Gran Tierra Energy Stock Probability of Future Stock Price Finishing Under 0.09
| GTE Stock | CAD 8.93 0.13 1.48% |
Gran |
Gran Tierra Target Price Odds to finish below 0.09
The tendency of Gran 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 C$ 0.09 or more in 90 days |
| 8.93 | 90 days | 0.09 | near 1 |
Based on a normal probability distribution, the odds of Gran Tierra to drop to C$ 0.09 or more in 90 days from now is near 1 (This Gran Tierra Energy probability density function shows the probability of Gran Stock to fall within a particular range of prices over 90 days) . Probability of Gran Tierra Energy price to stay between C$ 0.09 and its current price of C$8.93 at the end of the 90-day period is about 51.75 .
Assuming the 90 days trading horizon Gran Tierra has a beta of 0.38. This usually indicates as returns on the market go up, Gran Tierra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gran Tierra Energy will be expected to be much smaller as well. Additionally Gran Tierra Energy 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. Gran Tierra Price Density |
| Price |
Predictive Modules for Gran Tierra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gran Tierra Energy. 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.Gran Tierra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gran Tierra is not an exception. The market had few large corrections towards the Gran Tierra'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 Gran Tierra Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gran Tierra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.12 |
Gran Tierra 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 Gran Tierra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gran Tierra Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gran Tierra Energy generated a negative expected return over the last 90 days | |
| Gran Tierra Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 636.96 M. Net Loss for the year was (6.29 M) with profit before overhead, payroll, taxes, and interest of 538.81 M. | |
| Latest headline from news.google.com: Gran Tierra Energy Executives Acquire Shares, Signaling Confidence - TipRanks |
Gran Tierra 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 Gran Stock often depends not only on the future outlook of the current and potential Gran Tierra'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. Gran Tierra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.5 M | |
| Cash And Short Term Investments | 62.1 M |
Gran Tierra Technical Analysis
Gran Tierra's future price can be derived by breaking down and analyzing its technical indicators over time. Gran Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gran Tierra Energy. In general, you should focus on analyzing Gran Stock price patterns and their correlations with different microeconomic environments and drivers.
Gran Tierra Predictive Forecast Models
Gran Tierra's time-series forecasting models is one of many Gran Tierra'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 Gran Tierra'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 Gran Tierra Energy
Checking the ongoing alerts about Gran Tierra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gran Tierra Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gran Tierra Energy generated a negative expected return over the last 90 days | |
| Gran Tierra Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 636.96 M. Net Loss for the year was (6.29 M) with profit before overhead, payroll, taxes, and interest of 538.81 M. | |
| Latest headline from news.google.com: Gran Tierra Energy Executives Acquire Shares, Signaling Confidence - TipRanks |
Check out Gran Tierra Backtesting, Gran Tierra Valuation, Gran Tierra Correlation, Gran Tierra Hype Analysis, Gran Tierra Volatility, Gran Tierra History as well as Gran Tierra Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.