Scottish American (UK) Probability of Future Stock Price Finishing Over 492.76
| SAIN Stock | 515.00 8.00 1.58% |
Scottish |
Scottish American Target Price Odds to finish over 492.76
The tendency of Scottish 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 492.76 in 90 days |
| 515.00 | 90 days | 492.76 | about 99.0 |
Based on a normal probability distribution, the odds of Scottish American to stay above 492.76 in 90 days from now is about 99.0 (This Scottish American Investment probability density function shows the probability of Scottish Stock to fall within a particular range of prices over 90 days) . Probability of Scottish American price to stay between 492.76 and its current price of 515.0 at the end of the 90-day period is over 95.91 .
Assuming the 90 days trading horizon Scottish American has a beta of 0.28. This usually implies as returns on the market go up, Scottish American average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scottish American Investment will be expected to be much smaller as well. Additionally Scottish American Investment 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. Scottish American Price Density |
| Price |
Predictive Modules for Scottish American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scottish American. 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.Scottish American Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scottish American is not an exception. The market had few large corrections towards the Scottish American'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 Scottish American Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scottish American within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 5.31 | |
Ir | Information ratio | -0.14 |
Scottish American 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 Scottish American for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scottish American can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scottish American is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Heres Why Cognizant is a Strong Momentum Stock - Yahoo Finance |
Scottish American 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 Scottish Stock often depends not only on the future outlook of the current and potential Scottish American'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. Scottish American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 177.7 M | |
| Cash And Short Term Investments | 7.3 M |
Scottish American Technical Analysis
Scottish American's future price can be derived by breaking down and analyzing its technical indicators over time. Scottish Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scottish American Investment. In general, you should focus on analyzing Scottish Stock price patterns and their correlations with different microeconomic environments and drivers.
Scottish American Predictive Forecast Models
Scottish American's time-series forecasting models is one of many Scottish American'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 Scottish American'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 Scottish American
Checking the ongoing alerts about Scottish American for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scottish American help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scottish American is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Heres Why Cognizant is a Strong Momentum Stock - Yahoo Finance |
Additional Tools for Scottish Stock Analysis
When running Scottish American's price analysis, check to measure Scottish American'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 Scottish American is operating at the current time. Most of Scottish American's value examination focuses on studying past and present price action to predict the probability of Scottish American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scottish American's price. Additionally, you may evaluate how the addition of Scottish American to your portfolios can decrease your overall portfolio volatility.