penny stock | |
| Greystone Logistics has high historical volatility and very poor performance | |
| About 45.0% of the company shares are held by company insiders |
Other Information on Investing in Greystone OTC Stock
Greystone Logistics financial ratios help investors to determine whether Greystone 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 Greystone with respect to the benefits of owning Greystone Logistics security.