Greengro Tech Stock Probability of Future Pink Sheet Price Finishing Over 0.0

Greengro Tech's future price is the expected price of Greengro Tech 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 Greengro Tech performance during a given time horizon utilizing its historical volatility. Check out Greengro Tech Backtesting, Greengro Tech Valuation, Greengro Tech Correlation, Greengro Tech Hype Analysis, Greengro Tech Volatility, Greengro Tech History as well as Greengro Tech Performance.
  
Please specify Greengro Tech's target price for which you would like Greengro Tech odds to be computed.

Greengro Tech Target Price Odds to finish over 0.0

The tendency of Greengro 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.00 90 days 0.00 
about 56.62
Based on a normal probability distribution, the odds of Greengro Tech to move above the current price in 90 days from now is about 56.62 (This Greengro Tech probability density function shows the probability of Greengro Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Greengro Tech has the beta coefficient that is very close to zero. This usually indicates the returns on DOW JONES INDUSTRIAL and Greengro Tech do not appear to be responsive. Additionally It does not look like Greengro Tech's alpha can have any bearing on the current valuation.
   Greengro Tech Price Density   
       Price  

Predictive Modules for Greengro Tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greengro Tech. 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.
Hype
Prediction
LowEstimatedHigh
0.000.0050.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0050.00
Details
Naive
Forecast
LowNextHigh
0.000.000005128.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.000008330.000008330.00000833
Details

Greengro Tech Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Greengro Tech is not an exception. The market had few large corrections towards the Greengro Tech'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 Greengro Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greengro Tech within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.00
β
Beta against Dow Jones0.00
σ
Overall volatility
0.000012
Ir
Information ratio 0.00

Greengro Tech 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 Greengro Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greengro Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Greengro Tech is way too risky over 90 days horizon
Greengro Tech has some characteristics of a very speculative penny stock
Greengro Tech appears to be risky and price may revert if volatility continues
Greengro Tech has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 1.54 M. Net Loss for the year was (6.87 M) with profit before overhead, payroll, taxes, and interest of 0.
Greengro Tech currently holds about 3.54 K in cash with (1.26 M) of positive cash flow from operations.

Greengro Tech Technical Analysis

Greengro Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Greengro Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greengro Tech. In general, you should focus on analyzing Greengro Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Greengro Tech Predictive Forecast Models

Greengro Tech's time-series forecasting models is one of many Greengro Tech'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 Greengro Tech'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 Greengro Tech

Checking the ongoing alerts about Greengro Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greengro Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Greengro Tech is way too risky over 90 days horizon
Greengro Tech has some characteristics of a very speculative penny stock
Greengro Tech appears to be risky and price may revert if volatility continues
Greengro Tech has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 1.54 M. Net Loss for the year was (6.87 M) with profit before overhead, payroll, taxes, and interest of 0.
Greengro Tech currently holds about 3.54 K in cash with (1.26 M) of positive cash flow from operations.

Other Information on Investing in Greengro Pink Sheet

Greengro Tech financial ratios help investors to determine whether Greengro 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 Greengro with respect to the benefits of owning Greengro Tech security.