Galaxy Gaming Stock Probability of Future OTC Stock Price Finishing Under 1.32
| GLXZ Stock | USD 1.37 0.05 3.79% |
Galaxy |
Galaxy Gaming Target Price Odds to finish below 1.32
The tendency of Galaxy OTC 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 $ 1.32 or more in 90 days |
| 1.37 | 90 days | 1.32 | about 13.26 |
Based on a normal probability distribution, the odds of Galaxy Gaming to drop to $ 1.32 or more in 90 days from now is about 13.26 (This Galaxy Gaming probability density function shows the probability of Galaxy OTC Stock to fall within a particular range of prices over 90 days) . Probability of Galaxy Gaming price to stay between $ 1.32 and its current price of $1.37 at the end of the 90-day period is about 6.91 .
Given the investment horizon of 90 days the otc stock has the beta coefficient of 1.05 . This usually indicates Galaxy Gaming market returns are sensitive to returns on the market. As the market goes up or down, Galaxy Gaming is expected to follow. Additionally Galaxy Gaming has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Galaxy Gaming Price Density |
| Price |
Predictive Modules for Galaxy Gaming
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 Gaming. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Gaming'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 Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galaxy Gaming is not an exception. The market had few large corrections towards the Galaxy Gaming'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 Gaming, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galaxy Gaming within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.44 | |
β | Beta against NYSE Composite | 1.05 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.14 |
Galaxy Gaming 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 Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galaxy Gaming 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 Gaming generated a negative expected return over the last 90 days | |
| Galaxy Gaming may become a speculative penny stock | |
| Galaxy Gaming has high historical volatility and very poor performance | |
| Galaxy Gaming has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 26.0% of the company shares are held by company insiders |
Galaxy Gaming 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 OTC Stock often depends not only on the future outlook of the current and potential Galaxy Gaming'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 Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.5 M |
Galaxy Gaming Technical Analysis
Galaxy Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Galaxy OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galaxy Gaming. In general, you should focus on analyzing Galaxy OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Galaxy Gaming Predictive Forecast Models
Galaxy Gaming's time-series forecasting models is one of many Galaxy Gaming's otc 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 Gaming'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 otc stock market movement and maximize returns from investment trading.
Things to note about Galaxy Gaming
Checking the ongoing alerts about Galaxy Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galaxy Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Galaxy Gaming generated a negative expected return over the last 90 days | |
| Galaxy Gaming may become a speculative penny stock | |
| Galaxy Gaming has high historical volatility and very poor performance | |
| Galaxy Gaming has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 26.0% of the company shares are held by company insiders |
Check out Galaxy Gaming Backtesting, Galaxy Gaming Valuation, Galaxy Gaming Correlation, Galaxy Gaming Hype Analysis, Galaxy Gaming Volatility, Galaxy Gaming History as well as Galaxy Gaming Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Galaxy OTC Stock analysis
When running Galaxy Gaming's price analysis, check to measure Galaxy Gaming'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 Galaxy Gaming is operating at the current time. Most of Galaxy Gaming's value examination focuses on studying past and present price action to predict the probability of Galaxy Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Gaming's price. Additionally, you may evaluate how the addition of Galaxy Gaming to your portfolios can decrease your overall portfolio volatility.
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