Galaxy Payroll Group Stock Probability of Future Stock Price Finishing Under 4.59
| GLXG Stock | 1.05 0.10 8.70% |
Galaxy |
Galaxy Payroll Target Price Odds to finish below 4.59
The tendency of Galaxy 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 4.59 after 90 days |
| 1.05 | 90 days | 4.59 | about 28.49 |
Based on a normal probability distribution, the odds of Galaxy Payroll to stay under 4.59 after 90 days from now is about 28.49 (This Galaxy Payroll Group probability density function shows the probability of Galaxy Stock to fall within a particular range of prices over 90 days) . Probability of Galaxy Payroll Group price to stay between its current price of 1.05 and 4.59 at the end of the 90-day period is about 19.55 .
Given the investment horizon of 90 days Galaxy Payroll Group has a beta of -2.22. This usually indicates as returns on its benchmark rise, returns on holding Galaxy Payroll Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Galaxy Payroll is expected to outperform its benchmark. Additionally Galaxy Payroll Group 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. Galaxy Payroll Price Density |
| Price |
Predictive Modules for Galaxy Payroll
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galaxy Payroll Group. 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 Galaxy Payroll'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.
Galaxy Payroll Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galaxy Payroll is not an exception. The market had few large corrections towards the Galaxy Payroll'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 Galaxy Payroll Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galaxy Payroll within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | -2.22 | |
σ | Overall volatility | 4.57 | |
Ir | Information ratio | -0.06 |
Galaxy Payroll 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 Galaxy Payroll for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galaxy Payroll Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Galaxy Payroll Group generated a negative expected return over the last 90 days | |
| Galaxy Payroll Group has high historical volatility and very poor performance | |
| Galaxy Payroll Group has some characteristics of a very speculative penny stock | |
| Galaxy Payroll Group has high likelihood to experience some financial distress in the next 2 years | |
| Galaxy Payroll Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: United States shares higher at close of trade Dow Jones Industrial Average up 3.56 percent - MSN |
Galaxy Payroll 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 Galaxy Stock often depends not only on the future outlook of the current and potential Galaxy Payroll'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. Galaxy Payroll's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18 M |
Galaxy Payroll Technical Analysis
Galaxy Payroll's future price can be derived by breaking down and analyzing its technical indicators over time. Galaxy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galaxy Payroll Group. In general, you should focus on analyzing Galaxy Stock price patterns and their correlations with different microeconomic environments and drivers.
Galaxy Payroll Predictive Forecast Models
Galaxy Payroll's time-series forecasting models is one of many Galaxy Payroll'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 Galaxy Payroll'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 Galaxy Payroll Group
Checking the ongoing alerts about Galaxy Payroll for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galaxy Payroll Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Galaxy Payroll Group generated a negative expected return over the last 90 days | |
| Galaxy Payroll Group has high historical volatility and very poor performance | |
| Galaxy Payroll Group has some characteristics of a very speculative penny stock | |
| Galaxy Payroll Group has high likelihood to experience some financial distress in the next 2 years | |
| Galaxy Payroll Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: United States shares higher at close of trade Dow Jones Industrial Average up 3.56 percent - MSN |
Check out Galaxy Payroll Backtesting, Galaxy Payroll Valuation, Galaxy Payroll Correlation, Galaxy Payroll Hype Analysis, Galaxy Payroll Volatility, Galaxy Payroll History as well as Galaxy Payroll Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Business Services 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 Galaxy Payroll. If investors know Galaxy 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 Galaxy Payroll 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 Galaxy Payroll Group is measured differently than its book value, which is the value of Galaxy that is recorded on the company's balance sheet. Investors also form their own opinion of Galaxy Payroll's value that differs from its market value or its book value, called intrinsic value, which is Galaxy Payroll's 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 Galaxy Payroll's market value can be influenced by many factors that don't directly affect Galaxy Payroll's 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 Galaxy Payroll's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galaxy Payroll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galaxy Payroll's 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.