Geox Spa Adr Stock Odds of Future Pink Sheet Price Finishing Under 0.65
| GXSBY Stock | USD 0.65 0.00 0.00% |
Geox |
Geox SpA Target Price Odds to finish below 0.65
The tendency of Geox 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 below current price in 90 days |
| 0.65 | 90 days | 0.65 | about 33.78 |
Based on a normal probability distribution, the odds of Geox SpA to move below current price in 90 days from now is about 33.78 (This Geox SpA ADR probability density function shows the probability of Geox Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Geox SpA ADR has a beta of -0.98. This usually indicates Additionally Geox SpA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Geox SpA Price Density |
| Price |
Predictive Modules for Geox SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Geox SpA ADR. 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 Geox SpA'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.
Geox SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Geox SpA is not an exception. The market had few large corrections towards the Geox SpA'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 Geox SpA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Geox SpA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.3 | |
β | Beta against NYSE Composite | -0.98 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.15 |
Geox SpA 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 Geox SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Geox SpA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Geox SpA ADR generated a negative expected return over the last 90 days | |
| Geox SpA ADR has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 608.91 M. Net Loss for the year was (62.15 M) with profit before overhead, payroll, taxes, and interest of 284.26 M. |
Geox SpA 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 Geox Pink Sheet often depends not only on the future outlook of the current and potential Geox SpA'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. Geox SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 255.2 M |
Geox SpA Technical Analysis
Geox SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Geox Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Geox SpA ADR. In general, you should focus on analyzing Geox Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Geox SpA Predictive Forecast Models
Geox SpA's time-series forecasting models is one of many Geox SpA'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 Geox SpA'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 Geox SpA ADR
Checking the ongoing alerts about Geox SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Geox SpA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Geox SpA ADR generated a negative expected return over the last 90 days | |
| Geox SpA ADR has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 608.91 M. Net Loss for the year was (62.15 M) with profit before overhead, payroll, taxes, and interest of 284.26 M. |
Check out Geox SpA Backtesting, Geox SpA Valuation, Geox SpA Correlation, Geox SpA Hype Analysis, Geox SpA Volatility, Geox SpA History as well as Geox SpA Performance. Note that the Geox SpA ADR information on this page should be used as a complementary analysis to other Geox SpA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Geox Pink Sheet analysis
When running Geox SpA's price analysis, check to measure Geox SpA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Geox SpA is operating at the current time. Most of Geox SpA's value examination focuses on studying past and present price action to predict the probability of Geox SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geox SpA's price. Additionally, you may evaluate how the addition of Geox SpA to your portfolios can decrease your overall portfolio volatility.
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