Service International Stock Probability of Future Stock Price Finishing Under 87.42
| SCI Stock | USD 87.24 1.11 1.29% |
Service |
Service International Target Price Odds to finish below 87.42
The tendency of Service 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 $ 87.42 after 90 days |
| 87.24 | 90 days | 87.42 | about 98.0 |
Based on a normal probability distribution, the odds of Service International to stay under $ 87.42 after 90 days from now is about 98.0 (This Service International probability density function shows the probability of Service Stock to fall within a particular range of prices over 90 days) . Probability of Service International price to stay between its current price of $ 87.24 and $ 87.42 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Service International has a beta of 0.52. This usually implies as returns on the market go up, Service International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Service International will be expected to be much smaller as well. Additionally Service International has an alpha of 0.1464, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Service International Price Density |
| Price |
Predictive Modules for Service International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Service International. 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 Service International's 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.
Service International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Service International is not an exception. The market had few large corrections towards the Service International'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 Service International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Service International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 3.83 | |
Ir | Information ratio | 0.07 |
Service International 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 Service International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Service International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Service International has 4.8 B in debt with debt to equity (D/E) ratio of 2.18, meaning that the company heavily relies on borrowing funds for operations. Service International has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Service to invest in growth at high rates of return. | |
| Over 96.0% of Service International shares are owned by institutional investors | |
| On 30th of September 2024 Service International paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from investing.com: Service Corp International director Tony Coelho sells 218,800 in stock |
Service International 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 Service Stock often depends not only on the future outlook of the current and potential Service International'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. Service International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 152.4 M | |
| Cash And Short Term Investments | 221.6 M |
Service International Technical Analysis
Service International's future price can be derived by breaking down and analyzing its technical indicators over time. Service Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Service International. In general, you should focus on analyzing Service Stock price patterns and their correlations with different microeconomic environments and drivers.
Service International Predictive Forecast Models
Service International's time-series forecasting models is one of many Service International's 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 Service International'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 stock market movement and maximize returns from investment trading.
Things to note about Service International
Checking the ongoing alerts about Service International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Service International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Service International has 4.8 B in debt with debt to equity (D/E) ratio of 2.18, meaning that the company heavily relies on borrowing funds for operations. Service International has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Service to invest in growth at high rates of return. | |
| Over 96.0% of Service International shares are owned by institutional investors | |
| On 30th of September 2024 Service International paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from investing.com: Service Corp International director Tony Coelho sells 218,800 in stock |
Check out Service International Backtesting, Service International Valuation, Service International Correlation, Service International Hype Analysis, Service International Volatility, Service International History as well as Service International Performance. For more detail on how to invest in Service Stock please use our How to Invest in Service International guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Diversified Consumer 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 Service International. If investors know Service 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 Service International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.013 | Dividend Share 1.19 | Earnings Share 3.43 | Revenue Per Share 28.44 | Quarterly Revenue Growth 0.012 |
The market value of Service International is measured differently than its book value, which is the value of Service that is recorded on the company's balance sheet. Investors also form their own opinion of Service International's value that differs from its market value or its book value, called intrinsic value, which is Service International's 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 Service International's market value can be influenced by many factors that don't directly affect Service International's 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 Service International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Service International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Service International's 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.