Galaxy Entertainment Group Stock Probability of Future Pink Sheet Price Finishing Over 19.31
| GXYYY Stock | USD 21.07 0.07 0.33% |
Galaxy |
Galaxy Entertainment Target Price Odds to finish over 19.31
The tendency of Galaxy Pink Sheet 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 above $ 19.31 in 90 days |
| 21.07 | 90 days | 19.31 | about 80.58 |
Based on a normal probability distribution, the odds of Galaxy Entertainment to stay above $ 19.31 in 90 days from now is about 80.58 (This Galaxy Entertainment Group probability density function shows the probability of Galaxy Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Galaxy Entertainment price to stay between $ 19.31 and its current price of $21.07 at the end of the 90-day period is about 24.62 .
Assuming the 90 days horizon Galaxy Entertainment Group has a beta of -0.39. This usually indicates as returns on the benchmark increase, returns on holding Galaxy Entertainment are expected to decrease at a much lower rate. During a bear market, however, Galaxy Entertainment Group is likely to outperform the market. Additionally Galaxy Entertainment Group has an alpha of 0.2013, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Galaxy Entertainment Price Density |
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Predictive Modules for Galaxy Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galaxy Entertainment. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Galaxy Entertainment'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.
Galaxy Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galaxy Entertainment is not an exception. The market had few large corrections towards the Galaxy Entertainment'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 Galaxy Entertainment Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galaxy Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 2.47 | |
Ir | Information ratio | 0.01 |
Galaxy Entertainment 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 Galaxy Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galaxy Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Galaxy Entertainment had very high historical volatility over the last 90 days | |
| Galaxy Entertainment has high likelihood to experience some financial distress in the next 2 years | |
| Galaxy Entertainment Group has accumulated about 19.42 B in cash with (3.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Galaxy Entertainment 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 Galaxy Pink Sheet often depends not only on the future outlook of the current and potential Galaxy Entertainment'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. Galaxy Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 872.3 M | |
| Cash And Short Term Investments | 21.4 B |
Galaxy Entertainment Technical Analysis
Galaxy Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Galaxy Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galaxy Entertainment Group. In general, you should focus on analyzing Galaxy Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Galaxy Entertainment Predictive Forecast Models
Galaxy Entertainment's time-series forecasting models is one of many Galaxy Entertainment's pink sheet 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 Galaxy Entertainment'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Galaxy Entertainment
Checking the ongoing alerts about Galaxy Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galaxy Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Galaxy Entertainment had very high historical volatility over the last 90 days | |
| Galaxy Entertainment has high likelihood to experience some financial distress in the next 2 years | |
| Galaxy Entertainment Group has accumulated about 19.42 B in cash with (3.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Galaxy Pink Sheet Analysis
When running Galaxy Entertainment's price analysis, check to measure Galaxy Entertainment'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 Galaxy Entertainment is operating at the current time. Most of Galaxy Entertainment's value examination focuses on studying past and present price action to predict the probability of Galaxy Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Entertainment's price. Additionally, you may evaluate how the addition of Galaxy Entertainment to your portfolios can decrease your overall portfolio volatility.