Green Globe International Stock Probability of Future Pink Sheet Price Finishing Over 6.0E-4
| GGII Stock | USD 0.0004 0.0001 33.33% |
Green |
Green Globe Target Price Odds to finish over 6.0E-4
The tendency of Green Pink Sheet 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 $ 0.0006 or more in 90 days |
| 0.0004 | 90 days | 0.0006 | near 1 |
Based on a normal probability distribution, the odds of Green Globe to move over $ 0.0006 or more in 90 days from now is near 1 (This Green Globe International probability density function shows the probability of Green Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Green Globe International price to stay between its current price of $ 0.0004 and $ 0.0006 at the end of the 90-day period is about 58.41 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.78 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Green Globe will likely underperform. Additionally Green Globe International has an alpha of 0.3852, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Green Globe Price Density |
| Price |
Predictive Modules for Green Globe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Green Globe International. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Green Globe Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Green Globe is not an exception. The market had few large corrections towards the Green Globe'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 Green Globe International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Green Globe within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 1.78 | |
σ | Overall volatility | 0.000074 | |
Ir | Information ratio | 0.03 |
Green Globe 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 Green Globe for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Green Globe International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Green Globe is way too risky over 90 days horizon | |
| Green Globe has some characteristics of a very speculative penny stock | |
| Green Globe appears to be risky and price may revert if volatility continues | |
| Green Globe has high likelihood to experience some financial distress in the next 2 years | |
| Green Globe International currently holds 2.2 M in liabilities with Debt to Equity (D/E) ratio of 0.81, which is about average as compared to similar companies. Green Globe International has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Green Globe until it has trouble settling it off, either with new capital or with free cash flow. So, Green Globe'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 Green Globe International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Green to invest in growth at high rates of return. When we think about Green Globe's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 3.71 M. Net Loss for the year was (1.86 M) with profit before overhead, payroll, taxes, and interest of 336.37 K. | |
| Green Globe International currently holds about 249.46 K in cash with (730.96 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Green Globe 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 Green Pink Sheet often depends not only on the future outlook of the current and potential Green Globe'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. Green Globe's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 21.7 M |
Green Globe Technical Analysis
Green Globe's future price can be derived by breaking down and analyzing its technical indicators over time. Green Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Green Globe International. In general, you should focus on analyzing Green Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Green Globe Predictive Forecast Models
Green Globe's time-series forecasting models is one of many Green Globe's pink sheet 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 Green Globe'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Green Globe International
Checking the ongoing alerts about Green Globe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Green Globe International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Green Globe is way too risky over 90 days horizon | |
| Green Globe has some characteristics of a very speculative penny stock | |
| Green Globe appears to be risky and price may revert if volatility continues | |
| Green Globe has high likelihood to experience some financial distress in the next 2 years | |
| Green Globe International currently holds 2.2 M in liabilities with Debt to Equity (D/E) ratio of 0.81, which is about average as compared to similar companies. Green Globe International has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Green Globe until it has trouble settling it off, either with new capital or with free cash flow. So, Green Globe'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 Green Globe International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Green to invest in growth at high rates of return. When we think about Green Globe's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 3.71 M. Net Loss for the year was (1.86 M) with profit before overhead, payroll, taxes, and interest of 336.37 K. | |
| Green Globe International currently holds about 249.46 K in cash with (730.96 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Green Pink Sheet
Green Globe financial ratios help investors to determine whether Green Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Green with respect to the benefits of owning Green Globe security.