GREENX METALS (Germany) Probability of Future Stock Price Finishing Over 0.62

5PMA Stock   0.62  0.03  5.08%   
GREENX METALS's future price is the expected price of GREENX METALS 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 GREENX METALS LTD performance during a given time horizon utilizing its historical volatility. Check out GREENX METALS Backtesting, GREENX METALS Valuation, GREENX METALS Correlation, GREENX METALS Hype Analysis, GREENX METALS Volatility, GREENX METALS History as well as GREENX METALS Performance.
  
Please specify GREENX METALS's target price for which you would like GREENX METALS odds to be computed.

GREENX METALS Target Price Odds to finish over 0.62

The tendency of GREENX 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
 0.62 90 days 0.62 
about 11.19
Based on a normal probability distribution, the odds of GREENX METALS to move above the current price in 90 days from now is about 11.19 (This GREENX METALS LTD probability density function shows the probability of GREENX Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon GREENX METALS LTD has a beta of -0.16. This suggests as returns on benchmark increase, returns on holding GREENX METALS are expected to decrease at a much lower rate. During the bear market, however, GREENX METALS LTD is likely to outperform the market. Additionally The company has an alpha of 0.1762, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   GREENX METALS Price Density   
       Price  

Predictive Modules for GREENX METALS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GREENX METALS LTD. 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 GREENX METALS'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 GREENX METALS in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.030.595.92
Details
Intrinsic
Valuation
LowRealHigh
0.020.495.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GREENX METALS. Your research has to be compared to or analyzed against GREENX METALS's peers to derive any actionable benefits. When done correctly, GREENX METALS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in GREENX METALS LTD.

GREENX METALS Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. GREENX METALS is not an exception. The market had few large corrections towards the GREENX METALS'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 GREENX METALS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GREENX METALS within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.18
β
Beta against NYSE Composite-0.16
σ
Overall volatility
0.04
Ir
Information ratio 0

GREENX METALS 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 GREENX METALS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GREENX METALS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
GREENX METALS LTD had very high historical volatility over the last 90 days
GREENX METALS LTD has some characteristics of a very speculative penny stock

GREENX METALS Technical Analysis

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

GREENX METALS Predictive Forecast Models

GREENX METALS's time-series forecasting models is one of many GREENX METALS'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 GREENX METALS'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 GREENX METALS LTD

Checking the ongoing alerts about GREENX METALS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GREENX METALS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
GREENX METALS LTD had very high historical volatility over the last 90 days
GREENX METALS LTD has some characteristics of a very speculative penny stock
Check out GREENX METALS Backtesting, GREENX METALS Valuation, GREENX METALS Correlation, GREENX METALS Hype Analysis, GREENX METALS Volatility, GREENX METALS History as well as GREENX METALS Performance.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for GREENX Stock analysis

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