Spire Healthcare (UK) Probability of Future Stock Price Finishing Under 216.73
| SPI Stock | 225.50 6.00 2.73% |
Spire |
Spire Healthcare Target Price Odds to finish below 216.73
The tendency of Spire 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 216.73 or more in 90 days |
| 225.50 | 90 days | 216.73 | about 14.85 |
Based on a normal probability distribution, the odds of Spire Healthcare to drop to 216.73 or more in 90 days from now is about 14.85 (This Spire Healthcare Group probability density function shows the probability of Spire Stock to fall within a particular range of prices over 90 days) . Probability of Spire Healthcare price to stay between 216.73 and its current price of 225.5 at the end of the 90-day period is about 23.17 .
Assuming the 90 days trading horizon Spire Healthcare Group has a beta of -0.11. This usually implies as returns on the benchmark increase, returns on holding Spire Healthcare are expected to decrease at a much lower rate. During a bear market, however, Spire Healthcare Group is likely to outperform the market. Additionally Spire Healthcare Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Spire Healthcare Price Density |
| Price |
Predictive Modules for Spire Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spire Healthcare. 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.Spire Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spire Healthcare is not an exception. The market had few large corrections towards the Spire Healthcare'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 Spire Healthcare Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spire Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 11.92 | |
Ir | Information ratio | -0.24 |
Spire Healthcare 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 Spire Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spire Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spire Healthcare generated a negative expected return over the last 90 days | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Spire Healthcare Executes Share Buyback on LSE - TipRanks |
Spire Healthcare 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 Spire Stock often depends not only on the future outlook of the current and potential Spire Healthcare'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. Spire Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 413.1 M | |
| Cash And Short Term Investments | 49.6 M |
Spire Healthcare Technical Analysis
Spire Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Spire Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spire Healthcare Group. In general, you should focus on analyzing Spire Stock price patterns and their correlations with different microeconomic environments and drivers.
Spire Healthcare Predictive Forecast Models
Spire Healthcare's time-series forecasting models is one of many Spire Healthcare'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 Spire Healthcare'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 Spire Healthcare
Checking the ongoing alerts about Spire Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spire Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spire Healthcare generated a negative expected return over the last 90 days | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Spire Healthcare Executes Share Buyback on LSE - TipRanks |
Other Information on Investing in Spire Stock
Spire Healthcare financial ratios help investors to determine whether Spire 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 Spire with respect to the benefits of owning Spire Healthcare security.