GN Store (Denmark) Odds of Future Stock Price Finishing Over 134.05
| GN Stock | DKK 131.75 3.10 2.30% |
GN Store |
GN Store Target Price Odds to finish over 134.05
The tendency of GN Store 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 kr 134.05 or more in 90 days |
| 131.75 | 90 days | 134.05 | about 82.82 |
Based on a normal probability distribution, the odds of GN Store to move over kr 134.05 or more in 90 days from now is about 82.82 (This GN Store Nord probability density function shows the probability of GN Store Stock to fall within a particular range of prices over 90 days) . Probability of GN Store Nord price to stay between its current price of kr 131.75 and kr 134.05 at the end of the 90-day period is nearly 4.34 .
Assuming the 90 days horizon GN Store has a beta of 0.0217. This usually indicates as returns on the market go up, GN Store average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GN Store Nord will be expected to be much smaller as well. Additionally GN Store Nord 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. GN Store Price Density |
| Price |
Predictive Modules for GN Store
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GN Store Nord. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GN Store's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GN Store Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GN Store is not an exception. The market had few large corrections towards the GN Store'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 GN Store Nord, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GN Store within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 12.29 | |
Ir | Information ratio | -0.17 |
GN Store 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 GN Store for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GN Store Nord can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GN Store Nord generated a negative expected return over the last 90 days | |
| GN Store Nord has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| GN Store Nord has accumulated 9.87 B in total debt with debt to equity ratio (D/E) of 126.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. GN Store Nord has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GN Store until it has trouble settling it off, either with new capital or with free cash flow. So, GN Store's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GN Store Nord sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GN Store to invest in growth at high rates of return. When we think about GN Store's use of debt, we should always consider it together with cash and equity. |
GN Store 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 GN Store Stock often depends not only on the future outlook of the current and potential GN Store'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. GN Store's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 128 M |
GN Store Technical Analysis
GN Store's future price can be derived by breaking down and analyzing its technical indicators over time. GN Store Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GN Store Nord. In general, you should focus on analyzing GN Store Stock price patterns and their correlations with different microeconomic environments and drivers.
GN Store Predictive Forecast Models
GN Store's time-series forecasting models is one of many GN Store'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 GN Store'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 GN Store Nord
Checking the ongoing alerts about GN Store for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GN Store Nord help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GN Store Nord generated a negative expected return over the last 90 days | |
| GN Store Nord has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| GN Store Nord has accumulated 9.87 B in total debt with debt to equity ratio (D/E) of 126.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. GN Store Nord has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GN Store until it has trouble settling it off, either with new capital or with free cash flow. So, GN Store's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GN Store Nord sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GN Store to invest in growth at high rates of return. When we think about GN Store's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in GN Store Stock
GN Store financial ratios help investors to determine whether GN Store 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 GN Store with respect to the benefits of owning GN Store security.