Gurit Holding (Switzerland) Probability of Future Stock Price Finishing Over 60.14
| GURN Stock | 11.36 0.22 1.90% |
Gurit |
Gurit Holding Target Price Odds to finish over 60.14
The tendency of Gurit 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 move over 60.14 or more in 90 days |
| 11.36 | 90 days | 60.14 | near 1 |
Based on a normal probability distribution, the odds of Gurit Holding to move over 60.14 or more in 90 days from now is near 1 (This Gurit Holding AG probability density function shows the probability of Gurit Stock to fall within a particular range of prices over 90 days) . Probability of Gurit Holding AG price to stay between its current price of 11.36 and 60.14 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Gurit Holding has a beta of 0.54. This usually indicates as returns on the market go up, Gurit Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gurit Holding AG will be expected to be much smaller as well. Additionally Gurit Holding AG 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. Gurit Holding Price Density |
| Price |
Predictive Modules for Gurit Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gurit Holding AG. 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.Gurit Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gurit Holding is not an exception. The market had few large corrections towards the Gurit Holding'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 Gurit Holding AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gurit Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.61 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 6.69 | |
Ir | Information ratio | -0.35 |
Gurit Holding 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 Gurit Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gurit Holding AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gurit Holding AG generated a negative expected return over the last 90 days | |
| Gurit Holding AG has high historical volatility and very poor performance | |
| About 41.0% of the company shares are held by company insiders |
Gurit Holding 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 Gurit Stock often depends not only on the future outlook of the current and potential Gurit Holding'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. Gurit Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.2 M | |
| Cash And Short Term Investments | 29 M |
Gurit Holding Technical Analysis
Gurit Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Gurit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gurit Holding AG. In general, you should focus on analyzing Gurit Stock price patterns and their correlations with different microeconomic environments and drivers.
Gurit Holding Predictive Forecast Models
Gurit Holding's time-series forecasting models is one of many Gurit Holding'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 Gurit Holding'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 Gurit Holding AG
Checking the ongoing alerts about Gurit Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gurit Holding AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gurit Holding AG generated a negative expected return over the last 90 days | |
| Gurit Holding AG has high historical volatility and very poor performance | |
| About 41.0% of the company shares are held by company insiders |
Additional Tools for Gurit Stock Analysis
When running Gurit Holding's price analysis, check to measure Gurit Holding'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 Gurit Holding is operating at the current time. Most of Gurit Holding's value examination focuses on studying past and present price action to predict the probability of Gurit Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gurit Holding's price. Additionally, you may evaluate how the addition of Gurit Holding to your portfolios can decrease your overall portfolio volatility.