Global Water Resources Stock Probability of Future Stock Price Finishing Over 18.57
| GWRS Stock | USD 12.47 0.15 1.22% |
Closest to current price Global long CALL Option Payoff at Expiration
Global |
Global Water Target Price Odds to finish over 18.57
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 $ 18.57 or more in 90 days |
| 12.47 | 90 days | 18.57 | close to zero percent |
Based on a normal probability distribution, the odds of Global Water to move over $ 18.57 or more in 90 days from now is close to zero percent (This Global Water Resources probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Water Resources price to stay between its current price of $ 12.47 and $ 18.57 at the end of the 90-day period is about 62.27 .
Given the investment horizon of 90 days Global Water has a beta of 0.48. This usually indicates as returns on the market go up, Global Water average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Water Resources will be expected to be much smaller as well. Additionally Global Water Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Global Water Price Density |
| Price |
Predictive Modules for Global Water
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 Water 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 Global Water'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.
Global Water Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Water is not an exception. The market had few large corrections towards the Global Water'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 Water Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Water within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0059 | |
β | Beta against NYSE Composite | 0.48 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.01 |
Global Water 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 Water for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Water 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.| The company currently holds 108.91 M in liabilities with Debt to Equity (D/E) ratio of 3.76, implying the company greatly relies on financing operations through barrowing. Global Water Resources has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global Water until it has trouble settling it off, either with new capital or with free cash flow. So, Global Water'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 Global Water Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Water's use of debt, we should always consider it together with cash and equity. | |
| Global Water has a strong financial position based on the latest SEC filings | |
| About 52.0% of Global Water shares are held by company insiders | |
| On 30th of April 2024 Global Water paid $ 0.0251 per share dividend to its current shareholders | |
| Latest headline from investing.com: Global Water Resources COO acquires shares worth 9.9k |
Global Water 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 Water'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 Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.1 M | |
| Cash And Short Term Investments | 3.1 M |
Global Water Technical Analysis
Global Water'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 Water Resources. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Water Predictive Forecast Models
Global Water's time-series forecasting models is one of many Global Water'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 Water'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 Water Resources
Checking the ongoing alerts about Global Water for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Water Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company currently holds 108.91 M in liabilities with Debt to Equity (D/E) ratio of 3.76, implying the company greatly relies on financing operations through barrowing. Global Water Resources has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global Water until it has trouble settling it off, either with new capital or with free cash flow. So, Global Water'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 Global Water Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Water's use of debt, we should always consider it together with cash and equity. | |
| Global Water has a strong financial position based on the latest SEC filings | |
| About 52.0% of Global Water shares are held by company insiders | |
| On 30th of April 2024 Global Water paid $ 0.0251 per share dividend to its current shareholders | |
| Latest headline from investing.com: Global Water Resources COO acquires shares worth 9.9k |
Check out Global Water Backtesting, Global Water Valuation, Global Water Correlation, Global Water Hype Analysis, Global Water Volatility, Global Water History as well as Global Water Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Global Water's price analysis, check to measure Global Water'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 Global Water is operating at the current time. Most of Global Water's value examination focuses on studying past and present price action to predict the probability of Global Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Water's price. Additionally, you may evaluate how the addition of Global Water to your portfolios can decrease your overall portfolio volatility.
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Is Global Water's industry 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 Water. 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 Water 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 (0.71) | Dividend Share 0.306 | Earnings Share 0.26 | Revenue Per Share 2.135 | Quarterly Revenue Growth (0.12) |
The market value of Global Water Resources 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 Water's value that differs from its market value or its book value, called intrinsic value, which is Global Water'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 Water's market value can be influenced by many factors that don't directly affect Global Water'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 Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Water'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.