Galileo Resources (UK) Probability of Future Stock Price Finishing Over 0.8415
| GLR Stock | 0.85 0.00 0.00% |
Galileo |
Galileo Resources Target Price Odds to finish over 0.8415
The tendency of Galileo 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 0.84 in 90 days |
| 0.85 | 90 days | 0.84 | about 73.36 |
Based on a normal probability distribution, the odds of Galileo Resources to stay above 0.84 in 90 days from now is about 73.36 (This Galileo Resources Plc probability density function shows the probability of Galileo Stock to fall within a particular range of prices over 90 days) . Probability of Galileo Resources Plc price to stay between 0.84 and its current price of 0.85 at the end of the 90-day period is about 7.24 .
Assuming the 90 days trading horizon Galileo Resources has a beta of 0.0384. This usually indicates as returns on the market go up, Galileo Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Galileo Resources Plc will be expected to be much smaller as well. Additionally Galileo Resources Plc has an alpha of 0.0525, implying that it can generate a 0.0525 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Galileo Resources Price Density |
| Price |
Predictive Modules for Galileo Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galileo Resources Plc. 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.Galileo Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galileo Resources is not an exception. The market had few large corrections towards the Galileo Resources' 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 Galileo Resources Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galileo Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.06 |
Galileo Resources 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 Galileo Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galileo Resources Plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Galileo Resources has some characteristics of a very speculative penny stock | |
| Galileo Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (966.12 K) with profit before overhead, payroll, taxes, and interest of 300.68 K. | |
| Galileo Resources generates negative cash flow from operations | |
| About 74.0% of the company shares are held by company insiders |
Galileo Resources 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 Galileo Stock often depends not only on the future outlook of the current and potential Galileo Resources' 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. Galileo Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Cash And Short Term Investments | 52.2 K |
Galileo Resources Technical Analysis
Galileo Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Galileo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galileo Resources Plc. In general, you should focus on analyzing Galileo Stock price patterns and their correlations with different microeconomic environments and drivers.
Galileo Resources Predictive Forecast Models
Galileo Resources' time-series forecasting models is one of many Galileo Resources' 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 Galileo Resources' 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 Galileo Resources Plc
Checking the ongoing alerts about Galileo Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galileo Resources Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Galileo Resources has some characteristics of a very speculative penny stock | |
| Galileo Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (966.12 K) with profit before overhead, payroll, taxes, and interest of 300.68 K. | |
| Galileo Resources generates negative cash flow from operations | |
| About 74.0% of the company shares are held by company insiders |
Other Information on Investing in Galileo Stock
Galileo Resources financial ratios help investors to determine whether Galileo Stock 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 Galileo with respect to the benefits of owning Galileo Resources security.