Scotts Miracle-Gro (Germany) Probability of Future Stock Price Finishing Under 53.02
| SCQA Stock | EUR 77.28 3.30 4.46% |
Scotts |
Scotts Miracle-Gro Target Price Odds to finish below 53.02
The tendency of Scotts 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 drop to € 53.02 or more in 90 days |
| 77.28 | 90 days | 53.02 | near 1 |
Based on a normal probability distribution, the odds of Scotts Miracle-Gro to drop to € 53.02 or more in 90 days from now is near 1 (This The Scotts Miracle Gro probability density function shows the probability of Scotts Stock to fall within a particular range of prices over 90 days) . Probability of Scotts Miracle-Gro price to stay between € 53.02 and its current price of €77.28 at the end of the 90-day period is about 79.56 .
Assuming the 90 days trading horizon The Scotts Miracle Gro has a beta of -0.53. This usually implies as returns on the benchmark increase, returns on holding Scotts Miracle-Gro are expected to decrease at a much lower rate. During a bear market, however, The Scotts Miracle Gro is likely to outperform the market. Additionally The Scotts Miracle Gro has an alpha of 0.3854, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Scotts Miracle-Gro Price Density |
| Price |
Predictive Modules for Scotts Miracle-Gro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scotts Miracle-Gro. 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.Scotts Miracle-Gro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scotts Miracle-Gro is not an exception. The market had few large corrections towards the Scotts Miracle-Gro'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 The Scotts Miracle Gro, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scotts Miracle-Gro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 7.33 | |
Ir | Information ratio | 0.08 |
Scotts Miracle-Gro 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 Scotts Miracle-Gro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scotts Miracle-Gro can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scotts Miracle-Gro has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.92 B. Net Loss for the year was (437.5 M) with profit before overhead, payroll, taxes, and interest of 1.03 B. | |
| The Scotts Miracle Gro has accumulated about 36.4 M in cash with (129 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66. | |
| Roughly 73.0% of the company shares are owned by institutional investors |
Scotts Miracle-Gro 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 Scotts Stock often depends not only on the future outlook of the current and potential Scotts Miracle-Gro'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. Scotts Miracle-Gro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55.4 M |
Scotts Miracle-Gro Technical Analysis
Scotts Miracle-Gro's future price can be derived by breaking down and analyzing its technical indicators over time. Scotts Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Scotts Miracle Gro. In general, you should focus on analyzing Scotts Stock price patterns and their correlations with different microeconomic environments and drivers.
Scotts Miracle-Gro Predictive Forecast Models
Scotts Miracle-Gro's time-series forecasting models is one of many Scotts Miracle-Gro'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 Scotts Miracle-Gro'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 Scotts Miracle-Gro
Checking the ongoing alerts about Scotts Miracle-Gro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scotts Miracle-Gro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scotts Miracle-Gro has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.92 B. Net Loss for the year was (437.5 M) with profit before overhead, payroll, taxes, and interest of 1.03 B. | |
| The Scotts Miracle Gro has accumulated about 36.4 M in cash with (129 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66. | |
| Roughly 73.0% of the company shares are owned by institutional investors |
Other Information on Investing in Scotts Stock
Scotts Miracle-Gro financial ratios help investors to determine whether Scotts Stock 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 Scotts with respect to the benefits of owning Scotts Miracle-Gro security.