GRANITESHARES FINANCIAL (UK) Probability of Future Stock Price Finishing Over 1.66

3SFT
 Stock
  

USD 1.66  0.04  2.35%   

GRANITESHARES FINANCIAL's future price is the expected price of GRANITESHARES FINANCIAL instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of GRANITESHARES FINANCIAL PLC performance during a given time horizon utilizing its historical volatility.
  
Please continue to GRANITESHARES FINANCIAL Backtesting, GRANITESHARES FINANCIAL Valuation, GRANITESHARES FINANCIAL Correlation, GRANITESHARES FINANCIAL Hype Analysis, GRANITESHARES FINANCIAL Volatility, GRANITESHARES FINANCIAL History as well as GRANITESHARES FINANCIAL Performance. Please specify GRANITESHARES FINANCIAL time horizon, a valid symbol (red box) and a target price (blue box) you would like GRANITESHARES FINANCIAL odds to be computed.

GRANITESHARES FINANCIAL Target Price Odds to finish over 1.66

The tendency of GRANITESHARES 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 1.66 90 days 1.66 
about 98.0
Based on a normal probability distribution, the odds of GRANITESHARES FINANCIAL to move above the current price in 90 days from now is about 98.0 (This GRANITESHARES FINANCIAL PLC probability density function shows the probability of GRANITESHARES Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon GRANITESHARES FINANCIAL PLC has a beta of -0.66. This suggests as returns on benchmark increase, returns on holding GRANITESHARES FINANCIAL are expected to decrease at a much lower rate. During the bear market, however, GRANITESHARES FINANCIAL PLC is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. GRANITESHARES FINANCIAL is significantly underperforming DOW.
   GRANITESHARES FINANCIAL Price Density   
       Price  

Predictive Modules for GRANITESHARES FINANCIAL

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GRANITESHARES FINANCIAL. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of GRANITESHARES FINANCIAL'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. Please use the tools below to analyze the current value of GRANITESHARES FINANCIAL in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.007.15
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.007.15
Details
Naive
Forecast
LowNext ValueHigh
0.0336691.688.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.462.232.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GRANITESHARES FINANCIAL. Your research has to be compared to or analyzed against GRANITESHARES FINANCIAL's peers to derive any actionable benefits. When done correctly, GRANITESHARES FINANCIAL's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in GRANITESHARES FINANCIAL.

GRANITESHARES FINANCIAL Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. GRANITESHARES FINANCIAL is not an exception. The market had few large corrections towards the GRANITESHARES FINANCIAL'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 GRANITESHARES FINANCIAL PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GRANITESHARES FINANCIAL within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.72
β
Beta against DOW-0.66
σ
Overall volatility
0.64
Ir
Information ratio -0.12

GRANITESHARES FINANCIAL 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 GRANITESHARES FINANCIAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GRANITESHARES FINANCIAL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
GRANITESHARES FINANCIAL generated a negative expected return over the last 90 days
GRANITESHARES FINANCIAL has high historical volatility and very poor performance
GRANITESHARES FINANCIAL may become a speculative penny stock

GRANITESHARES FINANCIAL 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 GRANITESHARES Stock often depends not only on the future outlook of the current and potential GRANITESHARES FINANCIAL'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. GRANITESHARES FINANCIAL's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day214
Average Daily Volume In Three Month296

GRANITESHARES FINANCIAL Technical Analysis

GRANITESHARES FINANCIAL's future price can be derived by breaking down and analyzing its technical indicators over time. GRANITESHARES Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GRANITESHARES FINANCIAL PLC. In general, you should focus on analyzing GRANITESHARES Stock price patterns and their correlations with different microeconomic environments and drivers.

GRANITESHARES FINANCIAL Predictive Forecast Models

GRANITESHARES FINANCIAL time-series forecasting models is one of many GRANITESHARES FINANCIAL's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary GRANITESHARES FINANCIAL'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 GRANITESHARES FINANCIAL

Checking the ongoing alerts about GRANITESHARES FINANCIAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GRANITESHARES FINANCIAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

GRANITESHARES FINANCIAL Alerts

GRANITESHARES FINANCIAL Alerts and Suggestions

GRANITESHARES FINANCIAL generated a negative expected return over the last 90 days
GRANITESHARES FINANCIAL has high historical volatility and very poor performance
GRANITESHARES FINANCIAL may become a speculative penny stock
Please continue to GRANITESHARES FINANCIAL Backtesting, GRANITESHARES FINANCIAL Valuation, GRANITESHARES FINANCIAL Correlation, GRANITESHARES FINANCIAL Hype Analysis, GRANITESHARES FINANCIAL Volatility, GRANITESHARES FINANCIAL History as well as GRANITESHARES FINANCIAL Performance. Note that the GRANITESHARES FINANCIAL information on this page should be used as a complementary analysis to other GRANITESHARES FINANCIAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for GRANITESHARES Stock analysis

When running GRANITESHARES FINANCIAL price analysis, check to measure GRANITESHARES FINANCIAL'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 GRANITESHARES FINANCIAL is operating at the current time. Most of GRANITESHARES FINANCIAL's value examination focuses on studying past and present price action to predict the probability of GRANITESHARES FINANCIAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GRANITESHARES FINANCIAL's price. Additionally, you may evaluate how the addition of GRANITESHARES FINANCIAL to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GRANITESHARES FINANCIAL's value and its price as these two are different measures arrived at by different means. Investors typically determine GRANITESHARES FINANCIAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GRANITESHARES FINANCIAL'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.