Grand River Commerce Stock Probability of Future OTC Stock Price Finishing Under 0.12
| GNRV Stock | USD 3.05 0.16 5.54% |
Grand |
Grand River Target Price Odds to finish below 0.12
The tendency of Grand OTC 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 $ 0.12 or more in 90 days |
| 3.05 | 90 days | 0.12 | near 1 |
Based on a normal probability distribution, the odds of Grand River to drop to $ 0.12 or more in 90 days from now is near 1 (This Grand River Commerce probability density function shows the probability of Grand OTC Stock to fall within a particular range of prices over 90 days) . Probability of Grand River Commerce price to stay between $ 0.12 and its current price of $3.05 at the end of the 90-day period is about 67.3 .
Given the investment horizon of 90 days Grand River Commerce has a beta of -1.39. This usually indicates as returns on its benchmark rise, returns on holding Grand River Commerce are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Grand River is expected to outperform its benchmark. Additionally Grand River Commerce has an alpha of 0.3838, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Grand River Price Density |
| Price |
Predictive Modules for Grand River
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grand River Commerce. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Grand River Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grand River is not an exception. The market had few large corrections towards the Grand River'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 Grand River Commerce, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grand River within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -1.39 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.03 |
Grand River 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 Grand OTC Stock often depends not only on the future outlook of the current and potential Grand River'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. Grand River's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.7 M |
Grand River Technical Analysis
Grand River's future price can be derived by breaking down and analyzing its technical indicators over time. Grand OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grand River Commerce. In general, you should focus on analyzing Grand OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Grand River Predictive Forecast Models
Grand River's time-series forecasting models is one of many Grand River's otc 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 Grand River'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 otc stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grand River in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grand River's short interest history, or implied volatility extrapolated from Grand River options trading.
Additional Tools for Grand OTC Stock Analysis
When running Grand River's price analysis, check to measure Grand River'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 Grand River is operating at the current time. Most of Grand River's value examination focuses on studying past and present price action to predict the probability of Grand River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand River's price. Additionally, you may evaluate how the addition of Grand River to your portfolios can decrease your overall portfolio volatility.