Global Water Resources Stock Probability of Future Stock Price Finishing Under 11.32
| GWRS Stock | USD 13.40 0.02 0.15% |
Global |
Global Water Target Price Odds to finish below 11.32
The tendency of Global 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 $ 11.32 or more in 90 days |
| 13.40 | 90 days | 11.32 | near 1 |
Based on a normal probability distribution, the odds of Global Water to drop to $ 11.32 or more in 90 days from now is near 1 (This Global Water Resources probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Water Resources price to stay between $ 11.32 and its current price of $13.4 at the end of the 90-day period is roughly 96.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.26 . 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, Global Water will likely underperform. Additionally Global Water Resources 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. Global Water Price Density |
| Price |
Predictive Modules for Global Water
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Water Resources. 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.Global Water Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Water is not an exception. The market had few large corrections towards the Global Water'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 Global Water Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Water within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.26 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | -0.0088 |
Global Water 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 Global Water for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Water Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Water Resources currently holds 108.91 M in liabilities with Debt to Equity (D/E) ratio of 3.76, implying the company greatly relies on financing operations through barrowing. Global Water Resources has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Global Water's use of debt, we should always consider it together with its cash and equity. | |
| About 52.0% of Global Water shares are held by company insiders | |
| On 27th of November 2024 Global Water paid $ 0.0251 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Global Water Resources declares 0.0253 dividend |
Global Water 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 Global Stock often depends not only on the future outlook of the current and potential Global Water'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. Global Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.1 M | |
| Cash And Short Term Investments | 3.1 M |
Global Water Technical Analysis
Global Water's future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Water Resources. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Water Predictive Forecast Models
Global Water's time-series forecasting models is one of many Global Water'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 Global Water'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 Global Water Resources
Checking the ongoing alerts about Global Water for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Water Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Water Resources currently holds 108.91 M in liabilities with Debt to Equity (D/E) ratio of 3.76, implying the company greatly relies on financing operations through barrowing. Global Water Resources has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Global Water's use of debt, we should always consider it together with its cash and equity. | |
| About 52.0% of Global Water shares are held by company insiders | |
| On 27th of November 2024 Global Water paid $ 0.0251 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Global Water Resources declares 0.0253 dividend |
Additional Tools for Global Stock Analysis
When running Global Water's price analysis, check to measure Global Water'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 Global Water is operating at the current time. Most of Global Water's value examination focuses on studying past and present price action to predict the probability of Global Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Water's price. Additionally, you may evaluate how the addition of Global Water to your portfolios can decrease your overall portfolio volatility.