Saga Plc (UK) Odds of Future Stock Price Finishing Over 120.34
| SAGA Stock | 113.80 3.00 2.71% |
Saga |
Saga Plc Target Price Odds to finish over 120.34
The tendency of Saga 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 120.34 or more in 90 days |
| 113.80 | 90 days | 120.34 | about 22.85 |
Based on a normal probability distribution, the odds of Saga Plc to move over 120.34 or more in 90 days from now is about 22.85 (This Saga plc probability density function shows the probability of Saga Stock to fall within a particular range of prices over 90 days) . Probability of Saga plc price to stay between its current price of 113.80 and 120.34 at the end of the 90-day period is about 25.56 .
Assuming the 90 days trading horizon Saga plc has a beta of -0.67. This usually implies as returns on the benchmark increase, returns on holding Saga Plc are expected to decrease at a much lower rate. During a bear market, however, Saga plc is likely to outperform the market. Additionally Saga plc has an alpha of 0.2509, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Saga Plc Price Density |
| Price |
Predictive Modules for Saga Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saga 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.Saga Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saga Plc is not an exception. The market had few large corrections towards the Saga Plc'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 Saga plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saga Plc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.67 | |
σ | Overall volatility | 9.29 | |
Ir | Information ratio | 0.01 |
Saga Plc 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 Saga Plc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saga 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.| Saga plc had very high historical volatility over the last 90 days | |
| The company reported the revenue of 741.1 M. Net Loss for the year was (129 M) with profit before overhead, payroll, taxes, and interest of 275.9 M. | |
| About 38.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Investors in Saga have unfortunately lost 85 percent over the last five years - Yahoo Finance |
Saga Plc 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 Saga Stock often depends not only on the future outlook of the current and potential Saga Plc'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. Saga Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 139.8 M | |
| Cash And Short Term Investments | 262.8 M |
Saga Plc Technical Analysis
Saga Plc's future price can be derived by breaking down and analyzing its technical indicators over time. Saga Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saga plc. In general, you should focus on analyzing Saga Stock price patterns and their correlations with different microeconomic environments and drivers.
Saga Plc Predictive Forecast Models
Saga Plc's time-series forecasting models is one of many Saga Plc'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 Saga Plc'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 Saga plc
Checking the ongoing alerts about Saga Plc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saga plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Saga plc had very high historical volatility over the last 90 days | |
| The company reported the revenue of 741.1 M. Net Loss for the year was (129 M) with profit before overhead, payroll, taxes, and interest of 275.9 M. | |
| About 38.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Investors in Saga have unfortunately lost 85 percent over the last five years - Yahoo Finance |
Additional Tools for Saga Stock Analysis
When running Saga Plc's price analysis, check to measure Saga Plc'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 Saga Plc is operating at the current time. Most of Saga Plc's value examination focuses on studying past and present price action to predict the probability of Saga Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saga Plc's price. Additionally, you may evaluate how the addition of Saga Plc to your portfolios can decrease your overall portfolio volatility.