G6 Materials Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.034
| GPHBF Stock | USD 0.03 0.01 20.00% |
GPHBF |
G6 Materials Target Price Odds to finish over 0.034
The tendency of GPHBF 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 over $ 0.03 or more in 90 days |
| 0.03 | 90 days | 0.03 | about 63.27 |
Based on a normal probability distribution, the odds of G6 Materials to move over $ 0.03 or more in 90 days from now is about 63.27 (This G6 Materials Corp probability density function shows the probability of GPHBF Pink Sheet to fall within a particular range of prices over 90 days) . Probability of G6 Materials Corp price to stay between its current price of $ 0.03 and $ 0.03 at the end of the 90-day period is about 17.82 .
Assuming the 90 days horizon G6 Materials has a beta of 0.45. This usually indicates as returns on the market go up, G6 Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding G6 Materials Corp will be expected to be much smaller as well. Additionally G6 Materials Corp 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. G6 Materials Price Density |
| Price |
Predictive Modules for G6 Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as G6 Materials Corp. 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.G6 Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. G6 Materials is not an exception. The market had few large corrections towards the G6 Materials' 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 G6 Materials Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of G6 Materials within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.06 |
G6 Materials 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 G6 Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for G6 Materials Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| G6 Materials Corp generated a negative expected return over the last 90 days | |
| G6 Materials Corp has high historical volatility and very poor performance | |
| G6 Materials Corp has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 1.36 M. Net Loss for the year was (4.74 M) with profit before overhead, payroll, taxes, and interest of 602.57 K. | |
| G6 Materials Corp has accumulated about 2.12 M in cash with (2.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
G6 Materials 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 GPHBF Pink Sheet often depends not only on the future outlook of the current and potential G6 Materials' 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. G6 Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 163.7 M | |
| Shares Float | 151.9 M |
G6 Materials Technical Analysis
G6 Materials' future price can be derived by breaking down and analyzing its technical indicators over time. GPHBF Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of G6 Materials Corp. In general, you should focus on analyzing GPHBF Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
G6 Materials Predictive Forecast Models
G6 Materials' time-series forecasting models is one of many G6 Materials' 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 G6 Materials' 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 G6 Materials Corp
Checking the ongoing alerts about G6 Materials for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for G6 Materials Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| G6 Materials Corp generated a negative expected return over the last 90 days | |
| G6 Materials Corp has high historical volatility and very poor performance | |
| G6 Materials Corp has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 1.36 M. Net Loss for the year was (4.74 M) with profit before overhead, payroll, taxes, and interest of 602.57 K. | |
| G6 Materials Corp has accumulated about 2.12 M in cash with (2.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Other Information on Investing in GPHBF Pink Sheet
G6 Materials financial ratios help investors to determine whether GPHBF Pink Sheet 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 GPHBF with respect to the benefits of owning G6 Materials security.