Sidma SA (Greece) Odds of Future Stock Price Finishing Under 2.29
| SIDMA Stock | EUR 1.55 0.01 0.64% |
Sidma |
Sidma SA Target Price Odds to finish below 2.29
The tendency of Sidma 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 stay under € 2.29 after 90 days |
| 1.55 | 90 days | 2.29 | close to 99 |
Based on a normal probability distribution, the odds of Sidma SA to stay under € 2.29 after 90 days from now is close to 99 (This Sidma SA Steel probability density function shows the probability of Sidma Stock to fall within a particular range of prices over 90 days) . Probability of Sidma SA Steel price to stay between its current price of € 1.55 and € 2.29 at the end of the 90-day period is about 83.23 .
Assuming the 90 days trading horizon Sidma SA Steel has a beta of -0.29. This usually implies as returns on the benchmark increase, returns on holding Sidma SA are expected to decrease at a much lower rate. During a bear market, however, Sidma SA Steel is likely to outperform the market. Additionally Sidma SA Steel 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. Sidma SA Price Density |
| Price |
Predictive Modules for Sidma SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sidma SA Steel. 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.Sidma SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sidma SA is not an exception. The market had few large corrections towards the Sidma SA'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 Sidma SA Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sidma SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.14 |
Sidma SA 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 Sidma SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sidma SA Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sidma SA Steel generated a negative expected return over the last 90 days | |
| Sidma SA Steel may become a speculative penny stock | |
| Sidma SA Steel has accumulated 115.15 M in total debt. Sidma SA Steel has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sidma SA until it has trouble settling it off, either with new capital or with free cash flow. So, Sidma SA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sidma SA Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sidma to invest in growth at high rates of return. When we think about Sidma SA's use of debt, we should always consider it together with cash and equity. | |
| Sidma SA Steel has accumulated about 16.74 M in cash with (7.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders |
Sidma SA 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 Sidma Stock often depends not only on the future outlook of the current and potential Sidma SA'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. Sidma SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 6.1 M |
Sidma SA Technical Analysis
Sidma SA's future price can be derived by breaking down and analyzing its technical indicators over time. Sidma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sidma SA Steel. In general, you should focus on analyzing Sidma Stock price patterns and their correlations with different microeconomic environments and drivers.
Sidma SA Predictive Forecast Models
Sidma SA's time-series forecasting models is one of many Sidma SA'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 Sidma SA'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 Sidma SA Steel
Checking the ongoing alerts about Sidma SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sidma SA Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sidma SA Steel generated a negative expected return over the last 90 days | |
| Sidma SA Steel may become a speculative penny stock | |
| Sidma SA Steel has accumulated 115.15 M in total debt. Sidma SA Steel has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sidma SA until it has trouble settling it off, either with new capital or with free cash flow. So, Sidma SA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sidma SA Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sidma to invest in growth at high rates of return. When we think about Sidma SA's use of debt, we should always consider it together with cash and equity. | |
| Sidma SA Steel has accumulated about 16.74 M in cash with (7.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sidma Stock
Sidma SA financial ratios help investors to determine whether Sidma Stock 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 Sidma with respect to the benefits of owning Sidma SA security.