SG Micro (China) Odds of Future Stock Price Finishing Over 81.72
| 300661 Stock | 84.41 5.59 6.21% |
300661 |
SG Micro Target Price Odds to finish over 81.72
The tendency of 300661 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 stay above 81.72 in 90 days |
| 84.41 | 90 days | 81.72 | about 80.85 |
Based on a normal probability distribution, the odds of SG Micro to stay above 81.72 in 90 days from now is about 80.85 (This SG Micro Corp probability density function shows the probability of 300661 Stock to fall within a particular range of prices over 90 days) . Probability of SG Micro Corp price to stay between 81.72 and its current price of 84.41 at the end of the 90-day period is about 13.92 .
Assuming the 90 days trading horizon SG Micro has a beta of 0.0488. This suggests as returns on the market go up, SG Micro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SG Micro Corp will be expected to be much smaller as well. Additionally SG Micro 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. SG Micro Price Density |
| Price |
Predictive Modules for SG Micro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SG Micro 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.SG Micro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SG Micro is not an exception. The market had few large corrections towards the SG Micro'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 SG Micro Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SG Micro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 6.19 | |
Ir | Information ratio | -0.06 |
SG Micro 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 SG Micro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SG Micro 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.| SG Micro Corp generated a negative expected return over the last 90 days | |
| SG Micro Corp has high historical volatility and very poor performance | |
| SG Micro Corp is unlikely to experience financial distress in the next 2 years | |
| About 38.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: SG Americas Securities LLC Acquires Shares of 207,683 AGNC Investment Corp. - MarketBeat |
SG Micro 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 300661 Stock often depends not only on the future outlook of the current and potential SG Micro'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. SG Micro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 469.6 M |
SG Micro Technical Analysis
SG Micro's future price can be derived by breaking down and analyzing its technical indicators over time. 300661 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SG Micro Corp. In general, you should focus on analyzing 300661 Stock price patterns and their correlations with different microeconomic environments and drivers.
SG Micro Predictive Forecast Models
SG Micro's time-series forecasting models is one of many SG Micro'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 SG Micro'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 SG Micro Corp
Checking the ongoing alerts about SG Micro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SG Micro Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SG Micro Corp generated a negative expected return over the last 90 days | |
| SG Micro Corp has high historical volatility and very poor performance | |
| SG Micro Corp is unlikely to experience financial distress in the next 2 years | |
| About 38.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: SG Americas Securities LLC Acquires Shares of 207,683 AGNC Investment Corp. - MarketBeat |
Other Information on Investing in 300661 Stock
SG Micro financial ratios help investors to determine whether 300661 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 300661 with respect to the benefits of owning SG Micro security.