Gruma SAB (Mexico) Probability of Future Stock Price Finishing Under 335.65
| GRUMAB Stock | MXN 343.97 3.80 1.12% |
Gruma |
Gruma SAB Target Price Odds to finish below 335.65
The tendency of Gruma 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 335.65 or more in 90 days |
| 343.97 | 90 days | 335.65 | about 1.98 |
Based on a normal probability distribution, the odds of Gruma SAB to drop to 335.65 or more in 90 days from now is about 1.98 (This Gruma SAB de probability density function shows the probability of Gruma Stock to fall within a particular range of prices over 90 days) . Probability of Gruma SAB de price to stay between 335.65 and its current price of 343.97 at the end of the 90-day period is about 8.68 .
Assuming the 90 days trading horizon Gruma SAB has a beta of 0.009. This usually indicates as returns on the market go up, Gruma SAB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gruma SAB de will be expected to be much smaller as well. Additionally Gruma SAB de 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. Gruma SAB Price Density |
| Price |
Predictive Modules for Gruma SAB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gruma SAB de. 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.Gruma SAB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gruma SAB is not an exception. The market had few large corrections towards the Gruma SAB'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 Gruma SAB de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gruma SAB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 10.32 | |
Ir | Information ratio | -0.13 |
Gruma SAB 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 Gruma SAB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gruma SAB de can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gruma SAB de generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are held by company insiders |
Gruma SAB 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 Gruma Stock often depends not only on the future outlook of the current and potential Gruma SAB'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. Gruma SAB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 374.4 M |
Gruma SAB Technical Analysis
Gruma SAB's future price can be derived by breaking down and analyzing its technical indicators over time. Gruma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gruma SAB de. In general, you should focus on analyzing Gruma Stock price patterns and their correlations with different microeconomic environments and drivers.
Gruma SAB Predictive Forecast Models
Gruma SAB's time-series forecasting models is one of many Gruma SAB'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 Gruma SAB'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 Gruma SAB de
Checking the ongoing alerts about Gruma SAB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gruma SAB de help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gruma SAB de generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are held by company insiders |
Other Information on Investing in Gruma Stock
Gruma SAB financial ratios help investors to determine whether Gruma 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 Gruma with respect to the benefits of owning Gruma SAB security.