GMxico Transportes (Mexico) Probability of Future Stock Price Finishing Over 34.4
| GMXT Stock | MXN 31.38 0.12 0.38% |
GMxico |
GMxico Transportes Target Price Odds to finish over 34.4
The tendency of GMxico 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 over 34.40 or more in 90 days |
| 31.38 | 90 days | 34.40 | about 1.26 |
Based on a normal probability distribution, the odds of GMxico Transportes to move over 34.40 or more in 90 days from now is about 1.26 (This GMxico Transportes SAB probability density function shows the probability of GMxico Stock to fall within a particular range of prices over 90 days) . Probability of GMxico Transportes SAB price to stay between its current price of 31.38 and 34.40 at the end of the 90-day period is about 58.85 .
Assuming the 90 days trading horizon GMxico Transportes has a beta of 0.4. This usually indicates as returns on the market go up, GMxico Transportes average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GMxico Transportes SAB will be expected to be much smaller as well. Additionally GMxico Transportes SAB 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. GMxico Transportes Price Density |
| Price |
Predictive Modules for GMxico Transportes
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GMxico Transportes SAB. 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.GMxico Transportes Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GMxico Transportes is not an exception. The market had few large corrections towards the GMxico Transportes' 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 GMxico Transportes SAB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GMxico Transportes within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 1.21 | |
Ir | Information ratio | -0.07 |
GMxico Transportes 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 GMxico Stock often depends not only on the future outlook of the current and potential GMxico Transportes' 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. GMxico Transportes' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.4 B |
GMxico Transportes Technical Analysis
GMxico Transportes' future price can be derived by breaking down and analyzing its technical indicators over time. GMxico Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GMxico Transportes SAB. In general, you should focus on analyzing GMxico Stock price patterns and their correlations with different microeconomic environments and drivers.
GMxico Transportes Predictive Forecast Models
GMxico Transportes' time-series forecasting models is one of many GMxico Transportes' 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 GMxico Transportes' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GMxico Transportes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GMxico Transportes' short interest history, or implied volatility extrapolated from GMxico Transportes options trading.
Additional Tools for GMxico Stock Analysis
When running GMxico Transportes' price analysis, check to measure GMxico Transportes' 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 GMxico Transportes is operating at the current time. Most of GMxico Transportes' value examination focuses on studying past and present price action to predict the probability of GMxico Transportes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMxico Transportes' price. Additionally, you may evaluate how the addition of GMxico Transportes to your portfolios can decrease your overall portfolio volatility.