Good Life China Stock Probability of Future Stock Price Finishing Over 0.0
Good Life's future price is the expected price of Good Life instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Good Life China performance during a given time horizon utilizing its historical volatility. Check out Good Life Backtesting, Good Life Valuation, Good Life Correlation, Good Life Hype Analysis, Good Life Volatility, Good Life History as well as Good Life Performance. Please specify Good Life's target price for which you would like Good Life odds to be computed.
Good Life Target Price Odds to finish over 0.0
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 above the current price in 90 days |
| 0.00 | 90 days | 0.00 | about 55.06 |
Based on a normal probability distribution, the odds of Good Life to move above the current price in 90 days from now is about 55.06 (This Good Life China probability density function shows the probability of Good Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Good Life China has a beta of -78.84. This usually indicates as returns on its benchmark rise, returns on holding Good Life China are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Good Life is expected to outperform its benchmark. In addition to that Good Life China has an alpha of 26.4297, implying that it can generate a 26.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Good Life Price Density |
| Price |
Predictive Modules for Good Life
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 Life China. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Good Life'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 Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Good Life is not an exception. The market had few large corrections towards the Good Life'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 Life China, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Good Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 26.43 | |
β | Beta against Dow Jones | -78.84 | |
σ | Overall volatility | 4.56 | |
Ir | Information ratio | 0.13 |
Good Life 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 Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Good Life China 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 Life China is way too risky over 90 days horizon | |
| Good Life China has some characteristics of a very speculative penny stock | |
| Good Life China appears to be risky and price may revert if volatility continues | |
| Good Life China has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.66, 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 Life's use of debt, we should always consider it together with its cash and equity. | |
| Good Life China reported the previous year's revenue of 5.55 M. Net Loss for the year was (2.26 K) with profit before overhead, payroll, taxes, and interest of 1.78 M. |
Good Life Technical Analysis
Good Life's 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 Life China. In general, you should focus on analyzing Good Stock price patterns and their correlations with different microeconomic environments and drivers.
Good Life Predictive Forecast Models
Good Life's time-series forecasting models is one of many Good Life's 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 Life'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 stock market movement and maximize returns from investment trading.
Things to note about Good Life China
Checking the ongoing alerts about Good Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Good Life China help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Good Life China is way too risky over 90 days horizon | |
| Good Life China has some characteristics of a very speculative penny stock | |
| Good Life China appears to be risky and price may revert if volatility continues | |
| Good Life China has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.66, 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 Life's use of debt, we should always consider it together with its cash and equity. | |
| Good Life China reported the previous year's revenue of 5.55 M. Net Loss for the year was (2.26 K) with profit before overhead, payroll, taxes, and interest of 1.78 M. |
Check out Good Life Backtesting, Good Life Valuation, Good Life Correlation, Good Life Hype Analysis, Good Life Volatility, Good Life History as well as Good Life Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Consumer Staples Distribution & Retail 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 Life. 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 Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Good Life China 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 Life's value that differs from its market value or its book value, called intrinsic value, which is Good Life's 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 Life's market value can be influenced by many factors that don't directly affect Good Life's 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 Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Life's 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.