Grown Rogue International Stock Probability of Future OTC Stock Price Finishing Under 0.56
| GRUSF Stock | USD 0.65 0.02 2.99% |
Grown |
Grown Rogue Target Price Odds to finish below 0.56
The tendency of Grown OTC 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 $ 0.56 or more in 90 days |
| 0.65 | 90 days | 0.56 | near 1 |
Based on a normal probability distribution, the odds of Grown Rogue to drop to $ 0.56 or more in 90 days from now is near 1 (This Grown Rogue International probability density function shows the probability of Grown OTC Stock to fall within a particular range of prices over 90 days) . Probability of Grown Rogue International price to stay between $ 0.56 and its current price of $0.65 at the end of the 90-day period is about 28.9 .
Assuming the 90 days horizon Grown Rogue International has a beta of -0.56. This usually indicates as returns on the benchmark increase, returns on holding Grown Rogue are expected to decrease at a much lower rate. During a bear market, however, Grown Rogue International is likely to outperform the market. Additionally Grown Rogue International has an alpha of 0.2955, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Grown Rogue Price Density |
| Price |
Predictive Modules for Grown Rogue
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grown Rogue International. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Grown Rogue'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.
Grown Rogue Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grown Rogue is not an exception. The market had few large corrections towards the Grown Rogue'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 Grown Rogue International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grown Rogue within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -0.56 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.03 |
Grown Rogue 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 Grown Rogue for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grown Rogue International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grown Rogue has some characteristics of a very speculative penny stock | |
| Grown Rogue had very high historical volatility over the last 90 days | |
| The company reported the revenue of 9.38 M. Net Loss for the year was (1.01 M) with profit before overhead, payroll, taxes, and interest of 6.1 M. | |
| Grown Rogue International has accumulated about 1.53 M in cash with (238.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 23.0% of the company shares are held by company insiders |
Grown Rogue 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 Grown OTC Stock often depends not only on the future outlook of the current and potential Grown Rogue'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. Grown Rogue's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.2 M | |
| Cash And Short Term Investments | 1.1 M |
Grown Rogue Technical Analysis
Grown Rogue's future price can be derived by breaking down and analyzing its technical indicators over time. Grown OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grown Rogue International. In general, you should focus on analyzing Grown OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Grown Rogue Predictive Forecast Models
Grown Rogue's time-series forecasting models is one of many Grown Rogue's otc 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 Grown Rogue'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 otc stock market movement and maximize returns from investment trading.
Things to note about Grown Rogue International
Checking the ongoing alerts about Grown Rogue for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grown Rogue International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grown Rogue has some characteristics of a very speculative penny stock | |
| Grown Rogue had very high historical volatility over the last 90 days | |
| The company reported the revenue of 9.38 M. Net Loss for the year was (1.01 M) with profit before overhead, payroll, taxes, and interest of 6.1 M. | |
| Grown Rogue International has accumulated about 1.53 M in cash with (238.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 23.0% of the company shares are held by company insiders |
Other Information on Investing in Grown OTC Stock
Grown Rogue financial ratios help investors to determine whether Grown OTC 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 Grown with respect to the benefits of owning Grown Rogue security.