Global Payments (Germany) Probability of Future Stock Price Finishing Over 109.4
| GLO Stock | EUR 110.90 1.65 1.51% |
Global |
Global Payments Target Price Odds to finish over 109.4
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 stay above € 109.40 in 90 days |
| 110.90 | 90 days | 109.40 | under 4 |
Based on a normal probability distribution, the odds of Global Payments to stay above € 109.40 in 90 days from now is under 4 (This Global Payments probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Payments price to stay between € 109.40 and its current price of €110.9 at the end of the 90-day period is about 1.52 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.35 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Global Payments will likely underperform. Additionally Global Payments has an alpha of 0.0562, implying that it can generate a 0.0562 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Global Payments Price Density |
| Price |
Predictive Modules for Global Payments
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 Payments. 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 Payments Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Payments is not an exception. The market had few large corrections towards the Global Payments' 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 Payments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Payments within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 6.68 | |
Ir | Information ratio | 0.03 |
Global Payments 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 Payments for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Payments 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 Payments has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 89.0% of the company shares are owned by institutional investors |
Global Payments 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 Payments' 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 Payments' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 263.1 M |
Global Payments Technical Analysis
Global Payments' 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 Payments. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Payments Predictive Forecast Models
Global Payments' time-series forecasting models is one of many Global Payments' 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 Payments' 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 Payments
Checking the ongoing alerts about Global Payments for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Payments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Payments has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 89.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Global Stock
When determining whether Global Payments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Payments' 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 Global Payments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Payments Stock:Check out Global Payments Backtesting, Global Payments Valuation, Global Payments Correlation, Global Payments Hype Analysis, Global Payments Volatility, Global Payments History as well as Global Payments Performance. For more detail on how to invest in Global Stock please use our How to Invest in Global Payments guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.