Southern Steel (Malaysia) Probability of Future Stock Price Finishing Over 10.25
| 5665 Stock | 0.54 0.02 3.57% |
Southern |
Southern Steel Target Price Odds to finish over 10.25
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 10.25 or more in 90 days |
| 0.54 | 90 days | 10.25 | close to zero percent |
Based on a normal probability distribution, the odds of Southern Steel to move over 10.25 or more in 90 days from now is close to zero percent (This Southern Steel Bhd probability density function shows the probability of Southern Stock to fall within a particular range of prices over 90 days) . Probability of Southern Steel Bhd price to stay between its current price of 0.54 and 10.25 at the end of the 90-day period is about 22.17 .
Assuming the 90 days trading horizon Southern Steel has a beta of 0.45. This suggests as returns on the market go up, Southern Steel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Southern Steel Bhd will be expected to be much smaller as well. Additionally Southern Steel Bhd has an alpha of 0.052, implying that it can generate a 0.052 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Southern Steel Price Density |
| Price |
Predictive Modules for Southern Steel
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 Steel Bhd. 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 Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Southern Steel is not an exception. The market had few large corrections towards the Southern Steel'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 Steel Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Southern Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.0014 |
Southern Steel 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 Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Southern Steel Bhd 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 Steel Bhd has some characteristics of a very speculative penny stock | |
| Southern Steel Bhd had very high historical volatility over the last 90 days | |
| Southern Steel Bhd has high likelihood to experience some financial distress in the next 2 years | |
| Southern Steel Bhd has accumulated about 0 in cash with (17.12 M) of positive cash flow from operations. |
Southern Steel 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 Steel'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 Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 596.3 M | |
| Dividends Paid | 387 K | |
| Short Long Term Debt | 606.7 M | |
| Cash And Short Term Investments | 67.3 M |
Southern Steel Technical Analysis
Southern Steel'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 Steel Bhd. In general, you should focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environments and drivers.
Southern Steel Predictive Forecast Models
Southern Steel's time-series forecasting models is one of many Southern Steel'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 Steel'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 Steel Bhd
Checking the ongoing alerts about Southern Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Southern Steel Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Southern Steel Bhd has some characteristics of a very speculative penny stock | |
| Southern Steel Bhd had very high historical volatility over the last 90 days | |
| Southern Steel Bhd has high likelihood to experience some financial distress in the next 2 years | |
| Southern Steel Bhd has accumulated about 0 in cash with (17.12 M) of positive cash flow from operations. |
Other Information on Investing in Southern Stock
Southern Steel financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern Steel security.