Galileo Tech (Israel) Probability of Future Stock Price Finishing Under 14.5
| GLTC Stock | 12.80 2.10 14.09% |
Galileo |
Galileo Tech Target Price Odds to finish below 14.5
The tendency of Galileo 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 14.50 after 90 days |
| 12.80 | 90 days | 14.50 | about 10.93 |
Based on a normal probability distribution, the odds of Galileo Tech to stay under 14.50 after 90 days from now is about 10.93 (This Galileo Tech probability density function shows the probability of Galileo Stock to fall within a particular range of prices over 90 days) . Probability of Galileo Tech price to stay between its current price of 12.80 and 14.50 at the end of the 90-day period is about 8.46 .
Assuming the 90 days trading horizon Galileo Tech has a beta of 0.39. This usually indicates as returns on the market go up, Galileo Tech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Galileo Tech will be expected to be much smaller as well. Additionally Galileo Tech 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. Galileo Tech Price Density |
| Price |
Predictive Modules for Galileo Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galileo Tech. 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.Galileo Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galileo Tech is not an exception. The market had few large corrections towards the Galileo Tech'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 Galileo Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galileo Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.72 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 2.33 | |
Ir | Information ratio | -0.12 |
Galileo Tech 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 Galileo Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galileo Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Galileo Tech generated a negative expected return over the last 90 days | |
| Galileo Tech has high historical volatility and very poor performance | |
| Galileo Tech has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Galileo Tech until it has trouble settling it off, either with new capital or with free cash flow. So, Galileo Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Galileo Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galileo to invest in growth at high rates of return. When we think about Galileo Tech's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.21 M) with profit before overhead, payroll, taxes, and interest of 150 K. | |
| Galileo Tech has accumulated about 9 K in cash with (3.19 M) of positive cash flow from operations. | |
| Roughly 78.0% of the company shares are held by company insiders |
Galileo Tech 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 Galileo Stock often depends not only on the future outlook of the current and potential Galileo Tech'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. Galileo Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.8 M |
Galileo Tech Technical Analysis
Galileo Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Galileo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galileo Tech. In general, you should focus on analyzing Galileo Stock price patterns and their correlations with different microeconomic environments and drivers.
Galileo Tech Predictive Forecast Models
Galileo Tech's time-series forecasting models is one of many Galileo Tech'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 Galileo Tech'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 Galileo Tech
Checking the ongoing alerts about Galileo Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galileo Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Galileo Tech generated a negative expected return over the last 90 days | |
| Galileo Tech has high historical volatility and very poor performance | |
| Galileo Tech has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Galileo Tech until it has trouble settling it off, either with new capital or with free cash flow. So, Galileo Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Galileo Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galileo to invest in growth at high rates of return. When we think about Galileo Tech's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.21 M) with profit before overhead, payroll, taxes, and interest of 150 K. | |
| Galileo Tech has accumulated about 9 K in cash with (3.19 M) of positive cash flow from operations. | |
| Roughly 78.0% of the company shares are held by company insiders |
Other Information on Investing in Galileo Stock
Galileo Tech financial ratios help investors to determine whether Galileo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Galileo with respect to the benefits of owning Galileo Tech security.