Global Medical Reit Stock Probability of Future Stock Price Finishing Under 7.97
| GMRE Stock | USD 8.33 0.21 2.59% |
Closest to current price Global long CALL Option Payoff at Expiration
Global |
Global Medical Target Price Odds to finish below 7.97
The tendency of Global 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 $ 7.97 or more in 90 days |
| 8.33 | 90 days | 7.97 | about 6.49 |
Based on a normal probability distribution, the odds of Global Medical to drop to $ 7.97 or more in 90 days from now is about 6.49 (This Global Medical REIT probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Medical REIT price to stay between $ 7.97 and its current price of $8.33 at the end of the 90-day period is about 14.51 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.71 . 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, Global Medical will likely underperform. Additionally Global Medical REIT has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Global Medical Price Density |
| Price |
Predictive Modules for Global Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Medical REIT. 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 Global Medical'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.
Global Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Medical is not an exception. The market had few large corrections towards the Global Medical'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 Global Medical REIT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Medical within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.36 | |
β | Beta against NYSE Composite | 1.71 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.17 |
Global Medical 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 Global Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Medical REIT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Medical REIT generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are owned by institutional investors | |
| On 9th of April 2024 Global Medical paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from zacks.com: DiamondRock Hospitality Q1 FFO and Revenues Beat Estimates |
Global Medical 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 Global Stock often depends not only on the future outlook of the current and potential Global Medical'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. Global Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.5 M | |
| Cash And Short Term Investments | 7.4 M |
Global Medical Technical Analysis
Global Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Medical REIT. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Medical Predictive Forecast Models
Global Medical's time-series forecasting models is one of many Global Medical'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 Global Medical'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 Global Medical REIT
Checking the ongoing alerts about Global Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Medical REIT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Medical REIT generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are owned by institutional investors | |
| On 9th of April 2024 Global Medical paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from zacks.com: DiamondRock Hospitality Q1 FFO and Revenues Beat Estimates |
Check out Global Medical Backtesting, Global Medical Valuation, Global Medical Correlation, Global Medical Hype Analysis, Global Medical Volatility, Global Medical History as well as Global Medical Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Global Stock analysis
When running Global Medical's price analysis, check to measure Global Medical'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 Global Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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Is Global Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Medical. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 0.21 | Earnings Share 0.23 | Revenue Per Share 2.152 | Quarterly Revenue Growth (0.09) |
The market value of Global Medical REIT is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Medical's value that differs from its market value or its book value, called intrinsic value, which is Global Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Medical's market value can be influenced by many factors that don't directly affect Global Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.