Snap One Holdings Odds of Future Stock Price Finishing Under 8.51
| SNPODelisted Stock | USD 10.75 0.01 0.09% |
Snap |
Snap One Target Price Odds to finish below 8.51
The tendency of Snap 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 $ 8.51 or more in 90 days |
| 10.75 | 90 days | 8.51 | about 9.42 |
Based on a normal probability distribution, the odds of Snap One to drop to $ 8.51 or more in 90 days from now is about 9.42 (This Snap One Holdings probability density function shows the probability of Snap Stock to fall within a particular range of prices over 90 days) . Probability of Snap One Holdings price to stay between $ 8.51 and its current price of $10.75 at the end of the 90-day period is about 67.64 .
Given the investment horizon of 90 days Snap One Holdings has a beta of -0.69. This usually implies as returns on the benchmark increase, returns on holding Snap One are expected to decrease at a much lower rate. During a bear market, however, Snap One Holdings is likely to outperform the market. Additionally Snap One Holdings has an alpha of 0.6887, implying that it can generate a 0.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Snap One Price Density |
| Price |
Predictive Modules for Snap One
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Snap One Holdings. 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.Snap One Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Snap One is not an exception. The market had few large corrections towards the Snap One'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 Snap One Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Snap One within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.69 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 1.09 | |
Ir | Information ratio | 0.10 |
Snap One 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 Snap One for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Snap One Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Snap One Holdings is not yet fully synchronised with the market data | |
| Snap One Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.06 B. Net Loss for the year was (21.37 M) with profit before overhead, payroll, taxes, and interest of 441.17 M. | |
| Over 83.0% of the company shares are owned by institutional investors |
Snap One 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 Snap Stock often depends not only on the future outlook of the current and potential Snap One'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. Snap One's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.9 M | |
| Cash And Short Term Investments | 61 M |
Snap One Technical Analysis
Snap One's future price can be derived by breaking down and analyzing its technical indicators over time. Snap Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Snap One Holdings. In general, you should focus on analyzing Snap Stock price patterns and their correlations with different microeconomic environments and drivers.
Snap One Predictive Forecast Models
Snap One's time-series forecasting models is one of many Snap One'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 Snap One'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 Snap One Holdings
Checking the ongoing alerts about Snap One for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snap One Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Snap One Holdings is not yet fully synchronised with the market data | |
| Snap One Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.06 B. Net Loss for the year was (21.37 M) with profit before overhead, payroll, taxes, and interest of 441.17 M. | |
| Over 83.0% of the company shares are owned by institutional investors |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Snap Stock
If you are still planning to invest in Snap One Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Snap One's history and understand the potential risks before investing.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |