Gamesquare Holdings Stock Probability of Future Stock Price Finishing Under 0.01
| GAME Stock | USD 0.79 0.03 3.66% |
GameSquare |
GameSquare Holdings Target Price Odds to finish below 0.01
The tendency of GameSquare 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 $ 0.01 or more in 90 days |
| 0.79 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of GameSquare Holdings to drop to $ 0.01 or more in 90 days from now is near 1 (This GameSquare Holdings probability density function shows the probability of GameSquare Stock to fall within a particular range of prices over 90 days) . Probability of GameSquare Holdings price to stay between $ 0.01 and its current price of $0.79 at the end of the 90-day period is about 34.42 .
Given the investment horizon of 90 days GameSquare Holdings has a beta of -0.17. This usually indicates as returns on the benchmark increase, returns on holding GameSquare Holdings are expected to decrease at a much lower rate. During a bear market, however, GameSquare Holdings is likely to outperform the market. Additionally GameSquare Holdings has an alpha of 0.1018, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GameSquare Holdings Price Density |
| Price |
Predictive Modules for GameSquare Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GameSquare Holdings. 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.GameSquare Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GameSquare Holdings is not an exception. The market had few large corrections towards the GameSquare Holdings' 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 GameSquare Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GameSquare Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | 0.01 |
GameSquare Holdings 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 GameSquare Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GameSquare Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GameSquare Holdings had very high historical volatility over the last 90 days | |
| GameSquare Holdings has some characteristics of a very speculative penny stock | |
| GameSquare Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 52 M. Net Loss for the year was (31.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| GameSquare Holdings currently holds about 13.7 M in cash with (16.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| GameSquare Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 45.0% of the company shares are held by company insiders | |
| Latest headline from themerkle.com: Binance Introduces Sixth Batch Of Spotlight Projects On Binance Alpha |
GameSquare Holdings 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 GameSquare Stock often depends not only on the future outlook of the current and potential GameSquare Holdings' 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. GameSquare Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.1 M | |
| Cash And Short Term Investments | 2.9 M |
GameSquare Holdings Technical Analysis
GameSquare Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. GameSquare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GameSquare Holdings. In general, you should focus on analyzing GameSquare Stock price patterns and their correlations with different microeconomic environments and drivers.
GameSquare Holdings Predictive Forecast Models
GameSquare Holdings' time-series forecasting models is one of many GameSquare Holdings' 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 GameSquare Holdings' 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 GameSquare Holdings
Checking the ongoing alerts about GameSquare Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GameSquare Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GameSquare Holdings had very high historical volatility over the last 90 days | |
| GameSquare Holdings has some characteristics of a very speculative penny stock | |
| GameSquare Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 52 M. Net Loss for the year was (31.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| GameSquare Holdings currently holds about 13.7 M in cash with (16.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| GameSquare Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 45.0% of the company shares are held by company insiders | |
| Latest headline from themerkle.com: Binance Introduces Sixth Batch Of Spotlight Projects On Binance Alpha |
Check out GameSquare Holdings Backtesting, GameSquare Holdings Valuation, GameSquare Holdings Correlation, GameSquare Holdings Hype Analysis, GameSquare Holdings Volatility, GameSquare Holdings History as well as GameSquare Holdings Performance. For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Movies & Entertainment space 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 GameSquare Holdings. If investors know GameSquare 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 GameSquare Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.68) | Revenue Per Share 4.566 | Quarterly Revenue Growth 1.516 | Return On Assets (0.18) | Return On Equity (1.10) |
The market value of GameSquare Holdings is measured differently than its book value, which is the value of GameSquare that is recorded on the company's balance sheet. Investors also form their own opinion of GameSquare Holdings' value that differs from its market value or its book value, called intrinsic value, which is GameSquare Holdings' 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 GameSquare Holdings' market value can be influenced by many factors that don't directly affect GameSquare Holdings' 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 GameSquare Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if GameSquare Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameSquare Holdings' 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.