Gerdau Sa Adr Stock Probability of Future Stock Price Finishing Over 3.06
| GGB Stock | USD 2.88 0.02 0.69% |
Gerdau |
Gerdau SA Target Price Odds to finish over 3.06
The tendency of Gerdau 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 over $ 3.06 or more in 90 days |
| 2.88 | 90 days | 3.06 | about 88.92 |
Based on a normal probability distribution, the odds of Gerdau SA to move over $ 3.06 or more in 90 days from now is about 88.92 (This Gerdau SA ADR probability density function shows the probability of Gerdau Stock to fall within a particular range of prices over 90 days) . Probability of Gerdau SA ADR price to stay between its current price of $ 2.88 and $ 3.06 at the end of the 90-day period is about 9.77 .
Considering the 90-day investment horizon Gerdau SA ADR has a beta of -0.26. This usually indicates as returns on the benchmark increase, returns on holding Gerdau SA are expected to decrease at a much lower rate. During a bear market, however, Gerdau SA ADR is likely to outperform the market. Additionally Gerdau SA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Gerdau SA Price Density |
| Price |
Predictive Modules for Gerdau SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gerdau SA ADR. 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.Gerdau SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gerdau SA is not an exception. The market had few large corrections towards the Gerdau SA'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 Gerdau SA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gerdau SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.1 |
Gerdau SA 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 Gerdau SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gerdau SA 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.| Gerdau SA ADR generated a negative expected return over the last 90 days | |
| On 23rd of December 2024 Gerdau SA paid $ 0.0528 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Gerdau Steel Stock Dips Amid Market Volatility |
Gerdau SA 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 Gerdau Stock often depends not only on the future outlook of the current and potential Gerdau SA'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. Gerdau SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B | |
| Cash And Short Term Investments | 5.3 B |
Gerdau SA Technical Analysis
Gerdau SA's future price can be derived by breaking down and analyzing its technical indicators over time. Gerdau Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gerdau SA ADR. In general, you should focus on analyzing Gerdau Stock price patterns and their correlations with different microeconomic environments and drivers.