Gtn (Australia) Chance of Future Stock Price Finishing Under 0.59
| GTN Stock | 0.57 0.01 1.72% |
Gtn |
Gtn Target Price Odds to finish below 0.59
The tendency of Gtn 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 0.59 after 90 days |
| 0.57 | 90 days | 0.59 | about 99.0 |
Based on a normal probability distribution, the odds of Gtn to stay under 0.59 after 90 days from now is about 99.0 (This Gtn probability density function shows the probability of Gtn Stock to fall within a particular range of prices over 90 days) . Probability of Gtn price to stay between its current price of 0.57 and 0.59 at the end of the 90-day period is roughly 2.47 .
Assuming the 90 days trading horizon Gtn has a beta of -0.1. This usually indicates as returns on the benchmark increase, returns on holding Gtn are expected to decrease at a much lower rate. During a bear market, however, Gtn is likely to outperform the market. Additionally Gtn has an alpha of 0.337, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gtn Price Density |
| Price |
Predictive Modules for Gtn
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gtn. 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.Gtn Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gtn is not an exception. The market had few large corrections towards the Gtn'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 Gtn, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gtn within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.09 |
Gtn 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 Gtn for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gtn can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gtn has some characteristics of a very speculative penny stock | |
| Gtn had very high historical volatility over the last 90 days | |
| Over 93.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 12 Communication Services Stocks Moving In Wednesdays Pre-Market Session - Benzinga |
Gtn 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 Gtn Stock often depends not only on the future outlook of the current and potential Gtn'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. Gtn's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 202.4 M | |
| Cash And Short Term Investments | 31.6 M |
Gtn Technical Analysis
Gtn's future price can be derived by breaking down and analyzing its technical indicators over time. Gtn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gtn. In general, you should focus on analyzing Gtn Stock price patterns and their correlations with different microeconomic environments and drivers.
Gtn Predictive Forecast Models
Gtn's time-series forecasting models is one of many Gtn'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 Gtn'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 Gtn
Checking the ongoing alerts about Gtn for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gtn help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gtn has some characteristics of a very speculative penny stock | |
| Gtn had very high historical volatility over the last 90 days | |
| Over 93.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 12 Communication Services Stocks Moving In Wednesdays Pre-Market Session - Benzinga |
Additional Tools for Gtn Stock Analysis
When running Gtn's price analysis, check to measure Gtn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gtn is operating at the current time. Most of Gtn's value examination focuses on studying past and present price action to predict the probability of Gtn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gtn's price. Additionally, you may evaluate how the addition of Gtn to your portfolios can decrease your overall portfolio volatility.