Good Gaming Stock Probability of Future OTC Stock Price Finishing Under 0.022
| GMER Stock | USD 0.01 0.0004 4.21% |
Good |
Good Gaming Target Price Odds to finish below 0.022
The tendency of Good OTC 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 stay under $ 0.02 after 90 days |
| 0.01 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Good Gaming to stay under $ 0.02 after 90 days from now is close to 99 (This Good Gaming probability density function shows the probability of Good OTC Stock to fall within a particular range of prices over 90 days) . Probability of Good Gaming price to stay between its current price of $ 0.01 and $ 0.02 at the end of the 90-day period is about 16.26 .
Given the investment horizon of 90 days Good Gaming has a beta of -3.28. This usually indicates as returns on its benchmark rise, returns on holding Good Gaming are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Good Gaming is expected to outperform its benchmark. Additionally Good Gaming has an alpha of 0.8014, implying that it can generate a 0.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Good Gaming Price Density |
| Price |
Predictive Modules for Good Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Good Gaming. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Good Gaming's 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.
Good Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Good Gaming is not an exception. The market had few large corrections towards the Good Gaming'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 Good Gaming, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Good Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.80 | |
β | Beta against Dow Jones | -3.28 | |
σ | Overall volatility | 0.0007 | |
Ir | Information ratio | 0.04 |
Good Gaming 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 Good Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Good Gaming can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Good Gaming is way too risky over 90 days horizon | |
| Good Gaming has some characteristics of a very speculative penny stock | |
| Good Gaming appears to be risky and price may revert if volatility continues | |
| Good Gaming currently holds about 1.55 M in cash with (755.2 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Good Gaming 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 Good OTC Stock often depends not only on the future outlook of the current and potential Good Gaming'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. Good Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 103.5 M |
Good Gaming Technical Analysis
Good Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Good OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Good Gaming. In general, you should focus on analyzing Good OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Good Gaming Predictive Forecast Models
Good Gaming's time-series forecasting models is one of many Good Gaming's otc 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 Good Gaming'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 otc stock market movement and maximize returns from investment trading.
Things to note about Good Gaming
Checking the ongoing alerts about Good Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Good Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Good Gaming is way too risky over 90 days horizon | |
| Good Gaming has some characteristics of a very speculative penny stock | |
| Good Gaming appears to be risky and price may revert if volatility continues | |
| Good Gaming currently holds about 1.55 M in cash with (755.2 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Good OTC Stock Analysis
When running Good Gaming's price analysis, check to measure Good Gaming'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 Good Gaming is operating at the current time. Most of Good Gaming's value examination focuses on studying past and present price action to predict the probability of Good Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Gaming's price. Additionally, you may evaluate how the addition of Good Gaming to your portfolios can decrease your overall portfolio volatility.