Glaston Oyj (Finland) Probability of Future Stock Price Finishing Over 0.9
| GLA1V Stock | EUR 0.90 0.02 2.27% |
Glaston |
Glaston Oyj Target Price Odds to finish over 0.9
The tendency of Glaston 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 move above the current price in 90 days |
| 0.90 | 90 days | 0.90 | about 5.13 |
Based on a normal probability distribution, the odds of Glaston Oyj to move above the current price in 90 days from now is about 5.13 (This Glaston Oyj Abp probability density function shows the probability of Glaston Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.2 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Glaston Oyj will likely underperform. Additionally Glaston Oyj Abp has an alpha of 0.3358, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Glaston Oyj Price Density |
| Price |
Predictive Modules for Glaston Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Glaston Oyj Abp. 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 Glaston Oyj'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.
Glaston Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Glaston Oyj is not an exception. The market had few large corrections towards the Glaston Oyj'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 Glaston Oyj Abp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Glaston Oyj within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.34 | |
β | Beta against NYSE Composite | 1.20 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.16 |
Glaston Oyj 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 Glaston Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Glaston Oyj Abp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Glaston Oyj Abp has some characteristics of a very speculative penny stock | |
| About 24.0% of the company shares are held by company insiders |
Glaston Oyj 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 Glaston Stock often depends not only on the future outlook of the current and potential Glaston Oyj'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. Glaston Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 84.3 M |
Glaston Oyj Technical Analysis
Glaston Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Glaston Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Glaston Oyj Abp. In general, you should focus on analyzing Glaston Stock price patterns and their correlations with different microeconomic environments and drivers.
Glaston Oyj Predictive Forecast Models
Glaston Oyj's time-series forecasting models is one of many Glaston Oyj'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 Glaston Oyj'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 Glaston Oyj Abp
Checking the ongoing alerts about Glaston Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Glaston Oyj Abp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Glaston Oyj Abp has some characteristics of a very speculative penny stock | |
| About 24.0% of the company shares are held by company insiders |
Check out Glaston Oyj Backtesting, Glaston Oyj Valuation, Glaston Oyj Correlation, Glaston Oyj Hype Analysis, Glaston Oyj Volatility, Glaston Oyj History as well as Glaston Oyj Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Glaston Stock analysis
When running Glaston Oyj's price analysis, check to measure Glaston Oyj'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 Glaston Oyj is operating at the current time. Most of Glaston Oyj's value examination focuses on studying past and present price action to predict the probability of Glaston Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glaston Oyj's price. Additionally, you may evaluate how the addition of Glaston Oyj to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |