Suntex Enterprises Stock Probability of Future Pink Sheet Price Finishing Over 0.001725
| SNTX Stock | USD 0 0.0005 35.71% |
Suntex |
Suntex Enterprises Target Price Odds to finish over 0.001725
The tendency of Suntex 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 in 90 days |
| 0 | 90 days | 0 | about 56.81 |
Based on a normal probability distribution, the odds of Suntex Enterprises to stay above $ 0 in 90 days from now is about 56.81 (This Suntex Enterprises probability density function shows the probability of Suntex Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Suntex Enterprises price to stay between $ 0 and its current price of $0.0019 at the end of the 90-day period is about 17.95 .
Given the investment horizon of 90 days Suntex Enterprises has a beta of -0.68. This usually implies as returns on the benchmark increase, returns on holding Suntex Enterprises are expected to decrease at a much lower rate. During a bear market, however, Suntex Enterprises is likely to outperform the market. Moreover Suntex Enterprises has an alpha of 1.2047, implying that it can generate a 1.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Suntex Enterprises Price Density |
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Predictive Modules for Suntex Enterprises
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Suntex Enterprises. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Suntex Enterprises' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Suntex Enterprises Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Suntex Enterprises is not an exception. The market had few large corrections towards the Suntex Enterprises' 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 Suntex Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Suntex Enterprises within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.20 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 0.0004 | |
Ir | Information ratio | 0.08 |
Suntex Enterprises 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 Suntex Enterprises for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Suntex Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Suntex Enterprises generated a negative expected return over the last 90 days | |
| Suntex Enterprises has high historical volatility and very poor performance | |
| Suntex Enterprises has some characteristics of a very speculative penny stock |
Suntex Enterprises Technical Analysis
Suntex Enterprises' future price can be derived by breaking down and analyzing its technical indicators over time. Suntex Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Suntex Enterprises. In general, you should focus on analyzing Suntex Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Suntex Enterprises Predictive Forecast Models
Suntex Enterprises' time-series forecasting models is one of many Suntex Enterprises' 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 Suntex Enterprises' 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 Suntex Enterprises
Checking the ongoing alerts about Suntex Enterprises for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Suntex Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Suntex Enterprises generated a negative expected return over the last 90 days | |
| Suntex Enterprises has high historical volatility and very poor performance | |
| Suntex Enterprises has some characteristics of a very speculative penny stock |
Additional Tools for Suntex Pink Sheet Analysis
When running Suntex Enterprises' price analysis, check to measure Suntex Enterprises' 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 Suntex Enterprises is operating at the current time. Most of Suntex Enterprises' value examination focuses on studying past and present price action to predict the probability of Suntex Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suntex Enterprises' price. Additionally, you may evaluate how the addition of Suntex Enterprises to your portfolios can decrease your overall portfolio volatility.