Gen Iii Oil Stock Odds of Future Stock Price Finishing Over 0.34
| GIII Stock | CAD 0.34 0.02 6.25% |
Gen |
Gen III Target Price Odds to finish over 0.34
The tendency of Gen 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 |
| 0.34 | 90 days | 0.34 | near 1 |
Based on a normal probability distribution, the odds of Gen III to move above the current price in 90 days from now is near 1 (This Gen III Oil probability density function shows the probability of Gen Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Gen III Oil has a beta of -1.41. This usually indicates as returns on its benchmark rise, returns on holding Gen III Oil are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Gen III is expected to outperform its benchmark. Additionally Gen III Oil has an alpha of 0.9426, implying that it can generate a 0.94 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gen III Price Density |
| Price |
Predictive Modules for Gen III
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gen III Oil. 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.Gen III Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gen III is not an exception. The market had few large corrections towards the Gen III'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 Gen III Oil, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gen III within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.94 | |
β | Beta against Dow Jones | -1.41 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.10 |
Gen III 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 Gen III for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gen III Oil can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gen III Oil is way too risky over 90 days horizon | |
| Gen III Oil has some characteristics of a very speculative penny stock | |
| Gen III Oil appears to be risky and price may revert if volatility continues | |
| Gen III Oil has accumulated 2.92 M in total debt. Gen III Oil has a current ratio of 0.79, 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 Gen III until it has trouble settling it off, either with new capital or with free cash flow. So, Gen III'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 Gen III Oil sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gen to invest in growth at high rates of return. When we think about Gen III's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (5.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gen III Oil has accumulated about 1.78 M in cash with (4.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: 3 Top Oil Stocks to Buy Before 2024 Is Over - MSN |
Gen III 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 Gen Stock often depends not only on the future outlook of the current and potential Gen III'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. Gen III's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 117.6 M | |
| Cash And Short Term Investments | 2.3 M |
Gen III Technical Analysis
Gen III's future price can be derived by breaking down and analyzing its technical indicators over time. Gen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gen III Oil. In general, you should focus on analyzing Gen Stock price patterns and their correlations with different microeconomic environments and drivers.
Gen III Predictive Forecast Models
Gen III's time-series forecasting models is one of many Gen III'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 Gen III'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 Gen III Oil
Checking the ongoing alerts about Gen III for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gen III Oil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gen III Oil is way too risky over 90 days horizon | |
| Gen III Oil has some characteristics of a very speculative penny stock | |
| Gen III Oil appears to be risky and price may revert if volatility continues | |
| Gen III Oil has accumulated 2.92 M in total debt. Gen III Oil has a current ratio of 0.79, 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 Gen III until it has trouble settling it off, either with new capital or with free cash flow. So, Gen III'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 Gen III Oil sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gen to invest in growth at high rates of return. When we think about Gen III's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (5.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gen III Oil has accumulated about 1.78 M in cash with (4.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: 3 Top Oil Stocks to Buy Before 2024 Is Over - MSN |
Additional Tools for Gen Stock Analysis
When running Gen III's price analysis, check to measure Gen III'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 Gen III is operating at the current time. Most of Gen III's value examination focuses on studying past and present price action to predict the probability of Gen III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen III's price. Additionally, you may evaluate how the addition of Gen III to your portfolios can decrease your overall portfolio volatility.