Greentech Metals (Australia) Probability of Future Stock Price Finishing Over 0.097
| GRE Stock | 0.1 0 3.19% |
Greentech |
Greentech Metals Target Price Odds to finish over 0.097
The tendency of Greentech 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 above the current price in 90 days |
| 0.1 | 90 days | 0.1 | about 78.32 |
Based on a normal probability distribution, the odds of Greentech Metals to move above the current price in 90 days from now is about 78.32 (This Greentech Metals probability density function shows the probability of Greentech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Greentech Metals has a beta of 0.92. This usually indicates Greentech Metals market returns are related to returns on the market. As the market goes up or down, Greentech Metals is expected to follow. Additionally Greentech Metals has an alpha of 0.081, implying that it can generate a 0.081 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Greentech Metals Price Density |
| Price |
Predictive Modules for Greentech Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greentech Metals. 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.Greentech Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greentech Metals is not an exception. The market had few large corrections towards the Greentech Metals' 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 Greentech Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greentech Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.01 |
Greentech Metals 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 Greentech Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greentech Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greentech Metals had very high historical volatility over the last 90 days | |
| Greentech Metals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 68.11 K. Net Loss for the year was (4.99 M) with profit before overhead, payroll, taxes, and interest of 68.11 K. | |
| Greentech Metals generates negative cash flow from operations | |
| About 49.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Greentech Metals Promising Growth Amid Exploration Success - MSN |
Greentech Metals 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 Greentech Stock often depends not only on the future outlook of the current and potential Greentech Metals' 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. Greentech Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 76.5 M | |
| Cash And Short Term Investments | 1.8 M |
Greentech Metals Technical Analysis
Greentech Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Greentech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greentech Metals. In general, you should focus on analyzing Greentech Stock price patterns and their correlations with different microeconomic environments and drivers.
Greentech Metals Predictive Forecast Models
Greentech Metals' time-series forecasting models is one of many Greentech Metals' 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 Greentech Metals' 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 Greentech Metals
Checking the ongoing alerts about Greentech Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greentech Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greentech Metals had very high historical volatility over the last 90 days | |
| Greentech Metals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 68.11 K. Net Loss for the year was (4.99 M) with profit before overhead, payroll, taxes, and interest of 68.11 K. | |
| Greentech Metals generates negative cash flow from operations | |
| About 49.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Greentech Metals Promising Growth Amid Exploration Success - MSN |
Additional Tools for Greentech Stock Analysis
When running Greentech Metals' price analysis, check to measure Greentech Metals' 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 Greentech Metals is operating at the current time. Most of Greentech Metals' value examination focuses on studying past and present price action to predict the probability of Greentech Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greentech Metals' price. Additionally, you may evaluate how the addition of Greentech Metals to your portfolios can decrease your overall portfolio volatility.