Santana Minerals (Australia) Probability of Future Stock Price Finishing Under 0.56
| SMI Stock | 0.45 0.01 2.17% |
Santana |
Santana Minerals Target Price Odds to finish below 0.56
The tendency of Santana 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 0.56 after 90 days |
| 0.45 | 90 days | 0.56 | about 32.38 |
Based on a normal probability distribution, the odds of Santana Minerals to stay under 0.56 after 90 days from now is about 32.38 (This Santana Minerals probability density function shows the probability of Santana Stock to fall within a particular range of prices over 90 days) . Probability of Santana Minerals price to stay between its current price of 0.45 and 0.56 at the end of the 90-day period is about 25.18 .
Assuming the 90 days trading horizon Santana Minerals has a beta of 0.56. This usually implies as returns on the market go up, Santana Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Santana Minerals will be expected to be much smaller as well. Additionally Santana Minerals 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. Santana Minerals Price Density |
| Price |
Predictive Modules for Santana Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Santana Minerals. 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.Santana Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Santana Minerals is not an exception. The market had few large corrections towards the Santana Minerals' 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 Santana Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Santana Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.69 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.15 |
Santana Minerals 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 Santana Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Santana Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Santana Minerals generated a negative expected return over the last 90 days | |
| Santana Minerals has some characteristics of a very speculative penny stock | |
| Santana Minerals has high historical volatility and very poor performance | |
| Santana Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Santana Minerals has accumulated about 17.21 M in cash with (1.53 M) of positive cash flow from operations. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Santana Minerals Expands with New ASX Securities - MSN |
Santana Minerals 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 Santana Stock often depends not only on the future outlook of the current and potential Santana Minerals' 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. Santana Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 182 M | |
| Cash And Short Term Investments | 33.1 M |
Santana Minerals Technical Analysis
Santana Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Santana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Santana Minerals. In general, you should focus on analyzing Santana Stock price patterns and their correlations with different microeconomic environments and drivers.
Santana Minerals Predictive Forecast Models
Santana Minerals' time-series forecasting models is one of many Santana Minerals' 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 Santana Minerals' 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 Santana Minerals
Checking the ongoing alerts about Santana Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Santana Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Santana Minerals generated a negative expected return over the last 90 days | |
| Santana Minerals has some characteristics of a very speculative penny stock | |
| Santana Minerals has high historical volatility and very poor performance | |
| Santana Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Santana Minerals has accumulated about 17.21 M in cash with (1.53 M) of positive cash flow from operations. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Santana Minerals Expands with New ASX Securities - MSN |
Additional Tools for Santana Stock Analysis
When running Santana Minerals' price analysis, check to measure Santana Minerals' 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 Santana Minerals is operating at the current time. Most of Santana Minerals' value examination focuses on studying past and present price action to predict the probability of Santana Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Santana Minerals' price. Additionally, you may evaluate how the addition of Santana Minerals to your portfolios can decrease your overall portfolio volatility.