Gorman Rupp Stock Probability of Future Stock Price Finishing Over 35.40
| GRC Stock | USD 35.40 0.86 2.49% |
Closest to current price Gorman long CALL Option Payoff at Expiration
Gorman |
Gorman Rupp Target Price Odds to finish over 35.40
The tendency of Gorman 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 above the current price in 90 days |
| 35.40 | 90 days | 35.40 | about 52.58 |
Based on a normal probability distribution, the odds of Gorman Rupp to move above the current price in 90 days from now is about 52.58 (This Gorman Rupp probability density function shows the probability of Gorman Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Gorman Rupp has a beta of 0.1. This usually indicates as returns on the market go up, Gorman Rupp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gorman Rupp will be expected to be much smaller as well. Additionally Gorman Rupp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Gorman Rupp Price Density |
| Price |
Predictive Modules for Gorman Rupp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gorman Rupp. 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 Gorman Rupp'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.
Gorman Rupp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gorman Rupp is not an exception. The market had few large corrections towards the Gorman Rupp'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 Gorman Rupp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gorman Rupp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 0.10 | |
σ | Overall volatility | 2.32 | |
Ir | Information ratio | -0.04 |
Gorman Rupp 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 Gorman Rupp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gorman Rupp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gorman Rupp generated a negative expected return over the last 90 days | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: MetricStream Recognized as a Leader in Enterprise GRC, Audit, Operational Risk, IT Risk and Third-Party Risk in Chartis Researchs 2024 RiskTech Quadrant |
Gorman Rupp 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 Gorman Stock often depends not only on the future outlook of the current and potential Gorman Rupp'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. Gorman Rupp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.2 M | |
| Cash And Short Term Investments | 30.5 M |
Gorman Rupp Technical Analysis
Gorman Rupp's future price can be derived by breaking down and analyzing its technical indicators over time. Gorman Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gorman Rupp. In general, you should focus on analyzing Gorman Stock price patterns and their correlations with different microeconomic environments and drivers.
Gorman Rupp Predictive Forecast Models
Gorman Rupp's time-series forecasting models is one of many Gorman Rupp'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 Gorman Rupp'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 Gorman Rupp
Checking the ongoing alerts about Gorman Rupp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gorman Rupp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gorman Rupp generated a negative expected return over the last 90 days | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: MetricStream Recognized as a Leader in Enterprise GRC, Audit, Operational Risk, IT Risk and Third-Party Risk in Chartis Researchs 2024 RiskTech Quadrant |
Additional Information and Resources on Investing in Gorman Stock
When determining whether Gorman Rupp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gorman Rupp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gorman Rupp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gorman Rupp Stock:Check out Gorman Rupp Backtesting, Gorman Rupp Valuation, Gorman Rupp Correlation, Gorman Rupp Hype Analysis, Gorman Rupp Volatility, Gorman Rupp History as well as Gorman Rupp Performance. For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Industrial Machinery & Supplies & Components 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 Gorman Rupp. If investors know Gorman 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 Gorman Rupp 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 0.206 | Dividend Share 0.71 | Earnings Share 1.39 | Revenue Per Share 25.134 | Quarterly Revenue Growth (0.01) |
The market value of Gorman Rupp is measured differently than its book value, which is the value of Gorman that is recorded on the company's balance sheet. Investors also form their own opinion of Gorman Rupp's value that differs from its market value or its book value, called intrinsic value, which is Gorman Rupp'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 Gorman Rupp's market value can be influenced by many factors that don't directly affect Gorman Rupp'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 Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorman Rupp'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.