Silex Systems (Australia) Probability of Future Stock Price Finishing Under 5.96
| SLX Stock | 6.09 0.48 8.56% |
Silex |
Silex Systems Target Price Odds to finish below 5.96
The tendency of Silex 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 drop to 5.96 or more in 90 days |
| 6.09 | 90 days | 5.96 | about 89.61 |
Based on a normal probability distribution, the odds of Silex Systems to drop to 5.96 or more in 90 days from now is about 89.61 (This Silex Systems probability density function shows the probability of Silex Stock to fall within a particular range of prices over 90 days) . Probability of Silex Systems price to stay between 5.96 and its current price of 6.09 at the end of the 90-day period is roughly 2.63 .
Assuming the 90 days trading horizon Silex Systems has a beta of 0.78. This usually implies as returns on the market go up, Silex Systems average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Silex Systems will be expected to be much smaller as well. Additionally Silex Systems has an alpha of 0.7313, implying that it can generate a 0.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Silex Systems Price Density |
| Price |
Predictive Modules for Silex Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Silex Systems. 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.Silex Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Silex Systems is not an exception. The market had few large corrections towards the Silex Systems' 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 Silex Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Silex Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.73 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | 0.17 |
Silex Systems 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 Silex Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Silex Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Silex Systems appears to be risky and price may revert if volatility continues | |
| Silex Systems has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.87 M. Net Loss for the year was (22.73 M) with loss before overhead, payroll, taxes, and interest of (728.2 K). | |
| About 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Silex Systems Gains Shareholder Confidence at AGM - TipRanks |
Silex Systems 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 Silex Stock often depends not only on the future outlook of the current and potential Silex Systems' 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. Silex Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 236.1 M | |
| Cash And Short Term Investments | 117 M |
Silex Systems Technical Analysis
Silex Systems' future price can be derived by breaking down and analyzing its technical indicators over time. Silex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Silex Systems. In general, you should focus on analyzing Silex Stock price patterns and their correlations with different microeconomic environments and drivers.
Silex Systems Predictive Forecast Models
Silex Systems' time-series forecasting models is one of many Silex Systems' 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 Silex Systems' 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 Silex Systems
Checking the ongoing alerts about Silex Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Silex Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Silex Systems appears to be risky and price may revert if volatility continues | |
| Silex Systems has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.87 M. Net Loss for the year was (22.73 M) with loss before overhead, payroll, taxes, and interest of (728.2 K). | |
| About 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Silex Systems Gains Shareholder Confidence at AGM - TipRanks |
Additional Tools for Silex Stock Analysis
When running Silex Systems' price analysis, check to measure Silex Systems' 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 Silex Systems is operating at the current time. Most of Silex Systems' value examination focuses on studying past and present price action to predict the probability of Silex Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silex Systems' price. Additionally, you may evaluate how the addition of Silex Systems to your portfolios can decrease your overall portfolio volatility.