Sigma Labs Probability of Future Stock Price Finishing Under 0.57
| SASIDelisted Stock | USD 0.21 0.02 8.70% |
Sigma |
Sigma Labs Target Price Odds to finish below 0.57
The tendency of Sigma 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 under $ 0.57 after 90 days |
| 0.21 | 90 days | 0.57 | close to 99 |
Based on a normal probability distribution, the odds of Sigma Labs to stay under $ 0.57 after 90 days from now is close to 99 (This Sigma Labs probability density function shows the probability of Sigma Stock to fall within a particular range of prices over 90 days) . Probability of Sigma Labs price to stay between its current price of $ 0.21 and $ 0.57 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.2 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sigma Labs will likely underperform. Additionally Sigma Labs 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. Sigma Labs Price Density |
| Price |
Predictive Modules for Sigma Labs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sigma Labs. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sigma Labs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sigma Labs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sigma Labs is not an exception. The market had few large corrections towards the Sigma Labs' 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 Sigma Labs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sigma Labs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.86 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.1 |
Sigma Labs 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 Sigma Labs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sigma Labs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sigma Labs is now traded under the symbol NTRP. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Sigma Labs is not yet fully synchronised with the market data | |
| Sigma Labs has some characteristics of a very speculative penny stock | |
| Sigma Labs has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 522.87 K. Net Loss for the year was (5.88 M) with profit before overhead, payroll, taxes, and interest of 27.91 K. | |
| Sigma Labs currently holds about 4.8 M in cash with (4.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Sigma Labs 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 Sigma Stock often depends not only on the future outlook of the current and potential Sigma Labs' 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. Sigma Labs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 524.9 K | |
| Cash And Short Term Investments | 2.8 M |
Sigma Labs Technical Analysis
Sigma Labs' future price can be derived by breaking down and analyzing its technical indicators over time. Sigma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sigma Labs. In general, you should focus on analyzing Sigma Stock price patterns and their correlations with different microeconomic environments and drivers.
Sigma Labs Predictive Forecast Models
Sigma Labs' time-series forecasting models is one of many Sigma Labs' 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 Sigma Labs' 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 Sigma Labs
Checking the ongoing alerts about Sigma Labs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sigma Labs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sigma Labs is now traded under the symbol NTRP. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Sigma Labs is not yet fully synchronised with the market data | |
| Sigma Labs has some characteristics of a very speculative penny stock | |
| Sigma Labs has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 522.87 K. Net Loss for the year was (5.88 M) with profit before overhead, payroll, taxes, and interest of 27.91 K. | |
| Sigma Labs currently holds about 4.8 M in cash with (4.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Sigma Stock
If you are still planning to invest in Sigma Labs 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 Sigma Labs' history and understand the potential risks before investing.
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