GOME Retail (Germany) Probability of Future Stock Price Finishing Over 30.62
| CKS2 Stock | 0 0.00 0.00% |
GOME |
GOME Retail Target Price Odds to finish over 30.62
The tendency of GOME 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 30.62 or more in 90 days |
| 0 | 90 days | 30.62 | close to zero percent |
Based on a normal probability distribution, the odds of GOME Retail to move over 30.62 or more in 90 days from now is close to zero percent (This GOME Retail Holdings probability density function shows the probability of GOME Stock to fall within a particular range of prices over 90 days) . Probability of GOME Retail Holdings price to stay between its current price of 0 and 30.62 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon GOME Retail Holdings has a beta of -2.11 suggesting as returns on its benchmark rise, returns on holding GOME Retail Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, GOME Retail is expected to outperform its benchmark. Additionally GOME Retail Holdings has an alpha of 0.6946, implying that it can generate a 0.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GOME Retail Price Density |
| Price |
Predictive Modules for GOME Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GOME Retail Holdings. 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.GOME Retail Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GOME Retail is not an exception. The market had few large corrections towards the GOME Retail'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 GOME Retail Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GOME Retail within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.69 | |
β | Beta against Dow Jones | -2.11 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | 0.05 |
GOME Retail 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 GOME Retail for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GOME Retail Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GOME Retail Holdings generated a negative expected return over the last 90 days | |
| GOME Retail Holdings has high historical volatility and very poor performance | |
| GOME Retail Holdings has some characteristics of a very speculative penny stock | |
| GOME Retail Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 46.48 B. Net Loss for the year was (4.4 B) with profit before overhead, payroll, taxes, and interest of 5.51 B. | |
| About 41.0% of the company shares are held by company insiders |
GOME Retail 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 GOME Stock often depends not only on the future outlook of the current and potential GOME Retail'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. GOME Retail's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.8 B |
GOME Retail Technical Analysis
GOME Retail's future price can be derived by breaking down and analyzing its technical indicators over time. GOME Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GOME Retail Holdings. In general, you should focus on analyzing GOME Stock price patterns and their correlations with different microeconomic environments and drivers.
GOME Retail Predictive Forecast Models
GOME Retail's time-series forecasting models is one of many GOME Retail'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 GOME Retail'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 GOME Retail Holdings
Checking the ongoing alerts about GOME Retail for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GOME Retail Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GOME Retail Holdings generated a negative expected return over the last 90 days | |
| GOME Retail Holdings has high historical volatility and very poor performance | |
| GOME Retail Holdings has some characteristics of a very speculative penny stock | |
| GOME Retail Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 46.48 B. Net Loss for the year was (4.4 B) with profit before overhead, payroll, taxes, and interest of 5.51 B. | |
| About 41.0% of the company shares are held by company insiders |
Additional Tools for GOME Stock Analysis
When running GOME Retail's price analysis, check to measure GOME Retail'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 GOME Retail is operating at the current time. Most of GOME Retail's value examination focuses on studying past and present price action to predict the probability of GOME Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GOME Retail's price. Additionally, you may evaluate how the addition of GOME Retail to your portfolios can decrease your overall portfolio volatility.