Greenlight Capital Re Stock Probability of Future Stock Price Finishing Under 12.45
| GLRE Stock | USD 13.71 0.29 2.07% |
Greenlight |
Greenlight Capital Target Price Odds to finish below 12.45
The tendency of Greenlight 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 $ 12.45 or more in 90 days |
| 13.71 | 90 days | 12.45 | near 1 |
Based on a normal probability distribution, the odds of Greenlight Capital to drop to $ 12.45 or more in 90 days from now is near 1 (This Greenlight Capital Re probability density function shows the probability of Greenlight Stock to fall within a particular range of prices over 90 days) . Probability of Greenlight Capital price to stay between $ 12.45 and its current price of $13.71 at the end of the 90-day period is about 22.15 .
Given the investment horizon of 90 days Greenlight Capital has a beta of 0.63. This usually indicates as returns on the market go up, Greenlight Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greenlight Capital Re will be expected to be much smaller as well. Additionally Greenlight Capital Re has an alpha of 0.0372, implying that it can generate a 0.0372 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Greenlight Capital Price Density |
| Price |
Predictive Modules for Greenlight Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenlight Capital. 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.Greenlight Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenlight Capital is not an exception. The market had few large corrections towards the Greenlight Capital'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 Greenlight Capital Re, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenlight Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | 0.02 |
Greenlight Capital 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 Greenlight Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenlight Capital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greenlight Capital generated a negative expected return over the last 90 days | |
| Greenlight Capital has a strong financial position based on the latest SEC filings | |
| About 24.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Tracking David Einhorns Greenlight Capital Portfolio - Q3 2024 Update - Seeking Alpha |
Greenlight Capital 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 Greenlight Stock often depends not only on the future outlook of the current and potential Greenlight Capital'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. Greenlight Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.8 M | |
| Cash And Short Term Investments | 51.1 M |
Greenlight Capital Technical Analysis
Greenlight Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Greenlight Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greenlight Capital Re. In general, you should focus on analyzing Greenlight Stock price patterns and their correlations with different microeconomic environments and drivers.