SERITAGE GWTH (Germany) Probability of Future Stock Price Finishing Over 5.89
| 1D3 Stock | EUR 4.04 0.14 3.59% |
SERITAGE |
SERITAGE GWTH Target Price Odds to finish over 5.89
The tendency of SERITAGE 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 € 5.89 or more in 90 days |
| 4.04 | 90 days | 5.89 | close to zero percent |
Based on a normal probability distribution, the odds of SERITAGE GWTH to move over € 5.89 or more in 90 days from now is close to zero percent (This SERITAGE GWTH PRA probability density function shows the probability of SERITAGE Stock to fall within a particular range of prices over 90 days) . Probability of SERITAGE GWTH PRA price to stay between its current price of € 4.04 and € 5.89 at the end of the 90-day period is about 35.03 .
Assuming the 90 days horizon SERITAGE GWTH has a beta of 0.93. This suggests SERITAGE GWTH PRA market returns are reactive to returns on the market. As the market goes up or down, SERITAGE GWTH is expected to follow. Additionally SERITAGE GWTH PRA 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. SERITAGE GWTH Price Density |
| Price |
Predictive Modules for SERITAGE GWTH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SERITAGE GWTH PRA. 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.SERITAGE GWTH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SERITAGE GWTH is not an exception. The market had few large corrections towards the SERITAGE GWTH'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 SERITAGE GWTH PRA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SERITAGE GWTH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.04 |
SERITAGE GWTH 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 SERITAGE GWTH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SERITAGE GWTH PRA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SERITAGE GWTH PRA generated a negative expected return over the last 90 days | |
| SERITAGE GWTH PRA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 43.36 M. Net Loss for the year was (169.89 M) with profit before overhead, payroll, taxes, and interest of 27.19 M. | |
| SERITAGE GWTH PRA has accumulated about 140.06 M in cash with (85.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.21. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
SERITAGE GWTH 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 SERITAGE Stock often depends not only on the future outlook of the current and potential SERITAGE GWTH'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. SERITAGE GWTH's indicators that are reflective of the short sentiment are summarized in the table below.
SERITAGE GWTH Technical Analysis
SERITAGE GWTH's future price can be derived by breaking down and analyzing its technical indicators over time. SERITAGE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SERITAGE GWTH PRA. In general, you should focus on analyzing SERITAGE Stock price patterns and their correlations with different microeconomic environments and drivers.
SERITAGE GWTH Predictive Forecast Models
SERITAGE GWTH's time-series forecasting models is one of many SERITAGE GWTH'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 SERITAGE GWTH'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 SERITAGE GWTH PRA
Checking the ongoing alerts about SERITAGE GWTH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SERITAGE GWTH PRA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SERITAGE GWTH PRA generated a negative expected return over the last 90 days | |
| SERITAGE GWTH PRA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 43.36 M. Net Loss for the year was (169.89 M) with profit before overhead, payroll, taxes, and interest of 27.19 M. | |
| SERITAGE GWTH PRA has accumulated about 140.06 M in cash with (85.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.21. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SERITAGE Stock
SERITAGE GWTH financial ratios help investors to determine whether SERITAGE 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 SERITAGE with respect to the benefits of owning SERITAGE GWTH security.