Snoogoo Corp Stock Probability of Future Pink Sheet Price Finishing Over 1.0E-4
| SGOO Stock | USD 0.0001 0.00 0.00% |
Snoogoo |
Snoogoo Corp Target Price Odds to finish over 1.0E-4
The tendency of Snoogoo 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 |
| 0.0001 | 90 days | 0.0001 | about 62.4 |
Based on a normal probability distribution, the odds of Snoogoo Corp to move above the current price in 90 days from now is about 62.4 (This Snoogoo Corp probability density function shows the probability of Snoogoo Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Snoogoo Corp has a beta of -2.43. This usually implies as returns on its benchmark rise, returns on holding Snoogoo Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Snoogoo Corp is expected to outperform its benchmark. Additionally Snoogoo Corp 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. Snoogoo Corp Price Density |
| Price |
Predictive Modules for Snoogoo Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Snoogoo Corp. 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.Snoogoo Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Snoogoo Corp is not an exception. The market had few large corrections towards the Snoogoo Corp'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 Snoogoo Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Snoogoo Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.03 | |
β | Beta against Dow Jones | -2.43 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | -0.13 |
Snoogoo Corp 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 Snoogoo Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Snoogoo Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Snoogoo Corp generated a negative expected return over the last 90 days | |
| Snoogoo Corp has high historical volatility and very poor performance | |
| Snoogoo Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (71.74 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 19.0% of the company outstanding shares are owned by corporate insiders |
Snoogoo Corp 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 Snoogoo Pink Sheet often depends not only on the future outlook of the current and potential Snoogoo Corp'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. Snoogoo Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 201.9 K | |
| Cash And Short Term Investments | 37.00 |
Snoogoo Corp Technical Analysis
Snoogoo Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Snoogoo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Snoogoo Corp. In general, you should focus on analyzing Snoogoo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Snoogoo Corp Predictive Forecast Models
Snoogoo Corp's time-series forecasting models is one of many Snoogoo Corp'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 Snoogoo Corp'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 Snoogoo Corp
Checking the ongoing alerts about Snoogoo Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snoogoo Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Snoogoo Corp generated a negative expected return over the last 90 days | |
| Snoogoo Corp has high historical volatility and very poor performance | |
| Snoogoo Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (71.74 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 19.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Snoogoo Pink Sheet
Snoogoo Corp financial ratios help investors to determine whether Snoogoo 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 Snoogoo with respect to the benefits of owning Snoogoo Corp security.