Greenvale Mining Limited Stock Probability of Future Pink Sheet Price Finishing Over 0.05
| GVLMF Stock | USD 0.02 0.00 0.00% |
Greenvale |
Greenvale Mining Target Price Odds to finish over 0.05
The tendency of Greenvale Pink Sheet 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 $ 0.05 or more in 90 days |
| 0.02 | 90 days | 0.05 | about 25.02 |
Based on a normal probability distribution, the odds of Greenvale Mining to move over $ 0.05 or more in 90 days from now is about 25.02 (This Greenvale Mining Limited probability density function shows the probability of Greenvale Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Greenvale Mining price to stay between its current price of $ 0.02 and $ 0.05 at the end of the 90-day period is about 67.67 .
Assuming the 90 days horizon Greenvale Mining has a beta of 0.48. This usually indicates as returns on the market go up, Greenvale Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greenvale Mining Limited will be expected to be much smaller as well. Additionally Greenvale Mining Limited 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. Greenvale Mining Price Density |
| Price |
Predictive Modules for Greenvale Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenvale Mining. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Greenvale Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenvale Mining is not an exception. The market had few large corrections towards the Greenvale Mining'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 Greenvale Mining Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenvale Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.11 |
Greenvale Mining 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 Greenvale Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenvale Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greenvale Mining generated a negative expected return over the last 90 days | |
| Greenvale Mining has high historical volatility and very poor performance | |
| Greenvale Mining has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 56.84 K. Net Loss for the year was (7.25 M) with profit before overhead, payroll, taxes, and interest of 103.61 K. | |
| Greenvale Mining Limited has accumulated about 4.35 M in cash with (1.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 40.0% of the company shares are held by company insiders |
Greenvale Mining 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 Greenvale Pink Sheet often depends not only on the future outlook of the current and potential Greenvale Mining'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. Greenvale Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 396.9 M |
Greenvale Mining Technical Analysis
Greenvale Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Greenvale Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greenvale Mining Limited. In general, you should focus on analyzing Greenvale Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Greenvale Mining Predictive Forecast Models
Greenvale Mining's time-series forecasting models is one of many Greenvale Mining's pink sheet 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 Greenvale Mining'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Greenvale Mining
Checking the ongoing alerts about Greenvale Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greenvale Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greenvale Mining generated a negative expected return over the last 90 days | |
| Greenvale Mining has high historical volatility and very poor performance | |
| Greenvale Mining has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 56.84 K. Net Loss for the year was (7.25 M) with profit before overhead, payroll, taxes, and interest of 103.61 K. | |
| Greenvale Mining Limited has accumulated about 4.35 M in cash with (1.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 40.0% of the company shares are held by company insiders |
Other Information on Investing in Greenvale Pink Sheet
Greenvale Mining financial ratios help investors to determine whether Greenvale Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenvale with respect to the benefits of owning Greenvale Mining security.