Gambling Group Stock Odds of Future Stock Price Finishing Under 13.27
| GAMB Stock | USD 14.08 0.18 1.26% |
Gambling |
Gambling Target Price Odds to finish below 13.27
The tendency of Gambling 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 $ 13.27 or more in 90 days |
| 14.08 | 90 days | 13.27 | about 77.26 |
Based on a normal probability distribution, the odds of Gambling to drop to $ 13.27 or more in 90 days from now is about 77.26 (This Gambling Group probability density function shows the probability of Gambling Stock to fall within a particular range of prices over 90 days) . Probability of Gambling Group price to stay between $ 13.27 and its current price of $14.08 at the end of the 90-day period is about 9.94 .
Given the investment horizon of 90 days Gambling Group has a beta of -0.55. This usually indicates as returns on the benchmark increase, returns on holding Gambling are expected to decrease at a much lower rate. During a bear market, however, Gambling Group is likely to outperform the market. Additionally Gambling Group has an alpha of 0.5807, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gambling Price Density |
| Price |
Predictive Modules for Gambling
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gambling Group. 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.Gambling Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gambling is not an exception. The market had few large corrections towards the Gambling'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 Gambling Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gambling within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 2.08 | |
Ir | Information ratio | 0.15 |
Gambling 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 Gambling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gambling Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gambling Group appears to be risky and price may revert if volatility continues | |
| Gambling Group has a frail financial position based on the latest SEC disclosures | |
| About 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Gambling.com Group Shares Down 2.5 percent - Whats Next - MarketBeat |
Gambling 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 Gambling Stock often depends not only on the future outlook of the current and potential Gambling'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. Gambling's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.5 M | |
| Cash And Short Term Investments | 25.4 M |
Gambling Technical Analysis
Gambling's future price can be derived by breaking down and analyzing its technical indicators over time. Gambling Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gambling Group. In general, you should focus on analyzing Gambling Stock price patterns and their correlations with different microeconomic environments and drivers.
Gambling Predictive Forecast Models
Gambling's time-series forecasting models is one of many Gambling'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 Gambling'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.