Gamestop Corp Stock Probability of Future Stock Price Finishing Under 0.11
| GME Stock | USD 28.22 18.33 39.38% |
GameStop |
GameStop Corp Target Price Odds to finish below 0.11
The tendency of GameStop 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 $ 0.11 or more in 90 days |
| 28.22 | 90 days | 0.11 | roughly 2.2 |
Based on a normal probability distribution, the odds of GameStop Corp to drop to $ 0.11 or more in 90 days from now is roughly 2.2 (This GameStop Corp probability density function shows the probability of GameStop Stock to fall within a particular range of prices over 90 days) . Probability of GameStop Corp price to stay between $ 0.11 and its current price of $28.22 at the end of the 90-day period is about 87.26 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.38 . 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, GameStop Corp will likely underperform. In addition to that GameStop Corp has an alpha of 2.2788, implying that it can generate a 2.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). GameStop Corp Price Density |
| Price |
Predictive Modules for GameStop Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GameStop Corp. 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 GameStop Corp'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.
GameStop Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GameStop Corp is not an exception. The market had few large corrections towards the GameStop Corp'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 GameStop Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GameStop Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 2.28 | |
β | Beta against NYSE Composite | 1.38 | |
σ | Overall volatility | 8.61 | |
Ir | Information ratio | 0.13 |
GameStop Corp 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 GameStop Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GameStop Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GameStop Corp is way too risky over 90 days horizon | |
| GameStop Corp appears to be risky and price may revert if volatility continues | |
| GameStop Corp has about 1.14 B in cash with (203.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.0. | |
| Roughly 12.0% of the company shares are held by company insiders |
GameStop Corp 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 GameStop Stock often depends not only on the future outlook of the current and potential GameStop Corp'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. GameStop Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 305.2 M | |
| Cash And Short Term Investments | 1.2 B |
GameStop Corp Technical Analysis
GameStop Corp's future price can be derived by breaking down and analyzing its technical indicators over time. GameStop Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GameStop Corp. In general, you should focus on analyzing GameStop Stock price patterns and their correlations with different microeconomic environments and drivers.
GameStop Corp Predictive Forecast Models
GameStop Corp's time-series forecasting models is one of many GameStop Corp'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 GameStop Corp'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 GameStop Corp
Checking the ongoing alerts about GameStop Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GameStop Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GameStop Corp is way too risky over 90 days horizon | |
| GameStop Corp appears to be risky and price may revert if volatility continues | |
| GameStop Corp has about 1.14 B in cash with (203.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.0. | |
| Roughly 12.0% of the company shares are held by company insiders |
Additional Information and Resources on Investing in GameStop Stock
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:Check out GameStop Corp Backtesting, GameStop Corp Valuation, GameStop Corp Correlation, GameStop Corp Hype Analysis, GameStop Corp Volatility, GameStop Corp History as well as GameStop Corp Performance. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is 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 GameStop Corp. If investors know GameStop 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 GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp'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 GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp'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 GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp'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.