Genting Singapore Plc Stock Probability of Future Pink Sheet Price Finishing Over 30.72
| GIGNY Stock | USD 30.72 0.00 0.00% |
Genting |
Genting Singapore Target Price Odds to finish over 30.72
The tendency of Genting 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 above the current price in 90 days |
| 30.72 | 90 days | 30.72 | about 82.2 |
Based on a normal probability distribution, the odds of Genting Singapore to move above the current price in 90 days from now is about 82.2 (This Genting Singapore PLC probability density function shows the probability of Genting Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Genting Singapore has a beta of 0.0398. This usually indicates as returns on the market go up, Genting Singapore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Genting Singapore PLC will be expected to be much smaller as well. Additionally Genting Singapore PLC 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. Genting Singapore Price Density |
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Predictive Modules for Genting Singapore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genting Singapore PLC. 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.Genting Singapore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genting Singapore is not an exception. The market had few large corrections towards the Genting Singapore'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 Genting Singapore PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genting Singapore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.56 | |
Ir | Information ratio | -0.04 |
Genting Singapore 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 Genting Pink Sheet often depends not only on the future outlook of the current and potential Genting Singapore'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. Genting Singapore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.1 B |
Genting Singapore Technical Analysis
Genting Singapore's future price can be derived by breaking down and analyzing its technical indicators over time. Genting Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genting Singapore PLC. In general, you should focus on analyzing Genting Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Genting Singapore Predictive Forecast Models
Genting Singapore's time-series forecasting models is one of many Genting Singapore'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 Genting Singapore'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genting Singapore in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genting Singapore's short interest history, or implied volatility extrapolated from Genting Singapore options trading.
Additional Tools for Genting Pink Sheet Analysis
When running Genting Singapore's price analysis, check to measure Genting Singapore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genting Singapore is operating at the current time. Most of Genting Singapore's value examination focuses on studying past and present price action to predict the probability of Genting Singapore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genting Singapore's price. Additionally, you may evaluate how the addition of Genting Singapore to your portfolios can decrease your overall portfolio volatility.