Suburban Propane Partners Stock Probability of Future Stock Price Finishing Under 14.19
| SPH Stock | USD 18.68 0.27 1.42% |
Suburban |
Suburban Propane Target Price Odds to finish below 14.19
The tendency of Suburban 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 $ 14.19 or more in 90 days |
| 18.68 | 90 days | 14.19 | near 1 |
Based on a normal probability distribution, the odds of Suburban Propane to drop to $ 14.19 or more in 90 days from now is near 1 (This Suburban Propane Partners probability density function shows the probability of Suburban Stock to fall within a particular range of prices over 90 days) . Probability of Suburban Propane Partners price to stay between $ 14.19 and its current price of $18.68 at the end of the 90-day period is about 75.05 .
Considering the 90-day investment horizon Suburban Propane has a beta of 0.61. This usually implies as returns on the market go up, Suburban Propane average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Suburban Propane Partners will be expected to be much smaller as well. Additionally Suburban Propane Partners has an alpha of 0.0695, implying that it can generate a 0.0695 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Suburban Propane Price Density |
| Price |
Predictive Modules for Suburban Propane
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Suburban Propane Partners. 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.Suburban Propane Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Suburban Propane is not an exception. The market had few large corrections towards the Suburban Propane'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 Suburban Propane Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Suburban Propane within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0.02 |
Suburban Propane 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 Suburban Propane for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Suburban Propane Partners can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Suburban Propane Partners has 139.41 M in debt with debt to equity (D/E) ratio of 2.15, meaning that the company heavily relies on borrowing funds for operations. Suburban Propane Partners has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Suburban to invest in growth at high rates of return. | |
| Suburban Propane has a very strong financial position based on the latest SEC filings | |
| On 12th of November 2024 Suburban Propane paid $ 0.325 per share dividend to its current shareholders | |
| Latest headline from investing.com: Suburban Propane Partners SVP sells shares for 116,434 |
Suburban Propane 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 Suburban Stock often depends not only on the future outlook of the current and potential Suburban Propane'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. Suburban Propane's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64.8 M | |
| Cash And Short Term Investments | 3.2 M |
Suburban Propane Technical Analysis
Suburban Propane's future price can be derived by breaking down and analyzing its technical indicators over time. Suburban Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Suburban Propane Partners. In general, you should focus on analyzing Suburban Stock price patterns and their correlations with different microeconomic environments and drivers.
Suburban Propane Predictive Forecast Models
Suburban Propane's time-series forecasting models is one of many Suburban Propane'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 Suburban Propane'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 Suburban Propane Partners
Checking the ongoing alerts about Suburban Propane for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Suburban Propane Partners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Suburban Propane Partners has 139.41 M in debt with debt to equity (D/E) ratio of 2.15, meaning that the company heavily relies on borrowing funds for operations. Suburban Propane Partners has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Suburban to invest in growth at high rates of return. | |
| Suburban Propane has a very strong financial position based on the latest SEC filings | |
| On 12th of November 2024 Suburban Propane paid $ 0.325 per share dividend to its current shareholders | |
| Latest headline from investing.com: Suburban Propane Partners SVP sells shares for 116,434 |
Check out Suburban Propane Backtesting, Suburban Propane Valuation, Suburban Propane Correlation, Suburban Propane Hype Analysis, Suburban Propane Volatility, Suburban Propane History as well as Suburban Propane Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Suburban Propane. If investors know Suburban will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Suburban Propane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.062 | Earnings Share 1.14 | Revenue Per Share 20.956 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0527 |
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.