Sigma Lithium Resources Stock Probability of Future Stock Price Finishing Over 17.82
| SGML Stock | USD 14.25 0.30 2.15% |
Sigma |
Sigma Lithium Target Price Odds to finish over 17.82
The tendency of Sigma 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 move over $ 17.82 or more in 90 days |
| 14.25 | 90 days | 17.82 | near 1 |
Based on a normal probability distribution, the odds of Sigma Lithium to move over $ 17.82 or more in 90 days from now is near 1 (This Sigma Lithium Resources probability density function shows the probability of Sigma Stock to fall within a particular range of prices over 90 days) . Probability of Sigma Lithium Resources price to stay between its current price of $ 14.25 and $ 17.82 at the end of the 90-day period is about 14.22 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.51 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sigma Lithium will likely underperform. Additionally Sigma Lithium Resources has an alpha of 0.292, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sigma Lithium Price Density |
| Price |
Predictive Modules for Sigma Lithium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sigma Lithium Resources. 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.Sigma Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sigma Lithium is not an exception. The market had few large corrections towards the Sigma Lithium'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 Sigma Lithium Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sigma Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 1.51 | |
σ | Overall volatility | 1.61 | |
Ir | Information ratio | 0.08 |
Sigma Lithium 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 Sigma Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sigma Lithium Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sigma Lithium appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 181.23 M. Net Loss for the year was (38.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sigma Lithium Resources currently holds about 85.19 M in cash with (30.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.82. | |
| Sigma Lithium has a very weak financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Sigma Lithium Third Quarter 2024 Earnings Misses Expectations |
Sigma Lithium 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 Sigma Stock often depends not only on the future outlook of the current and potential Sigma Lithium'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. Sigma Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 108 M | |
| Cash And Short Term Investments | 64.4 M |
Sigma Lithium Technical Analysis
Sigma Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. Sigma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sigma Lithium Resources. In general, you should focus on analyzing Sigma Stock price patterns and their correlations with different microeconomic environments and drivers.
Sigma Lithium Predictive Forecast Models
Sigma Lithium's time-series forecasting models is one of many Sigma Lithium'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 Sigma Lithium'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 Sigma Lithium Resources
Checking the ongoing alerts about Sigma Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sigma Lithium Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sigma Lithium appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 181.23 M. Net Loss for the year was (38.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sigma Lithium Resources currently holds about 85.19 M in cash with (30.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.82. | |
| Sigma Lithium has a very weak financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Sigma Lithium Third Quarter 2024 Earnings Misses Expectations |
Check out Sigma Lithium Backtesting, Sigma Lithium Valuation, Sigma Lithium Correlation, Sigma Lithium Hype Analysis, Sigma Lithium Volatility, Sigma Lithium History as well as Sigma Lithium Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Metals & Mining 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 Sigma Lithium. If investors know Sigma 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 Sigma Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.45) | Revenue Per Share 2.635 | Return On Assets 0.086 | Return On Equity 0.0686 |
The market value of Sigma Lithium Resources is measured differently than its book value, which is the value of Sigma that is recorded on the company's balance sheet. Investors also form their own opinion of Sigma Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sigma Lithium'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 Sigma Lithium's market value can be influenced by many factors that don't directly affect Sigma Lithium'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 Sigma Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sigma Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sigma Lithium'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.