GreenMobility (Denmark) Probability of Future Stock Price Finishing Over 34.72
| GREENM Stock | DKK 31.20 0.40 1.30% |
GreenMobility |
GreenMobility Target Price Odds to finish over 34.72
The tendency of GreenMobility 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 over kr 34.72 or more in 90 days |
| 31.20 | 90 days | 34.72 | near 1 |
Based on a normal probability distribution, the odds of GreenMobility to move over kr 34.72 or more in 90 days from now is near 1 (This GreenMobility AS probability density function shows the probability of GreenMobility Stock to fall within a particular range of prices over 90 days) . Probability of GreenMobility AS price to stay between its current price of kr 31.20 and kr 34.72 at the end of the 90-day period is about 52.84 .
Assuming the 90 days trading horizon GreenMobility AS has a beta of -0.11. This usually indicates as returns on the benchmark increase, returns on holding GreenMobility are expected to decrease at a much lower rate. During a bear market, however, GreenMobility AS is likely to outperform the market. Additionally GreenMobility AS has an alpha of 0.0676, implying that it can generate a 0.0676 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GreenMobility Price Density |
| Price |
Predictive Modules for GreenMobility
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GreenMobility AS. 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.GreenMobility Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GreenMobility is not an exception. The market had few large corrections towards the GreenMobility'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 GreenMobility AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GreenMobility within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | -0.02 |
GreenMobility 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 GreenMobility for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GreenMobility AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GreenMobility AS had very high historical volatility over the last 90 days | |
| GreenMobility AS has accumulated 19.68 M in total debt with debt to equity ratio (D/E) of 2.65, implying the company greatly relies on financing operations through barrowing. GreenMobility AS has a current ratio of 0.32, 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 GreenMobility until it has trouble settling it off, either with new capital or with free cash flow. So, GreenMobility'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 GreenMobility AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GreenMobility to invest in growth at high rates of return. When we think about GreenMobility's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 62.41 M. Net Loss for the year was (49.43 M) with profit before overhead, payroll, taxes, and interest of 3.42 M. | |
| GreenMobility AS has accumulated about 5.04 M in cash with (38.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71. | |
| Roughly 27.0% of GreenMobility shares are held by company insiders |
GreenMobility 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 GreenMobility Stock often depends not only on the future outlook of the current and potential GreenMobility'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. GreenMobility's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.4 M |
GreenMobility Technical Analysis
GreenMobility's future price can be derived by breaking down and analyzing its technical indicators over time. GreenMobility Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GreenMobility AS. In general, you should focus on analyzing GreenMobility Stock price patterns and their correlations with different microeconomic environments and drivers.
GreenMobility Predictive Forecast Models
GreenMobility's time-series forecasting models is one of many GreenMobility'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 GreenMobility'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 GreenMobility AS
Checking the ongoing alerts about GreenMobility for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GreenMobility AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GreenMobility AS had very high historical volatility over the last 90 days | |
| GreenMobility AS has accumulated 19.68 M in total debt with debt to equity ratio (D/E) of 2.65, implying the company greatly relies on financing operations through barrowing. GreenMobility AS has a current ratio of 0.32, 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 GreenMobility until it has trouble settling it off, either with new capital or with free cash flow. So, GreenMobility'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 GreenMobility AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GreenMobility to invest in growth at high rates of return. When we think about GreenMobility's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 62.41 M. Net Loss for the year was (49.43 M) with profit before overhead, payroll, taxes, and interest of 3.42 M. | |
| GreenMobility AS has accumulated about 5.04 M in cash with (38.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71. | |
| Roughly 27.0% of GreenMobility shares are held by company insiders |
Other Information on Investing in GreenMobility Stock
GreenMobility financial ratios help investors to determine whether GreenMobility Stock 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 GreenMobility with respect to the benefits of owning GreenMobility security.