Good Times Restaurants Stock Probability of Future Stock Price Finishing Over 2.58
| GTIM Stock | USD 2.59 0.06 2.37% |
Good |
Good Times Target Price Odds to finish over 2.58
The tendency of Good 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 above $ 2.58 in 90 days |
| 2.59 | 90 days | 2.58 | about 86.07 |
Based on a normal probability distribution, the odds of Good Times to stay above $ 2.58 in 90 days from now is about 86.07 (This Good Times Restaurants probability density function shows the probability of Good Stock to fall within a particular range of prices over 90 days) . Probability of Good Times Restaurants price to stay between $ 2.58 and its current price of $2.59 at the end of the 90-day period is about 1.93 .
Given the investment horizon of 90 days Good Times has a beta of 0.13. This usually indicates as returns on the market go up, Good Times average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Good Times Restaurants will be expected to be much smaller as well. Additionally Good Times Restaurants 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. Good Times Price Density |
| Price |
Predictive Modules for Good Times
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 Times Restaurants. 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.Good Times Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Good Times is not an exception. The market had few large corrections towards the Good Times' 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 Times Restaurants, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Good Times within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.04 |
Good Times 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 Times for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Good Times Restaurants 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 Times generated a negative expected return over the last 90 days | |
| Good Times Restaurants currently holds 43.59 M in liabilities with Debt to Equity (D/E) ratio of 1.77, which is about average as compared to similar companies. Good Times Restaurants has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Good Times' use of debt, we should always consider it together with its cash and equity. | |
| About 25.0% of Good Times shares are held by company insiders | |
| Latest headline from independent.co.uk: Liam Payne, Sven-Goran Eriksson and Maggie Smith among those mourned in 2024 |
Good Times 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 Stock often depends not only on the future outlook of the current and potential Good Times' 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 Times' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.1 M | |
| Cash And Short Term Investments | 3.9 M |
Good Times Technical Analysis
Good Times' future price can be derived by breaking down and analyzing its technical indicators over time. Good Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Good Times Restaurants. In general, you should focus on analyzing Good Stock price patterns and their correlations with different microeconomic environments and drivers.