Good Times Restaurants Stock Probability of Future Stock Price Finishing Over 8.58
| GTIM Stock | USD 2.52 0.05 2.02% |
Good |
Good Times Target Price Odds to finish over 8.58
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 move over $ 8.58 or more in 90 days |
| 2.52 | 90 days | 8.58 | close to zero percent |
Based on a normal probability distribution, the odds of Good Times to move over $ 8.58 or more in 90 days from now is close to zero percent (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 its current price of $ 2.52 and $ 8.58 at the end of the 90-day period is over 95.22 .
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 | -0.18 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.1 |
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 gurufocus.com: Q4 2024 Good Times Restaurants Inc Earnings Call Transcript |
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.
Good Times Predictive Forecast Models
Good Times' time-series forecasting models is one of many Good Times' 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 Times' 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 Good Times Restaurants
Checking the ongoing alerts about Good Times for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Good Times Restaurants help investors to be notified of important events, 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 gurufocus.com: Q4 2024 Good Times Restaurants Inc Earnings Call Transcript |
Check out Good Times Backtesting, Good Times Valuation, Good Times Correlation, Good Times Hype Analysis, Good Times Volatility, Good Times History as well as Good Times Performance. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Good Times. If investors know Good will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Good Times listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.714 | Earnings Share 0.14 | Revenue Per Share 12.523 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0104 |
The market value of Good Times Restaurants is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Times' value that differs from its market value or its book value, called intrinsic value, which is Good Times' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Good Times' market value can be influenced by many factors that don't directly affect Good Times' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Good Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Times' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.