Smarttech247 Group (UK) Probability of Future Stock Price Finishing Over 9.03
| S247 Stock | 11.00 0.25 2.22% |
Smarttech247 |
Smarttech247 Group Target Price Odds to finish over 9.03
The tendency of Smarttech247 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 9.03 in 90 days |
| 11.00 | 90 days | 9.03 | close to 99 |
Based on a normal probability distribution, the odds of Smarttech247 Group to stay above 9.03 in 90 days from now is close to 99 (This Smarttech247 Group PLC probability density function shows the probability of Smarttech247 Stock to fall within a particular range of prices over 90 days) . Probability of Smarttech247 Group PLC price to stay between 9.03 and its current price of 11.0 at the end of the 90-day period is about 55.0 .
Assuming the 90 days trading horizon Smarttech247 Group has a beta of 0.0076. This usually implies as returns on the market go up, Smarttech247 Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Smarttech247 Group PLC will be expected to be much smaller as well. Additionally Smarttech247 Group PLC 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. Smarttech247 Group Price Density |
| Price |
Predictive Modules for Smarttech247 Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smarttech247 Group PLC. 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.Smarttech247 Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Smarttech247 Group is not an exception. The market had few large corrections towards the Smarttech247 Group'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 Smarttech247 Group PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Smarttech247 Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0033 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.0052 |
Smarttech247 Group 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 Smarttech247 Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Smarttech247 Group PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Smarttech247 Group had very high historical volatility over the last 90 days | |
| Smarttech247 Group has high likelihood to experience some financial distress in the next 2 years | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Smarttech247 Group Technical Analysis
Smarttech247 Group's future price can be derived by breaking down and analyzing its technical indicators over time. Smarttech247 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Smarttech247 Group PLC. In general, you should focus on analyzing Smarttech247 Stock price patterns and their correlations with different microeconomic environments and drivers.
Smarttech247 Group Predictive Forecast Models
Smarttech247 Group's time-series forecasting models is one of many Smarttech247 Group'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 Smarttech247 Group'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 Smarttech247 Group PLC
Checking the ongoing alerts about Smarttech247 Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Smarttech247 Group PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Smarttech247 Group had very high historical volatility over the last 90 days | |
| Smarttech247 Group has high likelihood to experience some financial distress in the next 2 years | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Smarttech247 Stock Analysis
When running Smarttech247 Group's price analysis, check to measure Smarttech247 Group'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 Smarttech247 Group is operating at the current time. Most of Smarttech247 Group's value examination focuses on studying past and present price action to predict the probability of Smarttech247 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smarttech247 Group's price. Additionally, you may evaluate how the addition of Smarttech247 Group to your portfolios can decrease your overall portfolio volatility.