Singapore Telecommunications Pk Stock Probability of Future Pink Sheet Price Finishing Under 21.83
| SGAPY Stock | USD 23.38 0.08 0.34% |
Singapore |
Singapore Telecommunicatio Target Price Odds to finish below 21.83
The tendency of Singapore 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 drop to $ 21.83 or more in 90 days |
| 23.38 | 90 days | 21.83 | near 1 |
Based on a normal probability distribution, the odds of Singapore Telecommunicatio to drop to $ 21.83 or more in 90 days from now is near 1 (This Singapore Telecommunications PK probability density function shows the probability of Singapore Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Singapore Telecommunicatio price to stay between $ 21.83 and its current price of $23.38 at the end of the 90-day period is about 19.67 .
Assuming the 90 days horizon Singapore Telecommunicatio has a beta of 0.18. This usually implies as returns on the market go up, Singapore Telecommunicatio average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Singapore Telecommunications PK will be expected to be much smaller as well. Additionally Singapore Telecommunications PK has an alpha of 0.0352, implying that it can generate a 0.0352 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Singapore Telecommunicatio Price Density |
| Price |
Predictive Modules for Singapore Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Singapore Telecommunicatio. 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.Singapore Telecommunicatio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Singapore Telecommunicatio is not an exception. The market had few large corrections towards the Singapore Telecommunicatio'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 Singapore Telecommunications PK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Singapore Telecommunicatio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | -0.05 |
Singapore Telecommunicatio 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 Singapore Pink Sheet often depends not only on the future outlook of the current and potential Singapore Telecommunicatio'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. Singapore Telecommunicatio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B | |
| Cash And Short Term Investments | 2.1 B |
Singapore Telecommunicatio Technical Analysis
Singapore Telecommunicatio's future price can be derived by breaking down and analyzing its technical indicators over time. Singapore Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Singapore Telecommunications PK. In general, you should focus on analyzing Singapore Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Singapore Telecommunicatio Predictive Forecast Models
Singapore Telecommunicatio's time-series forecasting models is one of many Singapore Telecommunicatio'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 Singapore Telecommunicatio'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Singapore Telecommunicatio in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Singapore Telecommunicatio's short interest history, or implied volatility extrapolated from Singapore Telecommunicatio options trading.
Additional Tools for Singapore Pink Sheet Analysis
When running Singapore Telecommunicatio's price analysis, check to measure Singapore Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Singapore Telecommunicatio is operating at the current time. Most of Singapore Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Singapore Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singapore Telecommunicatio's price. Additionally, you may evaluate how the addition of Singapore Telecommunicatio to your portfolios can decrease your overall portfolio volatility.