Great Elm Group Stock Probability of Future Stock Price Finishing Over 23.78

GEGGL Stock  USD 23.75  0.05  0.21%   
Great Elm's future price is the expected price of Great Elm instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Great Elm Group performance during a given time horizon utilizing its historical volatility. Check out Great Elm Backtesting, Great Elm Valuation, Great Elm Correlation, Great Elm Hype Analysis, Great Elm Volatility, Great Elm History as well as Great Elm Performance.
  
Price Earnings To Growth Ratio is expected to rise to 4.32 this year, although the value of Price To Sales Ratio will most likely fall to 33.49. Please specify Great Elm's target price for which you would like Great Elm odds to be computed.

Great Elm Target Price Odds to finish over 23.78

The tendency of Great 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 PriceHorizonTarget PriceOdds to move over $ 23.78  or more in 90 days
 23.75 90 days 23.78 
about 30.38
Based on a normal probability distribution, the odds of Great Elm to move over $ 23.78  or more in 90 days from now is about 30.38 (This Great Elm Group probability density function shows the probability of Great Stock to fall within a particular range of prices over 90 days) . Probability of Great Elm Group price to stay between its current price of $ 23.75  and $ 23.78  at the end of the 90-day period is roughly 2.89 .
Assuming the 90 days horizon Great Elm has a beta of 0.22. This usually indicates as returns on the market go up, Great Elm average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Great Elm Group will be expected to be much smaller as well. Additionally Great Elm Group has an alpha of 0.0574, implying that it can generate a 0.0574 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Great Elm Price Density   
       Price  

Predictive Modules for Great Elm

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Elm 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.
Hype
Prediction
LowEstimatedHigh
22.6823.7524.82
Details
Intrinsic
Valuation
LowRealHigh
22.6023.6724.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Great Elm. Your research has to be compared to or analyzed against Great Elm's peers to derive any actionable benefits. When done correctly, Great Elm's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Great Elm Group.

Great Elm Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Great Elm is not an exception. The market had few large corrections towards the Great Elm'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 Great Elm Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Great Elm within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.06
β
Beta against Dow Jones0.22
σ
Overall volatility
0.37
Ir
Information ratio -0.01

Great Elm 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 Great Elm for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Great Elm 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.
Great Elm Group has a frail financial position based on the latest SEC disclosures
Latest headline from thelincolnianonline.com: Great Elm Group, Inc. 7.25 percent Notes due 2027 To Go Ex-Dividend on December 13th

Great Elm 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 Great Stock often depends not only on the future outlook of the current and potential Great Elm'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. Great Elm's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Short Prior Month7253

Great Elm Technical Analysis

Great Elm's future price can be derived by breaking down and analyzing its technical indicators over time. Great Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Great Elm Group. In general, you should focus on analyzing Great Stock price patterns and their correlations with different microeconomic environments and drivers.

Great Elm Predictive Forecast Models

Great Elm's time-series forecasting models is one of many Great Elm'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 Great Elm'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 Great Elm Group

Checking the ongoing alerts about Great Elm for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Great Elm Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Great Elm Group has a frail financial position based on the latest SEC disclosures
Latest headline from thelincolnianonline.com: Great Elm Group, Inc. 7.25 percent Notes due 2027 To Go Ex-Dividend on December 13th
When determining whether Great Elm Group is a strong investment it is important to analyze Great Elm'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 Great Elm's future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:
Check out Great Elm Backtesting, Great Elm Valuation, Great Elm Correlation, Great Elm Hype Analysis, Great Elm Volatility, Great Elm History as well as Great Elm Performance.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks 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 Great Elm. If investors know Great 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 Great Elm 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 Great Elm Group is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.