Grifols Sa Adr Stock Probability of Future Stock Price Finishing Over 6.84
| GRFS Stock | USD 6.43 0.05 0.77% |
Closest to current price Grifols long CALL Option Payoff at Expiration
Grifols |
Grifols SA Target Price Odds to finish over 6.84
The tendency of Grifols 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 $ 6.84 or more in 90 days |
| 6.43 | 90 days | 6.84 | about 65.11 |
Based on a normal probability distribution, the odds of Grifols SA to move over $ 6.84 or more in 90 days from now is about 65.11 (This Grifols SA ADR probability density function shows the probability of Grifols Stock to fall within a particular range of prices over 90 days) . Probability of Grifols SA ADR price to stay between its current price of $ 6.43 and $ 6.84 at the end of the 90-day period is about 13.3 .
Given the investment horizon of 90 days Grifols SA ADR has a beta of -0.79. This usually indicates as returns on the benchmark increase, returns on holding Grifols SA are expected to decrease at a much lower rate. During a bear market, however, Grifols SA ADR is likely to outperform the market. Additionally Grifols SA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Grifols SA Price Density |
| Price |
Predictive Modules for Grifols SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grifols SA ADR. 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 Grifols SA'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.
Grifols SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grifols SA is not an exception. The market had few large corrections towards the Grifols SA'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 Grifols SA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grifols SA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | -0.79 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | -0.03 |
Grifols SA 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 Grifols SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grifols SA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grifols SA ADR generated a negative expected return over the last 90 days | |
| Grifols SA ADR has high historical volatility and very poor performance | |
| Grifols SA ADR has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Why Shares of Grifols Were Up Tuesday - The Globe and Mail |
Grifols SA 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 Grifols Stock often depends not only on the future outlook of the current and potential Grifols SA'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. Grifols SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 679.1 M | |
| Cash And Short Term Investments | 529.6 M |
Grifols SA Technical Analysis
Grifols SA's future price can be derived by breaking down and analyzing its technical indicators over time. Grifols Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grifols SA ADR. In general, you should focus on analyzing Grifols Stock price patterns and their correlations with different microeconomic environments and drivers.
Grifols SA Predictive Forecast Models
Grifols SA's time-series forecasting models is one of many Grifols SA'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 Grifols SA'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 Grifols SA ADR
Checking the ongoing alerts about Grifols SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grifols SA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grifols SA ADR generated a negative expected return over the last 90 days | |
| Grifols SA ADR has high historical volatility and very poor performance | |
| Grifols SA ADR has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Why Shares of Grifols Were Up Tuesday - The Globe and Mail |
Check out Grifols SA Backtesting, Grifols SA Valuation, Grifols SA Correlation, Grifols SA Hype Analysis, Grifols SA Volatility, Grifols SA History as well as Grifols SA Performance. Note that the Grifols SA ADR information on this page should be used as a complementary analysis to other Grifols SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Grifols Stock analysis
When running Grifols SA's price analysis, check to measure Grifols SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grifols SA is operating at the current time. Most of Grifols SA's value examination focuses on studying past and present price action to predict the probability of Grifols SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grifols SA's price. Additionally, you may evaluate how the addition of Grifols SA to your portfolios can decrease your overall portfolio volatility.
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Is Grifols SA's industry 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 Grifols SA. If investors know Grifols 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 Grifols SA 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 1.787 | Earnings Share 0.1 | Revenue Per Share 4.849 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0214 |
The market value of Grifols SA ADR is measured differently than its book value, which is the value of Grifols that is recorded on the company's balance sheet. Investors also form their own opinion of Grifols SA's value that differs from its market value or its book value, called intrinsic value, which is Grifols SA'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 Grifols SA's market value can be influenced by many factors that don't directly affect Grifols SA'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 Grifols SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grifols SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grifols SA'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.