Saltire Capital Stock Probability of Future Stock Price Finishing Over 12.18
| SLT-U Stock | 11.78 0.00 0.00% |
Saltire |
Saltire Capital Target Price Odds to finish over 12.18
The tendency of Saltire 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 move over 12.18 or more in 90 days |
| 11.78 | 90 days | 12.18 | about 1.84 |
Based on a normal probability distribution, the odds of Saltire Capital to move over 12.18 or more in 90 days from now is about 1.84 (This Saltire Capital probability density function shows the probability of Saltire Stock to fall within a particular range of prices over 90 days) . Probability of Saltire Capital price to stay between its current price of 11.78 and 12.18 at the end of the 90-day period is about 34.55 .
Assuming the 90 days trading horizon Saltire Capital has a beta of 0.0442. This usually implies as returns on the market go up, Saltire Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Saltire Capital will be expected to be much smaller as well. Additionally Saltire Capital has an alpha of 0.1094, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Saltire Capital Price Density |
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Predictive Modules for Saltire Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saltire Capital. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Saltire Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Saltire Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saltire Capital is not an exception. The market had few large corrections towards the Saltire Capital'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 Saltire Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saltire Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.0019 |
Saltire Capital 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 Saltire Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saltire Capital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: SALTIRE CAPITAL LTD. ANNOUNCES CLOSING OF CREDIT FACILITY - Barchart |
Saltire Capital Technical Analysis
Saltire Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Saltire Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saltire Capital. In general, you should focus on analyzing Saltire Stock price patterns and their correlations with different microeconomic environments and drivers.
Saltire Capital Predictive Forecast Models
Saltire Capital's time-series forecasting models is one of many Saltire Capital'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 Saltire Capital'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 Saltire Capital
Checking the ongoing alerts about Saltire Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saltire Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: SALTIRE CAPITAL LTD. ANNOUNCES CLOSING OF CREDIT FACILITY - Barchart |
Additional Tools for Saltire Stock Analysis
When running Saltire Capital's price analysis, check to measure Saltire Capital'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 Saltire Capital is operating at the current time. Most of Saltire Capital's value examination focuses on studying past and present price action to predict the probability of Saltire Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saltire Capital's price. Additionally, you may evaluate how the addition of Saltire Capital to your portfolios can decrease your overall portfolio volatility.