Sitc International Holdings Stock Probability of Future Pink Sheet Price Finishing Under 18.93
| SITIY Stock | USD 27.26 1.04 3.97% |
SITC |
SITC International Target Price Odds to finish below 18.93
The tendency of SITC 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 drop to $ 18.93 or more in 90 days |
| 27.26 | 90 days | 18.93 | about 1.06 |
Based on a normal probability distribution, the odds of SITC International to drop to $ 18.93 or more in 90 days from now is about 1.06 (This SITC International Holdings probability density function shows the probability of SITC Pink Sheet to fall within a particular range of prices over 90 days) . Probability of SITC International price to stay between $ 18.93 and its current price of $27.26 at the end of the 90-day period is about 82.19 .
Assuming the 90 days horizon SITC International Holdings has a beta of -1.3. This usually implies as returns on its benchmark rise, returns on holding SITC International Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, SITC International is expected to outperform its benchmark. Additionally SITC International Holdings has an alpha of 0.8626, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SITC International Price Density |
| Price |
Predictive Modules for SITC 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 SITC International. 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.SITC International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SITC International is not an exception. The market had few large corrections towards the SITC 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 SITC International Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SITC International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | -1.3 | |
σ | Overall volatility | 2.55 | |
Ir | Information ratio | 0.08 |
SITC 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 SITC International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SITC 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.| SITC International is way too risky over 90 days horizon | |
| SITC International appears to be risky and price may revert if volatility continues |
SITC 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 SITC Pink Sheet often depends not only on the future outlook of the current and potential SITC 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. SITC International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B |
SITC International Technical Analysis
SITC International's future price can be derived by breaking down and analyzing its technical indicators over time. SITC Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SITC International Holdings. In general, you should focus on analyzing SITC Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
SITC International Predictive Forecast Models
SITC International's time-series forecasting models is one of many SITC International'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 SITC 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 pink sheet market movement and maximize returns from investment trading.
Things to note about SITC International
Checking the ongoing alerts about SITC International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SITC International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SITC International is way too risky over 90 days horizon | |
| SITC International appears to be risky and price may revert if volatility continues |
Additional Tools for SITC Pink Sheet Analysis
When running SITC International's price analysis, check to measure SITC International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SITC International is operating at the current time. Most of SITC International's value examination focuses on studying past and present price action to predict the probability of SITC International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SITC International's price. Additionally, you may evaluate how the addition of SITC International to your portfolios can decrease your overall portfolio volatility.