Globe Life 425 Preferred Stock Probability of Future Preferred Stock Price Finishing Under 14.91
| GL-PD Preferred Stock | USD 16.68 0.38 2.33% |
Globe |
Globe Life Target Price Odds to finish below 14.91
The tendency of Globe Preferred 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 drop to $ 14.91 or more in 90 days |
| 16.68 | 90 days | 14.91 | near 1 |
Based on a normal probability distribution, the odds of Globe Life to drop to $ 14.91 or more in 90 days from now is near 1 (This Globe Life 425 probability density function shows the probability of Globe Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Globe Life 425 price to stay between $ 14.91 and its current price of $16.68 at the end of the 90-day period is about 8.12 .
Assuming the 90 days horizon Globe Life has a beta of 0.31. This usually indicates as returns on the market go up, Globe Life average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Globe Life 425 will be expected to be much smaller as well. Additionally Globe Life 425 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. Globe Life Price Density |
| Price |
Predictive Modules for Globe Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Globe Life 425. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Globe Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Globe Life is not an exception. The market had few large corrections towards the Globe Life'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 Globe Life 425, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Globe Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.15 |
Globe Life 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 Globe Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Globe Life 425 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Globe Life 425 generated a negative expected return over the last 90 days |
Globe Life 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 Globe Preferred Stock often depends not only on the future outlook of the current and potential Globe Life'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. Globe Life's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 80.5 M | |
| Cash And Short Term Investments | 1.1 B |
Globe Life Technical Analysis
Globe Life's future price can be derived by breaking down and analyzing its technical indicators over time. Globe Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globe Life 425. In general, you should focus on analyzing Globe Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Globe Life Predictive Forecast Models
Globe Life's time-series forecasting models is one of many Globe Life's preferred 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 Globe Life'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Globe Life 425
Checking the ongoing alerts about Globe Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Globe Life 425 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Globe Life 425 generated a negative expected return over the last 90 days |
Other Information on Investing in Globe Preferred Stock
Globe Life financial ratios help investors to determine whether Globe Preferred Stock 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 Globe with respect to the benefits of owning Globe Life security.