Great Atlantic Resources Stock Probability of Future Stock Price Finishing Over 0.07
| GR Stock | CAD 0.06 0.01 20.00% |
Great |
Great Atlantic Target Price Odds to finish over 0.07
The tendency of Great 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 C$ 0.07 or more in 90 days |
| 0.06 | 90 days | 0.07 | near 1 |
Based on a normal probability distribution, the odds of Great Atlantic to move over C$ 0.07 or more in 90 days from now is near 1 (This Great Atlantic Resources probability density function shows the probability of Great Stock to fall within a particular range of prices over 90 days) . Probability of Great Atlantic Resources price to stay between its current price of C$ 0.06 and C$ 0.07 at the end of the 90-day period is about 6.45 .
Given the investment horizon of 90 days Great Atlantic Resources has a beta of -2.65. This usually indicates as returns on its benchmark rise, returns on holding Great Atlantic Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Great Atlantic is expected to outperform its benchmark. Moreover Great Atlantic Resources has an alpha of 1.071, implying that it can generate a 1.07 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Great Atlantic Price Density |
| Price |
Predictive Modules for Great Atlantic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Atlantic Resources. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great Atlantic'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.
Great Atlantic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Great Atlantic is not an exception. The market had few large corrections towards the Great Atlantic'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 Great Atlantic Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Great Atlantic within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.07 | |
β | Beta against NYSE Composite | -2.65 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Great Atlantic 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 Great Atlantic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Great Atlantic Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Great Atlantic is way too risky over 90 days horizon | |
| Great Atlantic has some characteristics of a very speculative penny stock | |
| Great Atlantic appears to be risky and price may revert if volatility continues | |
| Great Atlantic has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 407.51 K in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Great Atlantic Resources has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Great Atlantic until it has trouble settling it off, either with new capital or with free cash flow. So, Great Atlantic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Great Atlantic Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great to invest in growth at high rates of return. When we think about Great Atlantic's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.27 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Great Atlantic Resources currently holds about 127.53 K in cash with (2.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Great Atlantic 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 Great Stock often depends not only on the future outlook of the current and potential Great Atlantic'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. Great Atlantic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.5 M | |
| Cash And Short Term Investments | 23.9 K |
Great Atlantic Technical Analysis
Great Atlantic's future price can be derived by breaking down and analyzing its technical indicators over time. Great Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Great Atlantic Resources. In general, you should focus on analyzing Great Stock price patterns and their correlations with different microeconomic environments and drivers.
Great Atlantic Predictive Forecast Models
Great Atlantic's time-series forecasting models is one of many Great Atlantic'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 Great Atlantic'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 Great Atlantic Resources
Checking the ongoing alerts about Great Atlantic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Great Atlantic Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Great Atlantic is way too risky over 90 days horizon | |
| Great Atlantic has some characteristics of a very speculative penny stock | |
| Great Atlantic appears to be risky and price may revert if volatility continues | |
| Great Atlantic has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 407.51 K in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Great Atlantic Resources has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Great Atlantic until it has trouble settling it off, either with new capital or with free cash flow. So, Great Atlantic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Great Atlantic Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great to invest in growth at high rates of return. When we think about Great Atlantic's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.27 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Great Atlantic Resources currently holds about 127.53 K in cash with (2.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Check out Great Atlantic Backtesting, Great Atlantic Valuation, Great Atlantic Correlation, Great Atlantic Hype Analysis, Great Atlantic Volatility, Great Atlantic History as well as Great Atlantic Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Great Stock analysis
When running Great Atlantic's price analysis, check to measure Great Atlantic'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 Great Atlantic is operating at the current time. Most of Great Atlantic's value examination focuses on studying past and present price action to predict the probability of Great Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Atlantic's price. Additionally, you may evaluate how the addition of Great Atlantic to your portfolios can decrease your overall portfolio volatility.
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