Globaltech Stock Probability of Future Pink Sheet Price Finishing Over 1.94
| GLTK Stock | 1.94 0.06 3.00% |
GlobalTech |
GlobalTech Target Price Odds to finish over 1.94
The tendency of GlobalTech Pink Sheet 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 |
| 1.94 | 90 days | 1.94 | about 55.08 |
Based on a normal probability distribution, the odds of GlobalTech to move above the current price in 90 days from now is about 55.08 (This GlobalTech probability density function shows the probability of GlobalTech Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days GlobalTech has a beta of -0.79. This usually indicates as returns on the benchmark increase, returns on holding GlobalTech are expected to decrease at a much lower rate. During a bear market, however, GlobalTech is likely to outperform the market. Additionally GlobalTech has an alpha of 0.344, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GlobalTech Price Density |
| Price |
Predictive Modules for GlobalTech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GlobalTech. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 GlobalTech'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.
GlobalTech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GlobalTech is not an exception. The market had few large corrections towards the GlobalTech'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 GlobalTech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GlobalTech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | -0.79 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.07 |
GlobalTech 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 GlobalTech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GlobalTech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GlobalTech may become a speculative penny stock |
GlobalTech Technical Analysis
GlobalTech's future price can be derived by breaking down and analyzing its technical indicators over time. GlobalTech Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GlobalTech. In general, you should focus on analyzing GlobalTech Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
GlobalTech Predictive Forecast Models
GlobalTech's time-series forecasting models is one of many GlobalTech's pink sheet 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 GlobalTech'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 pink sheet market movement and maximize returns from investment trading.
Things to note about GlobalTech
Checking the ongoing alerts about GlobalTech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GlobalTech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GlobalTech may become a speculative penny stock |