GreenSky Stock Odds of Future Stock Price Finishing Under 10.23

GSKY
 Stock
  

USD 10.20  0.00  0.00%   

GreenSky's future price is the expected price of GreenSky 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 GreenSky performance during a given time horizon utilizing its historical volatility. GreenSky Price to Book Value is fairly stable at the moment as compared to the past year. GreenSky reported Price to Book Value of 42.66 in 2021. Price to Earnings Ratio is likely to rise to 24.09 in 2022, whereas Price to Sales Ratio is likely to drop 3.58 in 2022.
  
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GreenSky's implied volatility is one of the determining factors in the pricing options written on GreenSky. Implied volatility approximates the future value of GreenSky based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in GreenSky over a specific time period. For example, 2022-09-16 CALL at $10.0 is a CALL option contract on GreenSky's common stock with a strick price of 10.0 expiring on 2022-09-16. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $4.7. The implied volatility as of the 1st of July is 84.5162. View All GreenSky options

Closest to current price GreenSky long CALL Option Payoff at Expiration

Please check Risk vs Return Analysis.Please specify GreenSky time horizon, a valid symbol (red box) and a target price (blue box) you would like GreenSky odds to be computed.
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GreenSky Target Price Odds to finish below 10.23

The tendency of GreenSky 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 PriceHorizonTarget PriceOdds to stay under $ 10.23  after 90 days
 10.20 90 days 10.23  about 37.78
Based on a normal probability distribution, the odds of GreenSky to stay under $ 10.23  after 90 days from now is about 37.78 (This GreenSky probability density function shows the probability of GreenSky Stock to fall within a particular range of prices over 90 days) . Probability of GreenSky price to stay between its current price of $ 10.20  and $ 10.23  at the end of the 90-day period is about 1.51 .
Given the investment horizon of 90 days GreenSky has a beta of 0.0592. This usually indicates as returns on the market go up, GreenSky average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GreenSky will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. GreenSky is significantly underperforming DOW.
 GreenSky Price Density 
      Price 

Predictive Modules for GreenSky

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GreenSky. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of GreenSky'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. Please use the tools below to analyze the current value of GreenSky in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.2010.2010.20
Details
Intrinsic
Valuation
LowReal ValueHigh
9.439.4311.22
Details
Naive
Forecast
LowNext ValueHigh
10.1410.1410.14
Details
3 Analysts
Consensus
LowTarget PriceHigh
8.0010.0012.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GreenSky. Your research has to be compared to or analyzed against GreenSky's peers to derive any actionable benefits. When done correctly, GreenSky's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in GreenSky.

GreenSky Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. GreenSky is not an exception. The market had few large corrections towards the GreenSky'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 GreenSky, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GreenSky within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.15
β
Beta against DOW0.06
σ
Overall volatility
0.75
Ir
Information ratio 0.01213

GreenSky 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 GreenSky for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GreenSky can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
GreenSky is not currently marked as verified by its exchange. Report It!

GreenSky 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 GreenSky Stock often depends not only on the future outlook of the current and potential GreenSky'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. GreenSky's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.22%
Short Percent Of Float3.44%
Float Shares80.3M
Shares Short Prior Month4.02M
Average Daily Volume Last 10 Day3.33M
Average Daily Volume In Three Month2.02M
Date Short Interest15th of December 2021

GreenSky Technical Analysis

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

GreenSky Predictive Forecast Models

GreenSky time-series forecasting models is one of many GreenSky's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary GreenSky'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 GreenSky

Checking the ongoing alerts about GreenSky for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GreenSky help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

GreenSky Alerts

GreenSky Alerts and Suggestions

GreenSky is not currently marked as verified by its exchange. Report It!
Please check Risk vs Return Analysis. Note that the GreenSky information on this page should be used as a complementary analysis to other GreenSky'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Tools for GreenSky Stock

When running GreenSky price analysis, check to measure GreenSky'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 GreenSky is operating at the current time. Most of GreenSky's value examination focuses on studying past and present price action to predict the probability of GreenSky's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GreenSky's price. Additionally, you may evaluate how the addition of GreenSky to your portfolios can decrease your overall portfolio volatility.
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