Gfl Environmental Holdings Stock Probability of Future Stock Price Finishing Under 46.03
| GFL Stock | USD 44.72 0.16 0.36% |
Gfl |
Gfl Environmental Target Price Odds to finish below 46.03
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 stay under $ 46.03 after 90 days |
| 44.72 | 90 days | 46.03 | about 87.64 |
Based on a normal probability distribution, the odds of Gfl Environmental to stay under $ 46.03 after 90 days from now is about 87.64 (This Gfl Environmental Holdings probability density function shows the probability of Gfl Stock to fall within a particular range of prices over 90 days) . Probability of Gfl Environmental price to stay between its current price of $ 44.72 and $ 46.03 at the end of the 90-day period is about 13.38 .
Considering the 90-day investment horizon Gfl Environmental has a beta of 0.26. 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 0.1889, implying that it can generate a 0.19 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 | 0.19 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 2.58 | |
Ir | Information ratio | 0.11 |
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 9.29 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Gfl Environmental has a current ratio of 0.62, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gfl to invest in growth at high rates of return. | |
| Gfl Environmental has a strong financial position based on the latest SEC filings | |
| Over 81.0% of Gfl Environmental shares are owned by institutional investors | |
| On 31st of October 2024 Gfl Environmental paid $ 0.014 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Franklin Resources Inc. Trims Holdings in GFL Environmental Inc. - MarketBeat |
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 | 349.2 M | |
| Cash And Short Term Investments | 135.7 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 9.29 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Gfl Environmental has a current ratio of 0.62, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gfl to invest in growth at high rates of return. | |
| Gfl Environmental has a strong financial position based on the latest SEC filings | |
| Over 81.0% of Gfl Environmental shares are owned by institutional investors | |
| On 31st of October 2024 Gfl Environmental paid $ 0.014 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Franklin Resources Inc. Trims Holdings in GFL Environmental Inc. - MarketBeat |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Environmental & Facilities Services 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 Gfl Environmental. If investors know Gfl 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 Gfl Environmental 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 4.972 | Dividend Share 0.073 | Earnings Share (1.25) | Revenue Per Share 21.876 | Quarterly Revenue Growth 0.066 |
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental'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 Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental'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 Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental'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.