Grindrod Shipping Holdings Probability of Future Stock Price Finishing Under 13.75
Grindrod Shipping's future price is the expected price of Grindrod Shipping instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Grindrod Shipping Holdings performance during a given time horizon utilizing its historical volatility. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Please specify Grindrod Shipping's target price for which you would like Grindrod Shipping odds to be computed.
Grindrod |
Grindrod Shipping Target Price Odds to finish below 13.75
The tendency of Grindrod 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 stay under $ 13.75 after 90 days |
| 0.00 | 90 days | 13.75 | about 54.36 |
Based on a normal probability distribution, the odds of Grindrod Shipping to stay under $ 13.75 after 90 days from now is about 54.36 (This Grindrod Shipping Holdings probability density function shows the probability of Grindrod Stock to fall within a particular range of prices over 90 days) . Probability of Grindrod Shipping price to stay between its current price of $ 0.00 and $ 13.75 at the end of the 90-day period is about 54.43 .
Given the investment horizon of 90 days Grindrod Shipping has a beta of 0.0838. This usually indicates as returns on the market go up, Grindrod Shipping average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grindrod Shipping Holdings will be expected to be much smaller as well. Additionally Grindrod Shipping Holdings has an alpha of 0.0439, implying that it can generate a 0.0439 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Grindrod Shipping Price Density |
| Price |
Predictive Modules for Grindrod Shipping
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grindrod Shipping. 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.Grindrod Shipping Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grindrod Shipping is not an exception. The market had few large corrections towards the Grindrod Shipping'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 Grindrod Shipping Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grindrod Shipping within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 2.41 | |
Ir | Information ratio | -0.14 |
Grindrod Shipping 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 Grindrod Shipping for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grindrod Shipping can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grindrod Shipping is not yet fully synchronised with the market data | |
| Grindrod Shipping has some characteristics of a very speculative penny stock | |
| Grindrod Shipping has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 387.1 M. Net Loss for the year was (9.62 M) with profit before overhead, payroll, taxes, and interest of 232.94 M. |
Grindrod Shipping 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 Grindrod Stock often depends not only on the future outlook of the current and potential Grindrod Shipping'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. Grindrod Shipping's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.5 M | |
| Cash And Short Term Investments | 59.3 M |
Grindrod Shipping Technical Analysis
Grindrod Shipping's future price can be derived by breaking down and analyzing its technical indicators over time. Grindrod Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grindrod Shipping Holdings. In general, you should focus on analyzing Grindrod Stock price patterns and their correlations with different microeconomic environments and drivers.
Grindrod Shipping Predictive Forecast Models
Grindrod Shipping's time-series forecasting models is one of many Grindrod Shipping'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 Grindrod Shipping'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 Grindrod Shipping
Checking the ongoing alerts about Grindrod Shipping for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grindrod Shipping help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grindrod Shipping is not yet fully synchronised with the market data | |
| Grindrod Shipping has some characteristics of a very speculative penny stock | |
| Grindrod Shipping has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 387.1 M. Net Loss for the year was (9.62 M) with profit before overhead, payroll, taxes, and interest of 232.94 M. |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Grindrod Stock
If you are still planning to invest in Grindrod Shipping check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Grindrod Shipping's history and understand the potential risks before investing.
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