Group 1 Automotive Stock Odds of Future Stock Price Finishing Over 415.45
| GPI Stock | USD 417.34 11.57 2.85% |
Closest to current price Group long CALL Option Payoff at Expiration
Group |
Group 1 Target Price Odds to finish over 415.45
The tendency of Group 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 stay above $ 415.45 in 90 days |
| 417.34 | 90 days | 415.45 | near 1 |
Based on a normal probability distribution, the odds of Group 1 to stay above $ 415.45 in 90 days from now is near 1 (This Group 1 Automotive probability density function shows the probability of Group Stock to fall within a particular range of prices over 90 days) . Probability of Group 1 Automotive price to stay between $ 415.45 and its current price of $417.34 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.69 . 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, Group 1 will likely underperform. Additionally Group 1 Automotive has an alpha of 0.0229, implying that it can generate a 0.0229 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Group 1 Price Density |
| Price |
Predictive Modules for Group 1
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Group 1 Automotive. 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.Group 1 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Group 1 is not an exception. The market had few large corrections towards the Group 1'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 Group 1 Automotive, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Group 1 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 1.69 | |
σ | Overall volatility | 17.08 | |
Ir | Information ratio | 0.06 |
Group 1 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 Group 1 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Group 1 Automotive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Group 1 Automotive is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| On 16th of September 2024 Group 1 paid $ 0.47 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: Wwise Automotive dAudiokinetic ouvre la voie vers une nouvelle rfrence en matire daudio immersif avec la nouvelle voiture lectrique NEVO E07 de CHANGAN |
Group 1 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 Group Stock often depends not only on the future outlook of the current and potential Group 1'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. Group 1's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.7 M | |
| Cash And Short Term Investments | 57.2 M |
Group 1 Technical Analysis
Group 1's future price can be derived by breaking down and analyzing its technical indicators over time. Group Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Group 1 Automotive. In general, you should focus on analyzing Group Stock price patterns and their correlations with different microeconomic environments and drivers.
Group 1 Predictive Forecast Models
Group 1's time-series forecasting models is one of many Group 1'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 Group 1'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 Group 1 Automotive
Checking the ongoing alerts about Group 1 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Group 1 Automotive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Group 1 Automotive is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| On 16th of September 2024 Group 1 paid $ 0.47 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: Wwise Automotive dAudiokinetic ouvre la voie vers une nouvelle rfrence en matire daudio immersif avec la nouvelle voiture lectrique NEVO E07 de CHANGAN |
Check out Group 1 Backtesting, Group 1 Valuation, Group 1 Correlation, Group 1 Hype Analysis, Group 1 Volatility, Group 1 History as well as Group 1 Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Automotive Retail 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 Group 1. If investors know Group 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 Group 1 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 (0.25) | Dividend Share 0.47 | Earnings Share 37.53 | Revenue Per Share 1.4 K | Quarterly Revenue Growth 0.11 |
The market value of Group 1 Automotive is measured differently than its book value, which is the value of Group that is recorded on the company's balance sheet. Investors also form their own opinion of Group 1's value that differs from its market value or its book value, called intrinsic value, which is Group 1'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 Group 1's market value can be influenced by many factors that don't directly affect Group 1'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 Group 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if Group 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Group 1'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.