Gfl Environmental Holdings Stock Probability of Future Stock Price Finishing Over 66.12
| GFL Stock | CAD 66.12 0.39 0.59% |
Gfl |
Gfl Environmental Target Price Odds to finish over 66.12
The tendency of Gfl 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 |
| 66.12 | 90 days | 66.12 | about 18.07 |
Based on a normal probability distribution, the odds of Gfl Environmental to move above the current price in 90 days from now is about 18.07 (This Gfl Environmental Holdings probability density function shows the probability of Gfl Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Gfl Environmental has a beta of 0.19. This usually indicates as returns on the market go up, Gfl Environmental average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gfl Environmental Holdings will be expected to be much smaller as well. Additionally Gfl Environmental Holdings has an alpha of 0.0319, implying that it can generate a 0.0319 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gfl Environmental Price Density |
| Price |
Predictive Modules for Gfl Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gfl Environmental. 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.Gfl Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gfl Environmental is not an exception. The market had few large corrections towards the Gfl Environmental'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 Gfl Environmental Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gfl Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 2.06 | |
Ir | Information ratio | 0.07 |
Gfl Environmental 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 Gfl Environmental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gfl Environmental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gfl Environmental Holdings has accumulated 1.15 B in total debt with debt to equity ratio (D/E) of 1.5, which is about average as compared to similar companies. Gfl Environmental has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gfl Environmental until it has trouble settling it off, either with new capital or with free cash flow. So, Gfl Environmental's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gfl Environmental sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gfl to invest in growth at high rates of return. When we think about Gfl Environmental's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.86 B. Net Loss for the year was (722.7 M) with profit before overhead, payroll, taxes, and interest of 1.49 B. | |
| Over 80.0% of Gfl Environmental shares are owned by institutional investors |
Gfl Environmental 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 Gfl Stock often depends not only on the future outlook of the current and potential Gfl Environmental'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. Gfl Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 393.4 M |
Gfl Environmental Technical Analysis
Gfl Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. Gfl Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gfl Environmental Holdings. In general, you should focus on analyzing Gfl Stock price patterns and their correlations with different microeconomic environments and drivers.
Gfl Environmental Predictive Forecast Models
Gfl Environmental's time-series forecasting models is one of many Gfl Environmental'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 Gfl Environmental'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 Gfl Environmental
Checking the ongoing alerts about Gfl Environmental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gfl Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gfl Environmental Holdings has accumulated 1.15 B in total debt with debt to equity ratio (D/E) of 1.5, which is about average as compared to similar companies. Gfl Environmental has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gfl Environmental until it has trouble settling it off, either with new capital or with free cash flow. So, Gfl Environmental's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gfl Environmental sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gfl to invest in growth at high rates of return. When we think about Gfl Environmental's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.86 B. Net Loss for the year was (722.7 M) with profit before overhead, payroll, taxes, and interest of 1.49 B. | |
| Over 80.0% of Gfl Environmental shares are owned by institutional investors |
Check out Gfl Environmental Backtesting, Gfl Environmental Valuation, Gfl Environmental Correlation, Gfl Environmental Hype Analysis, Gfl Environmental Volatility, Gfl Environmental History as well as Gfl Environmental Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.