Golan Plastic (Israel) Probability of Future Stock Price Finishing Under 985.5
| GLPL Stock | ILS 1,180 41.00 3.36% |
Golan |
Golan Plastic Target Price Odds to finish below 985.5
The tendency of Golan 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 drop to S 985.50 or more in 90 days |
| 1,180 | 90 days | 985.50 | about 58.77 |
Based on a normal probability distribution, the odds of Golan Plastic to drop to S 985.50 or more in 90 days from now is about 58.77 (This Golan Plastic probability density function shows the probability of Golan Stock to fall within a particular range of prices over 90 days) . Probability of Golan Plastic price to stay between S 985.50 and its current price of S1180.0 at the end of the 90-day period is about 40.87 .
Assuming the 90 days trading horizon Golan Plastic has a beta of -0.51. This usually indicates as returns on the benchmark increase, returns on holding Golan Plastic are expected to decrease at a much lower rate. During a bear market, however, Golan Plastic is likely to outperform the market. Additionally Golan Plastic has an alpha of 0.4224, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Golan Plastic Price Density |
| Price |
Predictive Modules for Golan Plastic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golan Plastic. 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.Golan Plastic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Golan Plastic is not an exception. The market had few large corrections towards the Golan Plastic'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 Golan Plastic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Golan Plastic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -0.51 | |
σ | Overall volatility | 72.22 | |
Ir | Information ratio | 0.09 |
Golan Plastic 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 Golan Plastic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Golan Plastic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has S144.66 Million in debt which may indicate that it relies heavily on debt financing | |
| About 68.0% of the company shares are held by company insiders |
Golan Plastic Technical Analysis
Golan Plastic's future price can be derived by breaking down and analyzing its technical indicators over time. Golan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Golan Plastic. In general, you should focus on analyzing Golan Stock price patterns and their correlations with different microeconomic environments and drivers.
Golan Plastic Predictive Forecast Models
Golan Plastic's time-series forecasting models is one of many Golan Plastic'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 Golan Plastic'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 Golan Plastic
Checking the ongoing alerts about Golan Plastic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Golan Plastic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has S144.66 Million in debt which may indicate that it relies heavily on debt financing | |
| About 68.0% of the company shares are held by company insiders |
Other Information on Investing in Golan Stock
Golan Plastic financial ratios help investors to determine whether Golan 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 Golan with respect to the benefits of owning Golan Plastic security.