Global Self Storage Stock Probability of Future Stock Price Finishing Over 9.80
| SELF Stock | USD 5.15 0.03 0.58% |
Closest to current price Global long CALL Option Payoff at Expiration
Global |
Global Self Target Price Odds to finish over 9.80
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 move over $ 9.80 or more in 90 days |
| 5.15 | 90 days | 9.80 | close to zero percent |
Based on a normal probability distribution, the odds of Global Self to move over $ 9.80 or more in 90 days from now is close to zero percent (This Global Self Storage probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Self Storage price to stay between its current price of $ 5.15 and $ 9.80 at the end of the 90-day period is about 29.03 .
Given the investment horizon of 90 days Global Self has a beta of 0.19. This usually implies as returns on the market go up, Global Self average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Self Storage will be expected to be much smaller as well. Additionally Global Self Storage 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 Self Price Density |
| Price |
Predictive Modules for Global Self
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 Self Storage. 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 Self Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Self is not an exception. The market had few large corrections towards the Global Self'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 Self Storage, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Self within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.08 |
Global Self 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 Self for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Self Storage 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 Self Storage is unlikely to experience financial distress in the next 2 years | |
| Global Self Storage has a strong financial position based on the latest SEC filings | |
| Latest headline from seekingalpha.com: Global Self Storage files for 100M mixed securities shelf |
Global Self 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 Self'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 Self's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.1 M | |
| Cash And Short Term Investments | 6.9 M |
Global Self Technical Analysis
Global Self'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 Self Storage. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Self Predictive Forecast Models
Global Self's time-series forecasting models is one of many Global Self'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 Self'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 Self Storage
Checking the ongoing alerts about Global Self for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Self Storage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Self Storage is unlikely to experience financial distress in the next 2 years | |
| Global Self Storage has a strong financial position based on the latest SEC filings | |
| Latest headline from seekingalpha.com: Global Self Storage files for 100M mixed securities shelf |
Check out Global Self Backtesting, Global Self Valuation, Global Self Correlation, Global Self Hype Analysis, Global Self Volatility, Global Self History as well as Global Self Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Self. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Self listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4 | Dividend Share 0.29 | Earnings Share 0.27 | Revenue Per Share 1.112 | Quarterly Revenue Growth 0.036 |
The market value of Global Self Storage is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Self's value that differs from its market value or its book value, called intrinsic value, which is Global Self's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Self's market value can be influenced by many factors that don't directly affect Global Self's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Self's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Self is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Self's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.