Gryphon Digital Mining Stock Probability of Future Stock Price Finishing Under 0.51
| GRYP Stock | 0.69 0.03 4.55% |
Gryphon |
Gryphon Digital Target Price Odds to finish below 0.51
The tendency of Gryphon 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 0.51 or more in 90 days |
| 0.69 | 90 days | 0.51 | about 12.73 |
Based on a normal probability distribution, the odds of Gryphon Digital to drop to 0.51 or more in 90 days from now is about 12.73 (This Gryphon Digital Mining probability density function shows the probability of Gryphon Stock to fall within a particular range of prices over 90 days) . Probability of Gryphon Digital Mining price to stay between 0.51 and its current price of 0.69 at the end of the 90-day period is about 63.72 .
Given the investment horizon of 90 days the stock has the beta coefficient of 5.03 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gryphon Digital will likely underperform. Additionally Gryphon Digital Mining has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Gryphon Digital Price Density |
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Predictive Modules for Gryphon Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gryphon Digital Mining. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gryphon Digital'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.
Gryphon Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gryphon Digital is not an exception. The market had few large corrections towards the Gryphon Digital'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 Gryphon Digital Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gryphon Digital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 5.03 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.01 |
Gryphon Digital 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 Gryphon Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gryphon Digital Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gryphon Digital had very high historical volatility over the last 90 days | |
| Gryphon Digital has some characteristics of a very speculative penny stock | |
| Gryphon Digital has a very high chance of going through financial distress in the upcoming years | |
| Gryphon Digital Mining was previously known as KERN Old and was traded on NASDAQ Exchange under the symbol KERN. | |
| The company reported the previous year's revenue of 6.84 M. Net Loss for the year was (28.6 M) with profit before overhead, payroll, taxes, and interest of 8.23 M. | |
| Gryphon Digital has a poor financial position based on the latest SEC disclosures | |
| About 64.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Gryphon Digital Mining reports Q3 results |
Gryphon Digital 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 Gryphon Stock often depends not only on the future outlook of the current and potential Gryphon Digital'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. Gryphon Digital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25 M | |
| Cash And Short Term Investments | 1.3 M |
Gryphon Digital Technical Analysis
Gryphon Digital's future price can be derived by breaking down and analyzing its technical indicators over time. Gryphon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gryphon Digital Mining. In general, you should focus on analyzing Gryphon Stock price patterns and their correlations with different microeconomic environments and drivers.
Gryphon Digital Predictive Forecast Models
Gryphon Digital's time-series forecasting models is one of many Gryphon Digital'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 Gryphon Digital'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 Gryphon Digital Mining
Checking the ongoing alerts about Gryphon Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gryphon Digital Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gryphon Digital had very high historical volatility over the last 90 days | |
| Gryphon Digital has some characteristics of a very speculative penny stock | |
| Gryphon Digital has a very high chance of going through financial distress in the upcoming years | |
| Gryphon Digital Mining was previously known as KERN Old and was traded on NASDAQ Exchange under the symbol KERN. | |
| The company reported the previous year's revenue of 6.84 M. Net Loss for the year was (28.6 M) with profit before overhead, payroll, taxes, and interest of 8.23 M. | |
| Gryphon Digital has a poor financial position based on the latest SEC disclosures | |
| About 64.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Gryphon Digital Mining reports Q3 results |
Additional Tools for Gryphon Stock Analysis
When running Gryphon Digital's price analysis, check to measure Gryphon Digital'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 Gryphon Digital is operating at the current time. Most of Gryphon Digital's value examination focuses on studying past and present price action to predict the probability of Gryphon Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gryphon Digital's price. Additionally, you may evaluate how the addition of Gryphon Digital to your portfolios can decrease your overall portfolio volatility.