3d Systems Stock Probability of Future Stock Price Finishing Over 3.22
| DDD Stock | USD 3.20 0.02 0.62% |
DDD |
3D Systems Target Price Odds to finish over 3.22
The tendency of DDD 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 $ 3.22 or more in 90 days |
| 3.20 | 90 days | 3.22 | about 16.42 |
Based on a normal probability distribution, the odds of 3D Systems to move over $ 3.22 or more in 90 days from now is about 16.42 (This 3D Systems probability density function shows the probability of DDD Stock to fall within a particular range of prices over 90 days) . Probability of 3D Systems price to stay between its current price of $ 3.20 and $ 3.22 at the end of the 90-day period is about 1.15 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.13 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, 3D Systems will likely underperform. Additionally 3D Systems has an alpha of 0.1648, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 3D Systems Price Density |
| Price |
Predictive Modules for 3D Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 3D Systems. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 3D Systems' 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.
3D Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 3D Systems is not an exception. The market had few large corrections towards the 3D Systems' 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 3D Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 3D Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 3.13 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | 0.07 |
3D Systems 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 3D Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 3D Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 3D Systems is way too risky over 90 days horizon | |
| 3D Systems appears to be risky and price may revert if volatility continues | |
| 3D Systems has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 488.07 M. Reported Net Loss for the year was (370.43 M) with profit before taxes, overhead, and interest of 214.23 M. | |
| 3D Systems has about 388.13 M in cash with (80.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 55.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: 3D Systems Announces Date of Third Quarter 2024 Financial Results |
3D Systems 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 DDD Stock often depends not only on the future outlook of the current and potential 3D Systems' 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. 3D Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.9 M | |
| Cash And Short Term Investments | 331.6 M |
3D Systems Technical Analysis
3D Systems' future price can be derived by breaking down and analyzing its technical indicators over time. DDD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 3D Systems. In general, you should focus on analyzing DDD Stock price patterns and their correlations with different microeconomic environments and drivers.
3D Systems Predictive Forecast Models
3D Systems' time-series forecasting models is one of many 3D Systems' 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 3D Systems' 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 3D Systems
Checking the ongoing alerts about 3D Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 3D Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 3D Systems is way too risky over 90 days horizon | |
| 3D Systems appears to be risky and price may revert if volatility continues | |
| 3D Systems has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 488.07 M. Reported Net Loss for the year was (370.43 M) with profit before taxes, overhead, and interest of 214.23 M. | |
| 3D Systems has about 388.13 M in cash with (80.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 55.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: 3D Systems Announces Date of Third Quarter 2024 Financial Results |
Check out 3D Systems Backtesting, 3D Systems Valuation, 3D Systems Correlation, 3D Systems Hype Analysis, 3D Systems Volatility, 3D Systems History as well as 3D Systems Performance. For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3D Systems. If investors know DDD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.67) | Revenue Per Share 3.476 | Quarterly Revenue Growth (0.12) | Return On Assets (0.05) | Return On Equity (0.63) |
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.