Gratomic Stock Odds of Future Stock Price Finishing Under 0.064
| GRAT Stock | CAD 0.07 0.01 30.00% |
Gratomic |
Gratomic Target Price Odds to finish below 0.064
The tendency of Gratomic 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 C$ 0.06 or more in 90 days |
| 0.07 | 90 days | 0.06 | about 48.77 |
Based on a normal probability distribution, the odds of Gratomic to drop to C$ 0.06 or more in 90 days from now is about 48.77 (This Gratomic probability density function shows the probability of Gratomic Stock to fall within a particular range of prices over 90 days) . Probability of Gratomic price to stay between C$ 0.06 and its current price of C$0.065 at the end of the 90-day period is about 5.46 .
Assuming the 90 days trading horizon Gratomic has a beta of -2.35. This usually indicates as returns on its benchmark rise, returns on holding Gratomic are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Gratomic is expected to outperform its benchmark. Additionally Gratomic has an alpha of 0.4319, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gratomic Price Density |
| Price |
Predictive Modules for Gratomic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gratomic. 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 Gratomic'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.
Gratomic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gratomic is not an exception. The market had few large corrections towards the Gratomic'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 Gratomic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gratomic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | -2.35 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0 |
Gratomic 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 Gratomic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gratomic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gratomic had very high historical volatility over the last 90 days | |
| Gratomic has some characteristics of a very speculative penny stock | |
| Gratomic has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.31 M) with loss before overhead, payroll, taxes, and interest of (248.19 K). | |
| Gratomic has accumulated about 343.29 K in cash with (3.27 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Gratomic Inc. Boosts Aukam Graphite Mine Operations - TipRanks |
Gratomic 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 Gratomic Stock often depends not only on the future outlook of the current and potential Gratomic'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. Gratomic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200.3 M |
Gratomic Technical Analysis
Gratomic's future price can be derived by breaking down and analyzing its technical indicators over time. Gratomic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gratomic. In general, you should focus on analyzing Gratomic Stock price patterns and their correlations with different microeconomic environments and drivers.
Gratomic Predictive Forecast Models
Gratomic's time-series forecasting models is one of many Gratomic'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 Gratomic'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 Gratomic
Checking the ongoing alerts about Gratomic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gratomic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gratomic had very high historical volatility over the last 90 days | |
| Gratomic has some characteristics of a very speculative penny stock | |
| Gratomic has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.31 M) with loss before overhead, payroll, taxes, and interest of (248.19 K). | |
| Gratomic has accumulated about 343.29 K in cash with (3.27 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Gratomic Inc. Boosts Aukam Graphite Mine Operations - TipRanks |
Additional Tools for Gratomic Stock Analysis
When running Gratomic's price analysis, check to measure Gratomic'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 Gratomic is operating at the current time. Most of Gratomic's value examination focuses on studying past and present price action to predict the probability of Gratomic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gratomic's price. Additionally, you may evaluate how the addition of Gratomic to your portfolios can decrease your overall portfolio volatility.