Greenway Technologies Stock Probability of Future OTC Stock Price Finishing Under 0.01

GWTI Stock  USD 0.027  0.003  10.00%   
Greenway Technologies' future price is the expected price of Greenway Technologies 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 Greenway Technologies performance during a given time horizon utilizing its historical volatility. Check out Greenway Technologies Backtesting, Greenway Technologies Valuation, Greenway Technologies Correlation, Greenway Technologies Hype Analysis, Greenway Technologies Volatility, Greenway Technologies History as well as Greenway Technologies Performance.
  
Please specify Greenway Technologies' target price for which you would like Greenway Technologies odds to be computed.

Greenway Technologies Target Price Odds to finish below 0.01

The tendency of Greenway OTC 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 drop to $ 0.01  or more in 90 days
 0.027 90 days 0.01 
about 20.28
Based on a normal probability distribution, the odds of Greenway Technologies to drop to $ 0.01  or more in 90 days from now is about 20.28 (This Greenway Technologies probability density function shows the probability of Greenway OTC Stock to fall within a particular range of prices over 90 days) . Probability of Greenway Technologies price to stay between $ 0.01  and its current price of $0.027 at the end of the 90-day period is about 61.01 .
Given the investment horizon of 90 days Greenway Technologies has a beta of -3.1. This usually indicates as returns on its benchmark rise, returns on holding Greenway Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Greenway Technologies is expected to outperform its benchmark. In addition to that The company has an alpha of 2.9371, implying that it can generate a 2.94 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Greenway Technologies Price Density   
       Price  

Predictive Modules for Greenway Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenway Technologies. 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 Greenway Technologies' 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 Greenway Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.000.0325.25
Details
Intrinsic
Valuation
LowRealHigh
0.000.02064325.24
Details
Naive
Forecast
LowNextHigh
0.0006040.0302225.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0289190.0298580.030798
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greenway Technologies. Your research has to be compared to or analyzed against Greenway Technologies' peers to derive any actionable benefits. When done correctly, Greenway Technologies' 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 Greenway Technologies.

Greenway Technologies Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenway Technologies is not an exception. The market had few large corrections towards the Greenway Technologies' 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 Greenway Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenway Technologies within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
2.94
β
Beta against NYSE Composite-3.1
σ
Overall volatility
0.00988
Ir
Information ratio 0.12

Greenway Technologies 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 Greenway Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenway Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Greenway Technologies is way too risky over 90 days horizon
Greenway Technologies has some characteristics of a very speculative penny stock
Greenway Technologies appears to be risky and price may revert if volatility continues
Greenway Technologies has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (1.74 M) with profit before overhead, payroll, taxes, and interest of 0.
Greenway Technologies currently holds about 35.19 K in cash with (791.91 K) of positive cash flow from operations.
Roughly 23.0% of the company shares are held by company insiders

Greenway Technologies 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 Greenway OTC Stock often depends not only on the future outlook of the current and potential Greenway Technologies' 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. Greenway Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding355.1 M

Greenway Technologies Technical Analysis

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

Greenway Technologies Predictive Forecast Models

Greenway Technologies' time-series forecasting models is one of many Greenway Technologies' otc 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 Greenway Technologies' 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 otc stock market movement and maximize returns from investment trading.

Things to note about Greenway Technologies

Checking the ongoing alerts about Greenway Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greenway Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Greenway Technologies is way too risky over 90 days horizon
Greenway Technologies has some characteristics of a very speculative penny stock
Greenway Technologies appears to be risky and price may revert if volatility continues
Greenway Technologies has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (1.74 M) with profit before overhead, payroll, taxes, and interest of 0.
Greenway Technologies currently holds about 35.19 K in cash with (791.91 K) of positive cash flow from operations.
Roughly 23.0% of the company shares are held by company insiders

Complementary Tools for Greenway OTC Stock analysis

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