Salem Media Group Probability of Future OTC Stock Price Finishing Under 0.83
| SALMDelisted Stock | USD 0.98 0.02 2.08% |
Salem |
Salem Media Target Price Odds to finish below 0.83
The tendency of Salem OTC 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 drop to $ 0.83 or more in 90 days |
| 0.98 | 90 days | 0.83 | near 1 |
Based on a normal probability distribution, the odds of Salem Media to drop to $ 0.83 or more in 90 days from now is near 1 (This Salem Media Group probability density function shows the probability of Salem OTC Stock to fall within a particular range of prices over 90 days) . Probability of Salem Media Group price to stay between $ 0.83 and its current price of $0.98 at the end of the 90-day period is about 59.61 .
Given the investment horizon of 90 days Salem Media has a beta of 0.0806. This usually implies as returns on the market go up, Salem Media average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Salem Media Group will be expected to be much smaller as well. Additionally Salem Media Group 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. Salem Media Price Density |
| Price |
Predictive Modules for Salem Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Salem Media Group. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Salem Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Salem Media is not an exception. The market had few large corrections towards the Salem Media'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 Salem Media Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Salem Media within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.08 |
Salem Media 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 Salem Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Salem Media Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Salem Media Group is not yet fully synchronised with the market data | |
| Salem Media Group has some characteristics of a very speculative penny stock | |
| Salem Media Group has a very high chance of going through financial distress in the upcoming years | |
| Salem Media Group currently holds 210.12 M in liabilities with Debt to Equity (D/E) ratio of 1.09, which is about average as compared to similar companies. Salem Media Group has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Salem Media until it has trouble settling it off, either with new capital or with free cash flow. So, Salem Media's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Salem Media Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Salem to invest in growth at high rates of return. When we think about Salem Media's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 261.57 M. Net Loss for the year was (45.75 M) with profit before overhead, payroll, taxes, and interest of 47.08 M. | |
| Salem Media Group currently holds about 2.54 M in cash with (3.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 41.0% of Salem Media outstanding shares are owned by corporate insiders |
Salem Media 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 Salem OTC Stock often depends not only on the future outlook of the current and potential Salem Media'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. Salem Media's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.2 M | |
| Cash And Short Term Investments | -42.4 M |
Salem Media Technical Analysis
Salem Media's future price can be derived by breaking down and analyzing its technical indicators over time. Salem OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Salem Media Group. In general, you should focus on analyzing Salem OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Salem Media Predictive Forecast Models
Salem Media's time-series forecasting models is one of many Salem Media's otc 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 Salem Media'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 otc stock market movement and maximize returns from investment trading.
Things to note about Salem Media Group
Checking the ongoing alerts about Salem Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Salem Media Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Salem Media Group is not yet fully synchronised with the market data | |
| Salem Media Group has some characteristics of a very speculative penny stock | |
| Salem Media Group has a very high chance of going through financial distress in the upcoming years | |
| Salem Media Group currently holds 210.12 M in liabilities with Debt to Equity (D/E) ratio of 1.09, which is about average as compared to similar companies. Salem Media Group has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Salem Media until it has trouble settling it off, either with new capital or with free cash flow. So, Salem Media's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Salem Media Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Salem to invest in growth at high rates of return. When we think about Salem Media's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 261.57 M. Net Loss for the year was (45.75 M) with profit before overhead, payroll, taxes, and interest of 47.08 M. | |
| Salem Media Group currently holds about 2.54 M in cash with (3.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 41.0% of Salem Media outstanding shares are owned by corporate insiders |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Salem OTC Stock
If you are still planning to invest in Salem Media Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Salem Media's history and understand the potential risks before investing.
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