Greif Inc Stock Chance of Future Stock Price Finishing Over 65.73
| GEF-B Stock | USD 62.23 0.29 0.46% |
Greif |
Greif Target Price Odds to finish over 65.73
The tendency of Greif 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 move over $ 65.73 or more in 90 days |
| 62.23 | 90 days | 65.73 | about 41.79 |
Based on a normal probability distribution, the odds of Greif to move over $ 65.73 or more in 90 days from now is about 41.79 (This Greif Inc probability density function shows the probability of Greif Stock to fall within a particular range of prices over 90 days) . Probability of Greif Inc price to stay between its current price of $ 62.23 and $ 65.73 at the end of the 90-day period is about 52.79 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.07 . This usually indicates Greif Inc market returns are sensitive to returns on the market. As the market goes up or down, Greif is expected to follow. Additionally Greif Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Greif Price Density |
| Price |
Predictive Modules for Greif
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greif Inc. 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 Greif'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.
Greif Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greif is not an exception. The market had few large corrections towards the Greif'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 Greif Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greif within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | 1.07 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | -0.0073 |
Greif 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 Greif for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greif Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greif Inc generated a negative expected return over the last 90 days | |
| Greif Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Greif Inc has a strong financial position based on the latest SEC filings | |
| About 78.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Stifel maintains buy on Greif shares, reiterates price target |
Greif 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 Greif Stock often depends not only on the future outlook of the current and potential Greif'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. Greif's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.2 M | |
| Cash And Short Term Investments | 180.9 M |
Greif Technical Analysis
Greif's future price can be derived by breaking down and analyzing its technical indicators over time. Greif Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greif Inc. In general, you should focus on analyzing Greif Stock price patterns and their correlations with different microeconomic environments and drivers.
Greif Predictive Forecast Models
Greif's time-series forecasting models is one of many Greif'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 Greif'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 Greif Inc
Checking the ongoing alerts about Greif for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greif Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greif Inc generated a negative expected return over the last 90 days | |
| Greif Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Greif Inc has a strong financial position based on the latest SEC filings | |
| About 78.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Stifel maintains buy on Greif shares, reiterates price target |
Other Information on Investing in Greif Stock
Greif financial ratios help investors to determine whether Greif Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greif with respect to the benefits of owning Greif security.