70GD (UK) Chance of Future Stock Price Finishing Under 0.7
| 70GD Stock | 0.71 0.00 0.00% |
70GD |
70GD Target Price Odds to finish below 0.7
The tendency of 70GD 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 drop to 0.70 or more in 90 days |
| 0.71 | 90 days | 0.70 | about 80.75 |
Based on a normal probability distribution, the odds of 70GD to drop to 0.70 or more in 90 days from now is about 80.75 (This 70GD probability density function shows the probability of 70GD Stock to fall within a particular range of prices over 90 days) . Probability of 70GD price to stay between 0.70 and its current price of 0.71 at the end of the 90-day period is about 14.97 .
Assuming the 90 days trading horizon 70GD has a beta of -0.0332. This suggests as returns on the benchmark increase, returns on holding 70GD are expected to decrease at a much lower rate. During a bear market, however, 70GD is likely to outperform the market. Additionally 70GD has an alpha of 0.0576, implying that it can generate a 0.0576 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 70GD Price Density |
| Price |
Predictive Modules for 70GD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 70GD. 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.70GD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 70GD is not an exception. The market had few large corrections towards the 70GD'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 70GD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 70GD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.06 |
70GD 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 70GD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 70GD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 70GD has some characteristics of a very speculative penny stock | |
| Latest headline from news.google.com: Mantle Ridge Issues Investor Presentation with Shareholders of Air Products - Marketscreener.com |
70GD Technical Analysis
70GD's future price can be derived by breaking down and analyzing its technical indicators over time. 70GD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 70GD. In general, you should focus on analyzing 70GD Stock price patterns and their correlations with different microeconomic environments and drivers.
70GD Predictive Forecast Models
70GD's time-series forecasting models is one of many 70GD'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 70GD'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 70GD
Checking the ongoing alerts about 70GD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 70GD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 70GD has some characteristics of a very speculative penny stock | |
| Latest headline from news.google.com: Mantle Ridge Issues Investor Presentation with Shareholders of Air Products - Marketscreener.com |
Additional Tools for 70GD Stock Analysis
When running 70GD's price analysis, check to measure 70GD'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 70GD is operating at the current time. Most of 70GD's value examination focuses on studying past and present price action to predict the probability of 70GD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 70GD's price. Additionally, you may evaluate how the addition of 70GD to your portfolios can decrease your overall portfolio volatility.