SSP Group (UK) Probability of Future Stock Price Finishing Under 166.9
| SSPG Stock | 162.10 2.10 1.31% |
SSP |
SSP Group Target Price Odds to finish below 166.9
The tendency of SSP 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 stay under 166.90 after 90 days |
| 162.10 | 90 days | 166.90 | about 86.36 |
Based on a normal probability distribution, the odds of SSP Group to stay under 166.90 after 90 days from now is about 86.36 (This SSP Group PLC probability density function shows the probability of SSP Stock to fall within a particular range of prices over 90 days) . Probability of SSP Group PLC price to stay between its current price of 162.10 and 166.90 at the end of the 90-day period is about 34.06 .
Assuming the 90 days trading horizon SSP Group PLC has a beta of -0.058. This usually implies as returns on the benchmark increase, returns on holding SSP Group are expected to decrease at a much lower rate. During a bear market, however, SSP Group PLC is likely to outperform the market. Additionally SSP Group PLC 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. SSP Group Price Density |
| Price |
Predictive Modules for SSP 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 SSP Group PLC. 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.SSP Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SSP Group is not an exception. The market had few large corrections towards the SSP 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 SSP Group PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SSP Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 4.60 | |
Ir | Information ratio | -0.1 |
SSP 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 SSP Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SSP Group PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SSP Group PLC generated a negative expected return over the last 90 days | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: SSP Group plc Insider Jonathan Davies Acquires 78 Shares - MarketBeat |
SSP 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 SSP Stock often depends not only on the future outlook of the current and potential SSP 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. SSP Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 806 M | |
| Cash And Short Term Investments | 303.3 M |
SSP Group Technical Analysis
SSP Group's future price can be derived by breaking down and analyzing its technical indicators over time. SSP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SSP Group PLC. In general, you should focus on analyzing SSP Stock price patterns and their correlations with different microeconomic environments and drivers.
SSP Group Predictive Forecast Models
SSP Group's time-series forecasting models is one of many SSP 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 SSP 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 SSP Group PLC
Checking the ongoing alerts about SSP Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SSP Group PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SSP Group PLC generated a negative expected return over the last 90 days | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: SSP Group plc Insider Jonathan Davies Acquires 78 Shares - MarketBeat |
Additional Tools for SSP Stock Analysis
When running SSP Group's price analysis, check to measure SSP 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 SSP Group is operating at the current time. Most of SSP Group's value examination focuses on studying past and present price action to predict the probability of SSP 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 SSP Group's price. Additionally, you may evaluate how the addition of SSP Group to your portfolios can decrease your overall portfolio volatility.