Snam SpA (Germany) Odds of Future Stock Price Finishing Over 4.58
| SNM Stock | EUR 4.39 0.02 0.46% |
Snam |
Snam SpA Target Price Odds to finish over 4.58
The tendency of Snam 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 € 4.58 or more in 90 days |
| 4.39 | 90 days | 4.58 | about 10.16 |
Based on a normal probability distribution, the odds of Snam SpA to move over € 4.58 or more in 90 days from now is about 10.16 (This Snam SpA probability density function shows the probability of Snam Stock to fall within a particular range of prices over 90 days) . Probability of Snam SpA price to stay between its current price of € 4.39 and € 4.58 at the end of the 90-day period is about 57.37 .
Assuming the 90 days horizon Snam SpA has a beta of -0.1. This usually implies as returns on the benchmark increase, returns on holding Snam SpA are expected to decrease at a much lower rate. During a bear market, however, Snam SpA is likely to outperform the market. Additionally Snam SpA has an alpha of 0.0036, implying that it can generate a 0.003639 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Snam SpA Price Density |
| Price |
Predictive Modules for Snam SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Snam SpA. 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.Snam SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Snam SpA is not an exception. The market had few large corrections towards the Snam SpA'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 Snam SpA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Snam SpA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.15 |
Snam SpA 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 Snam SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Snam SpA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Snam SpA generated a negative expected return over the last 90 days | |
| Snam SpA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Snam SpA has accumulated 10.36 B in total debt with debt to equity ratio (D/E) of 232.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Snam SpA has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Snam SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Snam SpA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Snam SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Snam to invest in growth at high rates of return. When we think about Snam SpA's use of debt, we should always consider it together with cash and equity. | |
| About 38.0% of Snam SpA outstanding shares are owned by corporate insiders |
Snam SpA 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 Snam Stock often depends not only on the future outlook of the current and potential Snam SpA'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. Snam SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.3 B |
Snam SpA Technical Analysis
Snam SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Snam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Snam SpA. In general, you should focus on analyzing Snam Stock price patterns and their correlations with different microeconomic environments and drivers.
Snam SpA Predictive Forecast Models
Snam SpA's time-series forecasting models is one of many Snam SpA'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 Snam SpA'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 Snam SpA
Checking the ongoing alerts about Snam SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snam SpA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Snam SpA generated a negative expected return over the last 90 days | |
| Snam SpA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Snam SpA has accumulated 10.36 B in total debt with debt to equity ratio (D/E) of 232.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Snam SpA has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Snam SpA until it has trouble settling it off, either with new capital or with free cash flow. So, Snam SpA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Snam SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Snam to invest in growth at high rates of return. When we think about Snam SpA's use of debt, we should always consider it together with cash and equity. | |
| About 38.0% of Snam SpA outstanding shares are owned by corporate insiders |
Other Information on Investing in Snam Stock
Snam SpA financial ratios help investors to determine whether Snam 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 Snam with respect to the benefits of owning Snam SpA security.