Griffon 575 Odds of Future Bond Price Finishing Under 96.66
| 398433AP7 | 97.00 2.50 2.51% |
Griffon |
Griffon Target Price Odds to finish below 96.66
The tendency of Griffon Bond 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 96.66 or more in 90 days |
| 97.00 | 90 days | 96.66 | near 1 |
Based on a normal probability distribution, the odds of Griffon to drop to 96.66 or more in 90 days from now is near 1 (This Griffon 575 probability density function shows the probability of Griffon Bond to fall within a particular range of prices over 90 days) . Probability of Griffon 575 price to stay between 96.66 and its current price of 97.0 at the end of the 90-day period is about 1.78 .
Assuming the 90 days trading horizon Griffon has a beta of 0.11. This usually implies as returns on the market go up, Griffon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Griffon 575 will be expected to be much smaller as well. Additionally Griffon 575 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. Griffon Price Density |
| Price |
Predictive Modules for Griffon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Griffon 575. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.Griffon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Griffon is not an exception. The market had few large corrections towards the Griffon'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 Griffon 575, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Griffon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.14 |
Griffon 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 Griffon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Griffon 575 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Griffon 575 generated a negative expected return over the last 90 days |
Griffon Technical Analysis
Griffon's future price can be derived by breaking down and analyzing its technical indicators over time. Griffon Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Griffon 575. In general, you should focus on analyzing Griffon Bond price patterns and their correlations with different microeconomic environments and drivers.
Griffon Predictive Forecast Models
Griffon's time-series forecasting models is one of many Griffon's bond 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 Griffon'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 bond market movement and maximize returns from investment trading.
Things to note about Griffon 575
Checking the ongoing alerts about Griffon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Griffon 575 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Griffon 575 generated a negative expected return over the last 90 days |
Other Information on Investing in Griffon Bond
Griffon financial ratios help investors to determine whether Griffon Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Griffon with respect to the benefits of owning Griffon security.