Gdev Inc Stock Chance of Future Stock Price Finishing Under 28.01
| GDEV Stock | USD 22.20 0.80 3.48% |
GDEV |
GDEV Target Price Odds to finish below 28.01
The tendency of GDEV 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 stay under $ 28.01 after 90 days |
| 22.20 | 90 days | 28.01 | about 45.19 |
Based on a normal probability distribution, the odds of GDEV to stay under $ 28.01 after 90 days from now is about 45.19 (This GDEV Inc probability density function shows the probability of GDEV Stock to fall within a particular range of prices over 90 days) . Probability of GDEV Inc price to stay between its current price of $ 22.20 and $ 28.01 at the end of the 90-day period is about 36.01 .
Given the investment horizon of 90 days GDEV Inc has a beta of -1.16. This usually indicates as returns on its benchmark rise, returns on holding GDEV Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, GDEV is expected to outperform its benchmark. Additionally GDEV Inc has an alpha of 0.0517, implying that it can generate a 0.0517 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GDEV Price Density |
| Price |
Predictive Modules for GDEV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GDEV Inc. 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 GDEV'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.
GDEV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GDEV is not an exception. The market had few large corrections towards the GDEV'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 GDEV Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GDEV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -1.16 | |
σ | Overall volatility | 4.82 | |
Ir | Information ratio | -0.03 |
GDEV 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 GDEV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GDEV Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GDEV Inc generated a negative expected return over the last 90 days | |
| GDEV Inc has high historical volatility and very poor performance | |
| GDEV Inc has high likelihood to experience some financial distress in the next 2 years | |
| GDEV Inc currently holds 2.44 M in liabilities. GDEV Inc has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about GDEV's use of debt, we should always consider it together with its cash and equity. | |
| About 88.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: GDEV Inc Shares Gap Down to 22.2781 on Dec 5 |
GDEV 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 GDEV Stock often depends not only on the future outlook of the current and potential GDEV'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. GDEV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20 M | |
| Cash And Short Term Investments | 156 M |
GDEV Technical Analysis
GDEV's future price can be derived by breaking down and analyzing its technical indicators over time. GDEV Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GDEV Inc. In general, you should focus on analyzing GDEV Stock price patterns and their correlations with different microeconomic environments and drivers.
GDEV Predictive Forecast Models
GDEV's time-series forecasting models is one of many GDEV'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 GDEV'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 GDEV Inc
Checking the ongoing alerts about GDEV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GDEV Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GDEV Inc generated a negative expected return over the last 90 days | |
| GDEV Inc has high historical volatility and very poor performance | |
| GDEV Inc has high likelihood to experience some financial distress in the next 2 years | |
| GDEV Inc currently holds 2.44 M in liabilities. GDEV Inc has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about GDEV's use of debt, we should always consider it together with its cash and equity. | |
| About 88.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: GDEV Inc Shares Gap Down to 22.2781 on Dec 5 |
Additional Tools for GDEV Stock Analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.