Summerset Group (Australia) Probability of Future Stock Price Finishing Under 9.43
| SNZ Stock | 11.69 0.01 0.09% |
Summerset |
Summerset Group Target Price Odds to finish below 9.43
The tendency of Summerset 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 9.43 or more in 90 days |
| 11.69 | 90 days | 9.43 | near 1 |
Based on a normal probability distribution, the odds of Summerset Group to drop to 9.43 or more in 90 days from now is near 1 (This Summerset Group Holdings probability density function shows the probability of Summerset Stock to fall within a particular range of prices over 90 days) . Probability of Summerset Group Holdings price to stay between 9.43 and its current price of 11.69 at the end of the 90-day period is about 85.86 .
Assuming the 90 days trading horizon Summerset Group has a beta of 0.34. This usually implies as returns on the market go up, Summerset Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Summerset Group Holdings will be expected to be much smaller as well. Additionally Summerset Group Holdings has an alpha of 0.0769, implying that it can generate a 0.0769 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Summerset Group Price Density |
| Price |
Predictive Modules for Summerset Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Summerset Group 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.Summerset Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Summerset Group is not an exception. The market had few large corrections towards the Summerset Group'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 Summerset Group Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Summerset Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | 0.0005 |
Summerset Group 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 Summerset Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Summerset Group 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.| Summerset Group has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from news.google.com: Summerset Group Expands Retirement Portfolio Across New Zealand - TipRanks |
Summerset Group 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 Summerset Stock often depends not only on the future outlook of the current and potential Summerset Group'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. Summerset Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 233.2 M | |
| Cash And Short Term Investments | 14.2 M |
Summerset Group Technical Analysis
Summerset Group's future price can be derived by breaking down and analyzing its technical indicators over time. Summerset Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Summerset Group Holdings. In general, you should focus on analyzing Summerset Stock price patterns and their correlations with different microeconomic environments and drivers.
Summerset Group Predictive Forecast Models
Summerset Group's time-series forecasting models is one of many Summerset Group'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 Summerset Group'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 Summerset Group Holdings
Checking the ongoing alerts about Summerset Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Summerset Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Summerset Group has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from news.google.com: Summerset Group Expands Retirement Portfolio Across New Zealand - TipRanks |
Additional Tools for Summerset Stock Analysis
When running Summerset Group's price analysis, check to measure Summerset Group's 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 Summerset Group is operating at the current time. Most of Summerset Group's value examination focuses on studying past and present price action to predict the probability of Summerset Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summerset Group's price. Additionally, you may evaluate how the addition of Summerset Group to your portfolios can decrease your overall portfolio volatility.