Group Eleven Resources Stock Probability of Future Pink Sheet Price Finishing Under 0.13
| GRLVF Stock | USD 0.13 0.00 0.00% |
Group |
Group Eleven Target Price Odds to finish below 0.13
The tendency of Group Pink Sheet 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 |
| 0.13 | 90 days | 0.13 | about 18.05 |
Based on a normal probability distribution, the odds of Group Eleven to move below current price in 90 days from now is about 18.05 (This Group Eleven Resources probability density function shows the probability of Group Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Group Eleven has a beta of 0.0838. This usually indicates as returns on the market go up, Group Eleven average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Group Eleven Resources will be expected to be much smaller as well. Additionally Group Eleven Resources 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. Group Eleven Price Density |
| Price |
Predictive Modules for Group Eleven
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Group Eleven Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Group Eleven'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.
Group Eleven Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Group Eleven is not an exception. The market had few large corrections towards the Group Eleven'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 Group Eleven Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Group Eleven within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
Group Eleven 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 Group Eleven for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Group Eleven Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Group Eleven generated a negative expected return over the last 90 days | |
| Group Eleven has high historical volatility and very poor performance | |
| Group Eleven has some characteristics of a very speculative penny stock | |
| Group Eleven has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Group Eleven Resources has accumulated about 2.63 M in cash with (2.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 42.0% of the company shares are held by company insiders |
Group Eleven 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 Group Pink Sheet often depends not only on the future outlook of the current and potential Group Eleven'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. Group Eleven's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 137.5 M |
Group Eleven Technical Analysis
Group Eleven's future price can be derived by breaking down and analyzing its technical indicators over time. Group Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Group Eleven Resources. In general, you should focus on analyzing Group Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Group Eleven Predictive Forecast Models
Group Eleven's time-series forecasting models is one of many Group Eleven's pink sheet 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 Group Eleven'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Group Eleven Resources
Checking the ongoing alerts about Group Eleven for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Group Eleven Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Group Eleven generated a negative expected return over the last 90 days | |
| Group Eleven has high historical volatility and very poor performance | |
| Group Eleven has some characteristics of a very speculative penny stock | |
| Group Eleven has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Group Eleven Resources has accumulated about 2.63 M in cash with (2.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 42.0% of the company shares are held by company insiders |
Other Information on Investing in Group Pink Sheet
Group Eleven financial ratios help investors to determine whether Group Pink Sheet 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 Group with respect to the benefits of owning Group Eleven security.