Snipp Interactive Stock Probability of Future Pink Sheet Price Finishing Over 0.052
| SNIPF Stock | USD 0.05 0 3.89% |
Snipp |
Snipp Interactive Target Price Odds to finish over 0.052
The tendency of Snipp 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 stay above $ 0.05 in 90 days |
| 0.05 | 90 days | 0.05 | about 41.38 |
Based on a normal probability distribution, the odds of Snipp Interactive to stay above $ 0.05 in 90 days from now is about 41.38 (This Snipp Interactive probability density function shows the probability of Snipp Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Snipp Interactive price to stay between $ 0.05 and its current price of $0.0544 at the end of the 90-day period is about 16.96 .
Assuming the 90 days horizon Snipp Interactive has a beta of -1.21. This usually implies as returns on its benchmark rise, returns on holding Snipp Interactive are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Snipp Interactive is expected to outperform its benchmark. Additionally Snipp Interactive has an alpha of 0.1884, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Snipp Interactive Price Density |
| Price |
Predictive Modules for Snipp Interactive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Snipp Interactive. 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.Snipp Interactive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Snipp Interactive is not an exception. The market had few large corrections towards the Snipp Interactive'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 Snipp Interactive, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Snipp Interactive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -1.21 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.01 |
Snipp Interactive 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 Snipp Interactive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Snipp Interactive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Snipp Interactive had very high historical volatility over the last 90 days | |
| Snipp Interactive has some characteristics of a very speculative penny stock | |
| About 38.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Optimistic Investors Push Snipp Interactive Inc. Shares Up 31 percent But Growth Is Lacking - Simply Wall St |
Snipp Interactive 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 Snipp Pink Sheet often depends not only on the future outlook of the current and potential Snipp Interactive'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. Snipp Interactive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 235.2 M |
Snipp Interactive Technical Analysis
Snipp Interactive's future price can be derived by breaking down and analyzing its technical indicators over time. Snipp Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Snipp Interactive. In general, you should focus on analyzing Snipp Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Snipp Interactive Predictive Forecast Models
Snipp Interactive's time-series forecasting models is one of many Snipp Interactive'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 Snipp Interactive'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 Snipp Interactive
Checking the ongoing alerts about Snipp Interactive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snipp Interactive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Snipp Interactive had very high historical volatility over the last 90 days | |
| Snipp Interactive has some characteristics of a very speculative penny stock | |
| About 38.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Optimistic Investors Push Snipp Interactive Inc. Shares Up 31 percent But Growth Is Lacking - Simply Wall St |
Other Information on Investing in Snipp Pink Sheet
Snipp Interactive financial ratios help investors to determine whether Snipp Pink Sheet 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 Snipp with respect to the benefits of owning Snipp Interactive security.