Southern Copper (UK) Probability of Future Stock Price Finishing Over 109.8
| 0L8B Stock | 100.12 0.54 0.54% |
Southern |
Southern Copper Target Price Odds to finish over 109.8
The tendency of Southern 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 109.80 or more in 90 days |
| 100.12 | 90 days | 109.80 | about 31.96 |
Based on a normal probability distribution, the odds of Southern Copper to move over 109.80 or more in 90 days from now is about 31.96 (This Southern Copper Corp probability density function shows the probability of Southern Stock to fall within a particular range of prices over 90 days) . Probability of Southern Copper Corp price to stay between its current price of 100.12 and 109.80 at the end of the 90-day period is about 48.92 .
Assuming the 90 days trading horizon Southern Copper has a beta of 0.74. This suggests as returns on the market go up, Southern Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Southern Copper Corp will be expected to be much smaller as well. Additionally Southern Copper Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Southern Copper Price Density |
| Price |
Predictive Modules for Southern Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Southern Copper Corp. 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.Southern Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Southern Copper is not an exception. The market had few large corrections towards the Southern Copper'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 Southern Copper Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Southern Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 7.21 | |
Ir | Information ratio | -0.06 |
Southern Copper 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 Southern Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Southern Copper Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Southern Copper Corp generated a negative expected return over the last 90 days | |
| About 89.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Does The Street Have Southern Copper Figured Out - AOL |
Southern Copper 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 Southern Stock often depends not only on the future outlook of the current and potential Southern Copper'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. Southern Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 785.5 M | |
| Cash And Short Term Investments | 1.8 B |
Southern Copper Technical Analysis
Southern Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Southern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Southern Copper Corp. In general, you should focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environments and drivers.
Southern Copper Predictive Forecast Models
Southern Copper's time-series forecasting models is one of many Southern Copper'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 Southern Copper'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 Southern Copper Corp
Checking the ongoing alerts about Southern Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Southern Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Southern Copper Corp generated a negative expected return over the last 90 days | |
| About 89.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Does The Street Have Southern Copper Figured Out - AOL |
Additional Tools for Southern Stock Analysis
When running Southern Copper's price analysis, check to measure Southern Copper'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 Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.