Spectra Systems (UK) Probability of Future Stock Price Finishing Under 238.73
| SPSY Stock | 253.00 6.00 2.43% |
Spectra |
Spectra Systems Target Price Odds to finish below 238.73
The tendency of Spectra 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 238.73 or more in 90 days |
| 253.00 | 90 days | 238.73 | about 12.66 |
Based on a normal probability distribution, the odds of Spectra Systems to drop to 238.73 or more in 90 days from now is about 12.66 (This Spectra Systems Corp probability density function shows the probability of Spectra Stock to fall within a particular range of prices over 90 days) . Probability of Spectra Systems Corp price to stay between 238.73 and its current price of 253.0 at the end of the 90-day period is about 62.01 .
Assuming the 90 days trading horizon Spectra Systems has a beta of 0.21. This usually implies as returns on the market go up, Spectra Systems average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spectra Systems Corp will be expected to be much smaller as well. Additionally Spectra Systems Corp 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. Spectra Systems Price Density |
| Price |
Predictive Modules for Spectra Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spectra Systems Corp. 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.Spectra Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spectra Systems is not an exception. The market had few large corrections towards the Spectra Systems' 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 Spectra Systems Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spectra Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0089 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 7.91 | |
Ir | Information ratio | -0.04 |
Spectra Systems 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 Spectra Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spectra Systems Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spectra Systems Corp is unlikely to experience financial distress in the next 2 years | |
| About 18.0% of the company outstanding shares are owned by corporate insiders |
Spectra Systems 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 Spectra Stock often depends not only on the future outlook of the current and potential Spectra Systems' 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. Spectra Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.8 M | |
| Cash And Short Term Investments | 13.3 M |
Spectra Systems Technical Analysis
Spectra Systems' future price can be derived by breaking down and analyzing its technical indicators over time. Spectra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spectra Systems Corp. In general, you should focus on analyzing Spectra Stock price patterns and their correlations with different microeconomic environments and drivers.
Spectra Systems Predictive Forecast Models
Spectra Systems' time-series forecasting models is one of many Spectra Systems' 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 Spectra Systems' 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 Spectra Systems Corp
Checking the ongoing alerts about Spectra Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spectra Systems Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spectra Systems Corp is unlikely to experience financial distress in the next 2 years | |
| About 18.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Spectra Stock Analysis
When running Spectra Systems' price analysis, check to measure Spectra Systems' 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 Spectra Systems is operating at the current time. Most of Spectra Systems' value examination focuses on studying past and present price action to predict the probability of Spectra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra Systems' price. Additionally, you may evaluate how the addition of Spectra Systems to your portfolios can decrease your overall portfolio volatility.