Silicon Gaming Stock Probability of Future Pink Sheet Price Finishing Over 0.06
| SGIC Stock | USD 0.06 0.00 0.00% |
Silicon |
Silicon Gaming Target Price Odds to finish over 0.06
The tendency of Silicon 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 move above the current price in 90 days |
| 0.06 | 90 days | 0.06 | about 8.66 |
Based on a normal probability distribution, the odds of Silicon Gaming to move above the current price in 90 days from now is about 8.66 (This Silicon Gaming probability density function shows the probability of Silicon Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Silicon Gaming has a beta of -0.7. This usually implies as returns on the benchmark increase, returns on holding Silicon Gaming are expected to decrease at a much lower rate. During a bear market, however, Silicon Gaming is likely to outperform the market. Additionally Silicon Gaming has an alpha of 0.8835, implying that it can generate a 0.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Silicon Gaming Price Density |
| Price |
Predictive Modules for Silicon Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Silicon Gaming. 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.Silicon Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Silicon Gaming is not an exception. The market had few large corrections towards the Silicon Gaming'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 Silicon Gaming, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Silicon Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.88 | |
β | Beta against Dow Jones | -0.7 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.10 |
Silicon Gaming 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 Silicon Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Silicon Gaming can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Silicon Gaming is way too risky over 90 days horizon | |
| Silicon Gaming has some characteristics of a very speculative penny stock | |
| Silicon Gaming appears to be risky and price may revert if volatility continues | |
| Silicon Gaming has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.6 M. Net Loss for the year was (16.34 M) with profit before overhead, payroll, taxes, and interest of 413 K. | |
| Silicon Gaming currently holds about 948 K in cash with (3.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Silicon Gaming 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 Silicon Pink Sheet often depends not only on the future outlook of the current and potential Silicon Gaming'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. Silicon Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 10.73M | |
| Average Daily Volume In Three Month | 74 |
Silicon Gaming Technical Analysis
Silicon Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Silicon Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Silicon Gaming. In general, you should focus on analyzing Silicon Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Silicon Gaming Predictive Forecast Models
Silicon Gaming's time-series forecasting models is one of many Silicon Gaming'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 Silicon Gaming'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 Silicon Gaming
Checking the ongoing alerts about Silicon Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Silicon Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Silicon Gaming is way too risky over 90 days horizon | |
| Silicon Gaming has some characteristics of a very speculative penny stock | |
| Silicon Gaming appears to be risky and price may revert if volatility continues | |
| Silicon Gaming has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.6 M. Net Loss for the year was (16.34 M) with profit before overhead, payroll, taxes, and interest of 413 K. | |
| Silicon Gaming currently holds about 948 K in cash with (3.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Silicon Pink Sheet
Silicon Gaming financial ratios help investors to determine whether Silicon 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 Silicon with respect to the benefits of owning Silicon Gaming security.