Sig Combibloc Group Stock Probability of Future Pink Sheet Price Finishing Over 19.42
| SCBGF Stock | USD 19.62 0.00 0.00% |
SIG |
SIG Combibloc Target Price Odds to finish over 19.42
The tendency of SIG 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 $ 19.42 in 90 days |
| 19.62 | 90 days | 19.42 | about 91.63 |
Based on a normal probability distribution, the odds of SIG Combibloc to stay above $ 19.42 in 90 days from now is about 91.63 (This SIG Combibloc Group probability density function shows the probability of SIG Pink Sheet to fall within a particular range of prices over 90 days) . Probability of SIG Combibloc Group price to stay between $ 19.42 and its current price of $19.62 at the end of the 90-day period is under 4.
Assuming the 90 days horizon SIG Combibloc has a beta of 0.0072. This usually implies as returns on the market go up, SIG Combibloc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SIG Combibloc Group will be expected to be much smaller as well. Additionally SIG Combibloc 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. SIG Combibloc Price Density |
| Price |
Predictive Modules for SIG Combibloc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SIG Combibloc Group. 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.SIG Combibloc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SIG Combibloc is not an exception. The market had few large corrections towards the SIG Combibloc'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 SIG Combibloc Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SIG Combibloc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.07 |
SIG Combibloc 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 SIG Combibloc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SIG Combibloc 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.| SIG Combibloc Group generated a negative expected return over the last 90 days | |
| SIG Combibloc Group has accumulated 1.54 B in total debt with debt to equity ratio (D/E) of 0.82, which is about average as compared to similar companies. SIG Combibloc Group has a current ratio of 0.81, 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 SIG Combibloc until it has trouble settling it off, either with new capital or with free cash flow. So, SIG Combibloc'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 SIG Combibloc Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SIG to invest in growth at high rates of return. When we think about SIG Combibloc's use of debt, we should always consider it together with cash and equity. | |
| About 57.0% of SIG Combibloc shares are owned by institutional investors |
SIG Combibloc 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 SIG Pink Sheet often depends not only on the future outlook of the current and potential SIG Combibloc'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. SIG Combibloc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 337.5 M |
SIG Combibloc Technical Analysis
SIG Combibloc's future price can be derived by breaking down and analyzing its technical indicators over time. SIG Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SIG Combibloc Group. In general, you should focus on analyzing SIG Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
SIG Combibloc Predictive Forecast Models
SIG Combibloc's time-series forecasting models is one of many SIG Combibloc'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 SIG Combibloc'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 SIG Combibloc Group
Checking the ongoing alerts about SIG Combibloc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SIG Combibloc Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SIG Combibloc Group generated a negative expected return over the last 90 days | |
| SIG Combibloc Group has accumulated 1.54 B in total debt with debt to equity ratio (D/E) of 0.82, which is about average as compared to similar companies. SIG Combibloc Group has a current ratio of 0.81, 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 SIG Combibloc until it has trouble settling it off, either with new capital or with free cash flow. So, SIG Combibloc'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 SIG Combibloc Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SIG to invest in growth at high rates of return. When we think about SIG Combibloc's use of debt, we should always consider it together with cash and equity. | |
| About 57.0% of SIG Combibloc shares are owned by institutional investors |
Other Information on Investing in SIG Pink Sheet
SIG Combibloc financial ratios help investors to determine whether SIG 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 SIG with respect to the benefits of owning SIG Combibloc security.