Saipem Spa Stock Probability of Future Pink Sheet Price Finishing Over 2.38
| SAPMF Stock | USD 2.56 0.11 4.49% |
Saipem |
Saipem SpA Target Price Odds to finish over 2.38
The tendency of Saipem Pink Sheet 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 $ 2.38 in 90 days |
| 2.56 | 90 days | 2.38 | about 19.57 |
Based on a normal probability distribution, the odds of Saipem SpA to stay above $ 2.38 in 90 days from now is about 19.57 (This Saipem SpA probability density function shows the probability of Saipem Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Saipem SpA price to stay between $ 2.38 and its current price of $2.56 at the end of the 90-day period is about 17.96 .
Assuming the 90 days horizon Saipem SpA has a beta of -0.32. This usually implies as returns on the benchmark increase, returns on holding Saipem SpA are expected to decrease at a much lower rate. During a bear market, however, Saipem SpA is likely to outperform the market. Additionally Saipem SpA has an alpha of 0.2201, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Saipem SpA Price Density |
| Price |
Predictive Modules for Saipem SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saipem SpA. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Saipem SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saipem SpA is not an exception. The market had few large corrections towards the Saipem SpA'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 Saipem SpA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saipem SpA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.02 |
Saipem SpA 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 Saipem SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saipem SpA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Saipem SpA has accumulated 2.43 B in total debt with debt to equity ratio (D/E) of 6.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Saipem SpA has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Saipem SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Saipem SpA'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 Saipem SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Saipem to invest in growth at high rates of return. When we think about Saipem SpA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.88 B. Net Loss for the year was (2.47 B) with profit before overhead, payroll, taxes, and interest of 36 M. | |
| About 44.0% of Saipem SpA outstanding shares are owned by corporate insiders |
Saipem SpA 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 Saipem Pink Sheet often depends not only on the future outlook of the current and potential Saipem SpA'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. Saipem SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.4 M |
Saipem SpA Technical Analysis
Saipem SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Saipem Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saipem SpA. In general, you should focus on analyzing Saipem Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Saipem SpA Predictive Forecast Models
Saipem SpA's time-series forecasting models is one of many Saipem SpA's pink sheet 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 Saipem SpA'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Saipem SpA
Checking the ongoing alerts about Saipem SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saipem SpA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Saipem SpA has accumulated 2.43 B in total debt with debt to equity ratio (D/E) of 6.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Saipem SpA has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Saipem SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Saipem SpA'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 Saipem SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Saipem to invest in growth at high rates of return. When we think about Saipem SpA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.88 B. Net Loss for the year was (2.47 B) with profit before overhead, payroll, taxes, and interest of 36 M. | |
| About 44.0% of Saipem SpA outstanding shares are owned by corporate insiders |
Other Information on Investing in Saipem Pink Sheet
Saipem SpA financial ratios help investors to determine whether Saipem Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Saipem with respect to the benefits of owning Saipem SpA security.