Gn Store Nord Stock Odds of Future Pink Sheet Price Finishing Under 56.48
| GNNDY Stock | USD 56.48 1.17 2.12% |
GNNDY |
GN Store Target Price Odds to finish below 56.48
The tendency of GNNDY Pink Sheet 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 below current price in 90 days |
| 56.48 | 90 days | 56.48 | about 10.61 |
Based on a normal probability distribution, the odds of GN Store to move below current price in 90 days from now is about 10.61 (This GN Store Nord probability density function shows the probability of GNNDY Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon GN Store has a beta of 0.0329. 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 |
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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 pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 | -0.41 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 6.44 | |
Ir | Information ratio | -0.28 |
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 accumulated 9.87 B in total debt with debt to equity ratio (D/E) of 2.34, implying the company greatly relies on financing operations through barrowing. GN Store Nord has a current ratio of 0.85, 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 GNNDY 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 GNNDY Pink Sheet 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. GNNDY Pink Sheet 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 GNNDY Pink Sheet 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 pink sheet 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 pink sheet 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 accumulated 9.87 B in total debt with debt to equity ratio (D/E) of 2.34, implying the company greatly relies on financing operations through barrowing. GN Store Nord has a current ratio of 0.85, 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 GNNDY 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. |
Additional Tools for GNNDY Pink Sheet Analysis
When running GN Store's price analysis, check to measure GN Store'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 GN Store is operating at the current time. Most of GN Store's value examination focuses on studying past and present price action to predict the probability of GN Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GN Store's price. Additionally, you may evaluate how the addition of GN Store to your portfolios can decrease your overall portfolio volatility.