Global Lights Acquisition Stock Probability of Future Stock Price Finishing Over 10.65

GLACU Stock  USD 10.80  0.00  0.00%   
Global Lights' future price is the expected price of Global Lights instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Global Lights Acquisition performance during a given time horizon utilizing its historical volatility. Check out Global Lights Backtesting, Global Lights Valuation, Global Lights Correlation, Global Lights Hype Analysis, Global Lights Volatility, Global Lights History as well as Global Lights Performance.
  
Price Earnings Ratio is likely to gain to 233.94 in 2024, whereas Price Book Value Ratio is likely to drop (8.03) in 2024. Please specify Global Lights' target price for which you would like Global Lights odds to be computed.

Global Lights Target Price Odds to finish over 10.65

The tendency of Global 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 PriceHorizonTarget PriceOdds to stay above $ 10.65  in 90 days
 10.80 90 days 10.65 
about 60.54
Based on a normal probability distribution, the odds of Global Lights to stay above $ 10.65  in 90 days from now is about 60.54 (This Global Lights Acquisition probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Lights Acquisition price to stay between $ 10.65  and its current price of $10.8 at the end of the 90-day period is about 56.43 .
Assuming the 90 days horizon Global Lights has a beta of 0.0155. This usually indicates as returns on the market go up, Global Lights average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Lights Acquisition will be expected to be much smaller as well. Additionally Global Lights Acquisition has an alpha of 0.0166, implying that it can generate a 0.0166 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Global Lights Price Density   
       Price  

Predictive Modules for Global Lights

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Lights Acquisition. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Lights' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.6710.8010.93
Details
Intrinsic
Valuation
LowRealHigh
10.6210.7510.88
Details
Naive
Forecast
LowNextHigh
10.6710.8010.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.8010.8010.80
Details

Global Lights Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Lights is not an exception. The market had few large corrections towards the Global Lights' 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 Global Lights Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Lights within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones0.02
σ
Overall volatility
0.07
Ir
Information ratio -0.76

Global Lights 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 Global Lights for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Lights Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Global Lights Acquisition has accumulated 2.64 M in total debt with debt to equity ratio (D/E) of 18.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Global Lights Acquisition has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Global Lights' use of debt, we should always consider it together with its cash and equity.
Global Lights Acquisition has accumulated about 192 K in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Global Lights has a poor financial position based on the latest SEC disclosures
Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily

Global Lights 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 Global Stock often depends not only on the future outlook of the current and potential Global Lights' 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. Global Lights' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.6 M
Cash And Short Term Investments1391.00

Global Lights Technical Analysis

Global Lights' future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Lights Acquisition. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.

Global Lights Predictive Forecast Models

Global Lights' time-series forecasting models is one of many Global Lights' 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 Global Lights' 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 Global Lights Acquisition

Checking the ongoing alerts about Global Lights for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Lights Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Global Lights Acquisition has accumulated 2.64 M in total debt with debt to equity ratio (D/E) of 18.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Global Lights Acquisition has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Global Lights' use of debt, we should always consider it together with its cash and equity.
Global Lights Acquisition has accumulated about 192 K in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Global Lights has a poor financial position based on the latest SEC disclosures
Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily

Additional Tools for Global Stock Analysis

When running Global Lights' price analysis, check to measure Global Lights' 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 Global Lights is operating at the current time. Most of Global Lights' value examination focuses on studying past and present price action to predict the probability of Global Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lights' price. Additionally, you may evaluate how the addition of Global Lights to your portfolios can decrease your overall portfolio volatility.