Greenroc Mining (UK) Probability of Future Stock Price Finishing Over 1.3
| GROC Stock | 1.60 0.00 0.00% |
Greenroc |
Greenroc Mining Target Price Odds to finish over 1.3
The tendency of Greenroc 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 above 1.30 in 90 days |
| 1.60 | 90 days | 1.30 | under 95 |
Based on a normal probability distribution, the odds of Greenroc Mining to stay above 1.30 in 90 days from now is under 95 (This Greenroc Mining PLC probability density function shows the probability of Greenroc Stock to fall within a particular range of prices over 90 days) . Probability of Greenroc Mining PLC price to stay between 1.30 and its current price of 1.6 at the end of the 90-day period is about 64.12 .
Assuming the 90 days trading horizon Greenroc Mining PLC has a beta of -0.48. This usually indicates as returns on the benchmark increase, returns on holding Greenroc Mining are expected to decrease at a much lower rate. During a bear market, however, Greenroc Mining PLC is likely to outperform the market. Additionally Greenroc Mining PLC has an alpha of 0.3975, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Greenroc Mining Price Density |
| Price |
Predictive Modules for Greenroc Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenroc Mining PLC. 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.Greenroc Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenroc Mining is not an exception. The market had few large corrections towards the Greenroc Mining'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 Greenroc Mining PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenroc Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.48 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.05 |
Greenroc Mining 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 Greenroc Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenroc Mining PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greenroc Mining PLC may become a speculative penny stock | |
| Greenroc Mining PLC had very high historical volatility over the last 90 days | |
| Greenroc Mining PLC has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.69 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Greenroc Mining generates negative cash flow from operations | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: GreenRoc Advances Graphite Project and Expands Industry Ties - TipRanks |
Greenroc Mining 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 Greenroc Stock often depends not only on the future outlook of the current and potential Greenroc Mining'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. Greenroc Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 134.2 M | |
| Cash And Short Term Investments | 152 K |
Greenroc Mining Technical Analysis
Greenroc Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Greenroc Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greenroc Mining PLC. In general, you should focus on analyzing Greenroc Stock price patterns and their correlations with different microeconomic environments and drivers.
Greenroc Mining Predictive Forecast Models
Greenroc Mining's time-series forecasting models is one of many Greenroc Mining'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 Greenroc Mining'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 Greenroc Mining PLC
Checking the ongoing alerts about Greenroc Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greenroc Mining PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greenroc Mining PLC may become a speculative penny stock | |
| Greenroc Mining PLC had very high historical volatility over the last 90 days | |
| Greenroc Mining PLC has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.69 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Greenroc Mining generates negative cash flow from operations | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: GreenRoc Advances Graphite Project and Expands Industry Ties - TipRanks |
Additional Tools for Greenroc Stock Analysis
When running Greenroc Mining's price analysis, check to measure Greenroc Mining'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 Greenroc Mining is operating at the current time. Most of Greenroc Mining's value examination focuses on studying past and present price action to predict the probability of Greenroc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenroc Mining's price. Additionally, you may evaluate how the addition of Greenroc Mining to your portfolios can decrease your overall portfolio volatility.