SLM Corp (South Africa) Odds of Future Stock Price Finishing Under 8943.97
| SLM Stock | 8,810 14.00 0.16% |
SLM |
SLM Corp Target Price Odds to finish below 8943.97
The tendency of SLM 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 8,944 after 90 days |
| 8,810 | 90 days | 8,944 | about 87.28 |
Based on a normal probability distribution, the odds of SLM Corp to stay under 8,944 after 90 days from now is about 87.28 (This Sanlam probability density function shows the probability of SLM Stock to fall within a particular range of prices over 90 days) . Probability of SLM Corp price to stay between its current price of 8,810 and 8,944 at the end of the 90-day period is about 26.84 .
Assuming the 90 days trading horizon SLM Corp has a beta of 0.0552. This usually implies as returns on the market go up, SLM Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sanlam will be expected to be much smaller as well. Additionally Sanlam has an alpha of 0.0235, implying that it can generate a 0.0235 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SLM Corp Price Density |
| Price |
Predictive Modules for SLM 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 SLM Corp. 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.SLM Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SLM Corp is not an exception. The market had few large corrections towards the SLM 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 Sanlam, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SLM Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 151.87 | |
Ir | Information ratio | -0.08 |
SLM 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 SLM Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SLM 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.| SLM Corp generates negative cash flow from operations | |
| About 19.0% of the company outstanding shares are owned by corporate insiders |
SLM 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 SLM Stock often depends not only on the future outlook of the current and potential SLM 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. SLM Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B | |
| Cash And Short Term Investments | 66.9 B |
SLM Corp Technical Analysis
SLM Corp's future price can be derived by breaking down and analyzing its technical indicators over time. SLM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sanlam. In general, you should focus on analyzing SLM Stock price patterns and their correlations with different microeconomic environments and drivers.
SLM Corp Predictive Forecast Models
SLM Corp's time-series forecasting models is one of many SLM Corp'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 SLM 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 stock market movement and maximize returns from investment trading.
Things to note about SLM Corp
Checking the ongoing alerts about SLM Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SLM Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SLM Corp generates negative cash flow from operations | |
| About 19.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SLM Stock
SLM Corp financial ratios help investors to determine whether SLM 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 SLM with respect to the benefits of owning SLM Corp security.