Smartcentres Real Estate Stock Probability of Future Stock Price Finishing Under 22.01
| SRU-UN Stock | CAD 25.45 0.16 0.62% |
SmartCentres |
SmartCentres Real Target Price Odds to finish below 22.01
The tendency of SmartCentres 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 C$ 22.01 or more in 90 days |
| 25.45 | 90 days | 22.01 | near 1 |
Based on a normal probability distribution, the odds of SmartCentres Real to drop to C$ 22.01 or more in 90 days from now is near 1 (This SmartCentres Real Estate probability density function shows the probability of SmartCentres Stock to fall within a particular range of prices over 90 days) . Probability of SmartCentres Real Estate price to stay between C$ 22.01 and its current price of C$25.45 at the end of the 90-day period is about 30.3 .
Assuming the 90 days trading horizon SmartCentres Real has a beta of 0.17. This usually implies as returns on the market go up, SmartCentres Real average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SmartCentres Real Estate will be expected to be much smaller as well. Additionally SmartCentres Real Estate 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. SmartCentres Real Price Density |
| Price |
Predictive Modules for SmartCentres Real
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SmartCentres Real Estate. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SmartCentres Real's 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.
SmartCentres Real Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SmartCentres Real is not an exception. The market had few large corrections towards the SmartCentres Real'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 SmartCentres Real Estate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SmartCentres Real within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.19 |
SmartCentres Real 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 SmartCentres Real for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SmartCentres Real Estate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SmartCentres Real generated a negative expected return over the last 90 days | |
| SmartCentres Real Estate has accumulated 5 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. SmartCentres Real Estate has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist SmartCentres Real until it has trouble settling it off, either with new capital or with free cash flow. So, SmartCentres Real's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SmartCentres Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SmartCentres to invest in growth at high rates of return. When we think about SmartCentres Real's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Is SmartCentres REIT a Buy for Its Yield - The Motley Fool Canada |
SmartCentres Real 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 SmartCentres Stock often depends not only on the future outlook of the current and potential SmartCentres Real'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. SmartCentres Real's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 170.3 M | |
| Cash And Short Term Investments | 34.7 M |
SmartCentres Real Technical Analysis
SmartCentres Real's future price can be derived by breaking down and analyzing its technical indicators over time. SmartCentres Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SmartCentres Real Estate. In general, you should focus on analyzing SmartCentres Stock price patterns and their correlations with different microeconomic environments and drivers.
SmartCentres Real Predictive Forecast Models
SmartCentres Real's time-series forecasting models is one of many SmartCentres Real'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 SmartCentres Real'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 SmartCentres Real Estate
Checking the ongoing alerts about SmartCentres Real for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SmartCentres Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SmartCentres Real generated a negative expected return over the last 90 days | |
| SmartCentres Real Estate has accumulated 5 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. SmartCentres Real Estate has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist SmartCentres Real until it has trouble settling it off, either with new capital or with free cash flow. So, SmartCentres Real's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SmartCentres Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SmartCentres to invest in growth at high rates of return. When we think about SmartCentres Real's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Is SmartCentres REIT a Buy for Its Yield - The Motley Fool Canada |
Other Information on Investing in SmartCentres Stock
SmartCentres Real financial ratios help investors to determine whether SmartCentres 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 SmartCentres with respect to the benefits of owning SmartCentres Real security.