Sigmatron International Stock Probability of Future Stock Price Finishing Under 2.79
| SGMA Stock | USD 2.80 0.08 2.94% |
SigmaTron |
SigmaTron International Target Price Odds to finish below 2.79
The tendency of SigmaTron 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 $ 2.79 or more in 90 days |
| 2.80 | 90 days | 2.79 | about 42.62 |
Based on a normal probability distribution, the odds of SigmaTron International to drop to $ 2.79 or more in 90 days from now is about 42.62 (This SigmaTron International probability density function shows the probability of SigmaTron Stock to fall within a particular range of prices over 90 days) . Probability of SigmaTron International price to stay between $ 2.79 and its current price of $2.8 at the end of the 90-day period is about 1.79 .
Given the investment horizon of 90 days SigmaTron International has a beta of 0.27. This usually implies as returns on the market go up, SigmaTron International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SigmaTron International will be expected to be much smaller as well. Additionally SigmaTron International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. SigmaTron International Price Density |
| Price |
Predictive Modules for SigmaTron 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 SigmaTron 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.SigmaTron International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SigmaTron International is not an exception. The market had few large corrections towards the SigmaTron 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 SigmaTron International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SigmaTron International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.13 |
SigmaTron 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 SigmaTron International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SigmaTron 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.| SigmaTron International generated a negative expected return over the last 90 days | |
| SigmaTron International has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 373.88 M. Net Loss for the year was (2.49 M) with profit before overhead, payroll, taxes, and interest of 44.43 M. | |
| SigmaTron International has a strong financial position based on the latest SEC filings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: SigmaTron International appoints new CFO |
SigmaTron 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 SigmaTron Stock often depends not only on the future outlook of the current and potential SigmaTron 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. SigmaTron International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.1 M | |
| Cash And Short Term Investments | 2.4 M |
SigmaTron International Technical Analysis
SigmaTron International's future price can be derived by breaking down and analyzing its technical indicators over time. SigmaTron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SigmaTron International. In general, you should focus on analyzing SigmaTron Stock price patterns and their correlations with different microeconomic environments and drivers.
SigmaTron International Predictive Forecast Models
SigmaTron International's time-series forecasting models is one of many SigmaTron 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 SigmaTron 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 SigmaTron International
Checking the ongoing alerts about SigmaTron International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SigmaTron International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SigmaTron International generated a negative expected return over the last 90 days | |
| SigmaTron International has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 373.88 M. Net Loss for the year was (2.49 M) with profit before overhead, payroll, taxes, and interest of 44.43 M. | |
| SigmaTron International has a strong financial position based on the latest SEC filings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: SigmaTron International appoints new CFO |
Check out SigmaTron International Backtesting, SigmaTron International Valuation, SigmaTron International Correlation, SigmaTron International Hype Analysis, SigmaTron International Volatility, SigmaTron International History as well as SigmaTron International Performance. For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components 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 SigmaTron International. If investors know SigmaTron 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 SigmaTron 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 (0.97) | Earnings Share (0.99) | Revenue Per Share 59.085 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0107 |
The market value of SigmaTron International is measured differently than its book value, which is the value of SigmaTron that is recorded on the company's balance sheet. Investors also form their own opinion of SigmaTron International's value that differs from its market value or its book value, called intrinsic value, which is SigmaTron 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 SigmaTron International's market value can be influenced by many factors that don't directly affect SigmaTron 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 SigmaTron International's value and its price as these two are different measures arrived at by different means. Investors typically determine if SigmaTron International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SigmaTron 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.