Global Partners Lp Stock Probability of Future Stock Price Finishing Under 22.96
| GLPPRB Stock | 26.14 0.01 0.04% |
Global |
Global Partners Target Price Odds to finish below 22.96
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 drop to 22.96 or more in 90 days |
| 26.14 | 90 days | 22.96 | near 1 |
Based on a normal probability distribution, the odds of Global Partners to drop to 22.96 or more in 90 days from now is near 1 (This Global Partners LP probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Partners LP price to stay between 22.96 and its current price of 26.14 at the end of the 90-day period is about 83.19 .
Assuming the 90 days trading horizon Global Partners LP has a beta of -0.0247. This usually indicates as returns on the benchmark increase, returns on holding Global Partners are expected to decrease at a much lower rate. During a bear market, however, Global Partners LP is likely to outperform the market. Additionally Global Partners LP has an alpha of 0.0343, implying that it can generate a 0.0343 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Global Partners Price Density |
| Price |
Predictive Modules for Global Partners
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 Partners LP. 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.Global Partners Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Partners is not an exception. The market had few large corrections towards the Global Partners' 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 Partners LP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Partners within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.04 |
Global Partners 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 Partners for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Partners LP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| On 15th of November 2024 Global Partners paid 0.5938 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Global Partners stock hits all-time high at 56.85 By Investing.com - Investing.com Nigeria |
Global Partners Technical Analysis
Global Partners' 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 Partners LP. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Partners Predictive Forecast Models
Global Partners' time-series forecasting models is one of many Global Partners' 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 Partners' 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 Partners LP
Checking the ongoing alerts about Global Partners for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Partners LP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 15th of November 2024 Global Partners paid 0.5938 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Global Partners stock hits all-time high at 56.85 By Investing.com - Investing.com Nigeria |
Check out Global Partners Backtesting, Global Partners Valuation, Global Partners Correlation, Global Partners Hype Analysis, Global Partners Volatility, Global Partners History as well as Global Partners Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Stock space 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 Partners. 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 Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Global Partners LP 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 Partners' value that differs from its market value or its book value, called intrinsic value, which is Global Partners' 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 Partners' market value can be influenced by many factors that don't directly affect Global Partners' 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 Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Partners' 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.