Gms Inc Stock Chance of Future Stock Price Finishing Under 76.85
| GMS Stock | USD 100.48 3.36 3.24% |
GMS |
GMS Target Price Odds to finish below 76.85
The tendency of GMS 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 $ 76.85 or more in 90 days |
| 100.48 | 90 days | 76.85 | near 1 |
Based on a normal probability distribution, the odds of GMS to drop to $ 76.85 or more in 90 days from now is near 1 (This GMS Inc probability density function shows the probability of GMS Stock to fall within a particular range of prices over 90 days) . Probability of GMS Inc price to stay between $ 76.85 and its current price of $100.48 at the end of the 90-day period is more than 93.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.45 . 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, GMS will likely underperform. Additionally GMS Inc 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. GMS Price Density |
| Price |
Predictive Modules for GMS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GMS Inc. 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.GMS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GMS is not an exception. The market had few large corrections towards the GMS'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 GMS Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GMS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 5.45 | |
Ir | Information ratio | 0.01 |
GMS 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 GMS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GMS Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GMS Inc is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Theres Been No Shortage Of Growth Recently For GMS Returns On Capital |
GMS 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 GMS Stock often depends not only on the future outlook of the current and potential GMS'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. GMS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.9 M | |
| Cash And Short Term Investments | 166.1 M |
GMS Technical Analysis
GMS's future price can be derived by breaking down and analyzing its technical indicators over time. GMS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GMS Inc. In general, you should focus on analyzing GMS Stock price patterns and their correlations with different microeconomic environments and drivers.
GMS Predictive Forecast Models
GMS's time-series forecasting models is one of many GMS'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 GMS'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 GMS Inc
Checking the ongoing alerts about GMS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GMS Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GMS Inc is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Theres Been No Shortage Of Growth Recently For GMS Returns On Capital |
Additional Tools for GMS Stock Analysis
When running GMS's price analysis, check to measure GMS'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 GMS is operating at the current time. Most of GMS's value examination focuses on studying past and present price action to predict the probability of GMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMS's price. Additionally, you may evaluate how the addition of GMS to your portfolios can decrease your overall portfolio volatility.