Sbc Communications Stock Probability of Future Stock Price Finishing Over 10.15
| SBC Stock | 7.23 0.04 0.55% |
SBC |
SBC Communications Target Price Odds to finish over 10.15
The tendency of SBC 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 10.15 or more in 90 days |
| 7.23 | 90 days | 10.15 | about 10.67 |
Based on a normal probability distribution, the odds of SBC Communications to move over 10.15 or more in 90 days from now is about 10.67 (This SBC Communications probability density function shows the probability of SBC Stock to fall within a particular range of prices over 90 days) . Probability of SBC Communications price to stay between its current price of 7.23 and 10.15 at the end of the 90-day period is about 56.81 .
Considering the 90-day investment horizon SBC Communications has a beta of -0.21. This usually implies as returns on the benchmark increase, returns on holding SBC Communications are expected to decrease at a much lower rate. During a bear market, however, SBC Communications is likely to outperform the market. Additionally SBC Communications 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. SBC Communications Price Density |
| Price |
Predictive Modules for SBC Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SBC Communications. 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.SBC Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SBC Communications is not an exception. The market had few large corrections towards the SBC Communications' 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 SBC Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SBC Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.69 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 1.72 | |
Ir | Information ratio | -0.11 |
SBC Communications 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 SBC Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SBC Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SBC Communications generated a negative expected return over the last 90 days | |
| SBC Communications has high historical volatility and very poor performance | |
| SBC Communications was previously known as PONO CAPITAL TWO and was traded on NASDAQ Exchange under the symbol PTWO. | |
| SBC Communications has a frail financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Potential Opportunities In Cosmetic Healthcare Highlighted Through SBC Medicals Story |
SBC Communications 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 SBC Stock often depends not only on the future outlook of the current and potential SBC Communications' 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. SBC Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100.7 M |
SBC Communications Technical Analysis
SBC Communications' future price can be derived by breaking down and analyzing its technical indicators over time. SBC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SBC Communications. In general, you should focus on analyzing SBC Stock price patterns and their correlations with different microeconomic environments and drivers.
SBC Communications Predictive Forecast Models
SBC Communications' time-series forecasting models is one of many SBC Communications' 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 SBC Communications' 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 SBC Communications
Checking the ongoing alerts about SBC Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SBC Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SBC Communications generated a negative expected return over the last 90 days | |
| SBC Communications has high historical volatility and very poor performance | |
| SBC Communications was previously known as PONO CAPITAL TWO and was traded on NASDAQ Exchange under the symbol PTWO. | |
| SBC Communications has a frail financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Potential Opportunities In Cosmetic Healthcare Highlighted Through SBC Medicals Story |
Check out SBC Communications Backtesting, SBC Communications Valuation, SBC Communications Correlation, SBC Communications Hype Analysis, SBC Communications Volatility, SBC Communications History as well as SBC Communications Performance. For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBC Communications. If investors know SBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBC Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SBC Communications is measured differently than its book value, which is the value of SBC that is recorded on the company's balance sheet. Investors also form their own opinion of SBC Communications' value that differs from its market value or its book value, called intrinsic value, which is SBC Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBC Communications' market value can be influenced by many factors that don't directly affect SBC Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBC Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBC Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBC Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.