SD Standard (Norway) Probability of Future Stock Price Finishing Over 1.4
| SDSD Stock | NOK 1.72 0.02 1.18% |
SDSD |
SD Standard Target Price Odds to finish over 1.4
The tendency of SDSD 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 above 1.40 in 90 days |
| 1.72 | 90 days | 1.40 | close to 99 |
Based on a normal probability distribution, the odds of SD Standard to stay above 1.40 in 90 days from now is close to 99 (This SD Standard Drilling probability density function shows the probability of SDSD Stock to fall within a particular range of prices over 90 days) . Probability of SD Standard Drilling price to stay between 1.40 and its current price of 1.72 at the end of the 90-day period is about 91.25 .
Assuming the 90 days trading horizon SD Standard Drilling has a beta of -0.0995. This usually implies as returns on the benchmark increase, returns on holding SD Standard are expected to decrease at a much lower rate. During a bear market, however, SD Standard Drilling is likely to outperform the market. Additionally SD Standard Drilling has an alpha of 0.0692, implying that it can generate a 0.0692 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SD Standard Price Density |
| Price |
Predictive Modules for SD Standard
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SD Standard Drilling. 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.SD Standard Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SD Standard is not an exception. The market had few large corrections towards the SD Standard'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 SD Standard Drilling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SD Standard within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.06 |
SD Standard 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 SD Standard for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SD Standard Drilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SD Standard Drilling may become a speculative penny stock | |
| SD Standard Drilling has accumulated about 16.11 M in cash with (1.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 61.0% of the company outstanding shares are owned by corporate insiders |
SD Standard 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 SDSD Stock often depends not only on the future outlook of the current and potential SD Standard'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. SD Standard's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 56.8 M |
SD Standard Technical Analysis
SD Standard's future price can be derived by breaking down and analyzing its technical indicators over time. SDSD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SD Standard Drilling. In general, you should focus on analyzing SDSD Stock price patterns and their correlations with different microeconomic environments and drivers.
SD Standard Predictive Forecast Models
SD Standard's time-series forecasting models is one of many SD Standard'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 SD Standard'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 SD Standard Drilling
Checking the ongoing alerts about SD Standard for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SD Standard Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SD Standard Drilling may become a speculative penny stock | |
| SD Standard Drilling has accumulated about 16.11 M in cash with (1.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 61.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SDSD Stock
SD Standard financial ratios help investors to determine whether SDSD 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 SDSD with respect to the benefits of owning SD Standard security.