Grieg Seafood (Norway) Probability of Future Stock Price Finishing Under 69.16
| GSF Stock | NOK 64.80 0.45 0.69% |
Grieg |
Grieg Seafood Target Price Odds to finish below 69.16
The tendency of Grieg 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 69.16 after 90 days |
| 64.80 | 90 days | 69.16 | more than 94.0 |
Based on a normal probability distribution, the odds of Grieg Seafood to stay under 69.16 after 90 days from now is more than 94.0 (This Grieg Seafood ASA probability density function shows the probability of Grieg Stock to fall within a particular range of prices over 90 days) . Probability of Grieg Seafood ASA price to stay between its current price of 64.80 and 69.16 at the end of the 90-day period is about 15.02 .
Assuming the 90 days trading horizon Grieg Seafood has a beta of 0.48. This usually indicates as returns on the market go up, Grieg Seafood average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grieg Seafood ASA will be expected to be much smaller as well. Additionally Grieg Seafood ASA has an alpha of 0.3834, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Grieg Seafood Price Density |
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Predictive Modules for Grieg Seafood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grieg Seafood ASA. 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.Grieg Seafood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grieg Seafood is not an exception. The market had few large corrections towards the Grieg Seafood'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 Grieg Seafood ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grieg Seafood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 5.93 | |
Ir | Information ratio | 0.13 |
Grieg Seafood 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 Grieg Seafood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grieg Seafood ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 59.0% of the company shares are held by company insiders |
Grieg Seafood 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 Grieg Stock often depends not only on the future outlook of the current and potential Grieg Seafood'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. Grieg Seafood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 903.3 M |
Grieg Seafood Technical Analysis
Grieg Seafood's future price can be derived by breaking down and analyzing its technical indicators over time. Grieg Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grieg Seafood ASA. In general, you should focus on analyzing Grieg Stock price patterns and their correlations with different microeconomic environments and drivers.
Grieg Seafood Predictive Forecast Models
Grieg Seafood's time-series forecasting models is one of many Grieg Seafood'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 Grieg Seafood'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 Grieg Seafood ASA
Checking the ongoing alerts about Grieg Seafood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grieg Seafood ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 59.0% of the company shares are held by company insiders |
Other Information on Investing in Grieg Stock
Grieg Seafood financial ratios help investors to determine whether Grieg 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 Grieg with respect to the benefits of owning Grieg Seafood security.