Global Electrical (Vietnam) Probability of Future Stock Price Finishing Under 25,571
| GLT Stock | 24,300 1,200 4.71% |
Global |
Global Electrical Target Price Odds to finish below 25,571
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 move below current price in 90 days |
| 24,300 | 90 days | 24,300 | about 1.46 |
Based on a normal probability distribution, the odds of Global Electrical to move below current price in 90 days from now is about 1.46 (This Global Electrical Technology probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Global Electrical Technology has a beta of -0.66. This usually indicates as returns on the benchmark increase, returns on holding Global Electrical are expected to decrease at a much lower rate. During a bear market, however, Global Electrical Technology is likely to outperform the market. Additionally Global Electrical Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Global Electrical Price Density |
| Price |
Predictive Modules for Global Electrical
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 Electrical. 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 Electrical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Electrical is not an exception. The market had few large corrections towards the Global Electrical'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 Global Electrical Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Electrical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | -0.66 | |
σ | Overall volatility | 2,279 | |
Ir | Information ratio | -0.12 |
Global Electrical 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 Electrical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Electrical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Electrical generated a negative expected return over the last 90 days | |
| Global Electrical has high historical volatility and very poor performance |
Global Electrical Technical Analysis
Global Electrical's 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 Electrical Technology. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Electrical Predictive Forecast Models
Global Electrical's time-series forecasting models is one of many Global Electrical'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 Global Electrical'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 Global Electrical
Checking the ongoing alerts about Global Electrical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Electrical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Electrical generated a negative expected return over the last 90 days | |
| Global Electrical has high historical volatility and very poor performance |