Shun Tak Holdings Stock Odds of Future Pink Sheet Price Finishing Over 0.085
| SHTGF Stock | USD 0.09 0.00 0.00% |
Shun |
Shun Tak Target Price Odds to finish over 0.085
The tendency of Shun 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 |
| 0.09 | 90 days | 0.09 | about 79.13 |
Based on a normal probability distribution, the odds of Shun Tak to move above the current price in 90 days from now is about 79.13 (This Shun Tak Holdings probability density function shows the probability of Shun Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Shun Tak has a beta of 0.17. This usually implies as returns on the market go up, Shun Tak average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shun Tak Holdings will be expected to be much smaller as well. Additionally Shun Tak Holdings 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. Shun Tak Price Density |
| Price |
Predictive Modules for Shun Tak
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shun Tak Holdings. 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.Shun Tak Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shun Tak is not an exception. The market had few large corrections towards the Shun Tak'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 Shun Tak Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shun Tak within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.1 |
Shun Tak 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 Shun Tak for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shun Tak Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shun Tak Holdings generated a negative expected return over the last 90 days | |
| Shun Tak Holdings has some characteristics of a very speculative penny stock | |
| About 59.0% of the company outstanding shares are owned by corporate insiders |
Shun Tak 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 Shun Pink Sheet often depends not only on the future outlook of the current and potential Shun Tak'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. Shun Tak's indicators that are reflective of the short sentiment are summarized in the table below.
Shun Tak Technical Analysis
Shun Tak's future price can be derived by breaking down and analyzing its technical indicators over time. Shun Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shun Tak Holdings. In general, you should focus on analyzing Shun Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Shun Tak Predictive Forecast Models
Shun Tak's time-series forecasting models is one of many Shun Tak'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 Shun Tak'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 Shun Tak Holdings
Checking the ongoing alerts about Shun Tak for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shun Tak Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shun Tak Holdings generated a negative expected return over the last 90 days | |
| Shun Tak Holdings has some characteristics of a very speculative penny stock | |
| About 59.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Shun Pink Sheet
Shun Tak financial ratios help investors to determine whether Shun 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 Shun with respect to the benefits of owning Shun Tak security.