Steamships Trading (Australia) Probability of Future Stock Price Finishing Over 13.66
| SST Stock | 13.80 0.05 0.36% |
Steamships |
Steamships Trading Target Price Odds to finish over 13.66
The tendency of Steamships 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 above 13.66 in 90 days |
| 13.80 | 90 days | 13.66 | about 98.0 |
Based on a normal probability distribution, the odds of Steamships Trading to stay above 13.66 in 90 days from now is about 98.0 (This Steamships Trading probability density function shows the probability of Steamships Stock to fall within a particular range of prices over 90 days) . Probability of Steamships Trading price to stay between 13.66 and its current price of 13.8 at the end of the 90-day period is about 17.95 .
Assuming the 90 days trading horizon Steamships Trading has a beta of 0.0297. This usually implies as returns on the market go up, Steamships Trading average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Steamships Trading will be expected to be much smaller as well. Additionally Steamships Trading 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. Steamships Trading Price Density |
| Price |
Predictive Modules for Steamships Trading
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Steamships Trading. 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.Steamships Trading Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Steamships Trading is not an exception. The market had few large corrections towards the Steamships Trading'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 Steamships Trading, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Steamships Trading within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.42 |
Steamships Trading 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 Steamships Trading for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Steamships Trading can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Steamships Trading generated a negative expected return over the last 90 days | |
| Steamships Trading is unlikely to experience financial distress in the next 2 years | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Steamships Trading Company Limited Stocks On A Decline Are Poor Fundamentals The Cause - Yahoo Finance |
Steamships Trading 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 Steamships Stock often depends not only on the future outlook of the current and potential Steamships Trading'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. Steamships Trading's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31 M | |
| Cash And Short Term Investments | 28.8 M |
Steamships Trading Technical Analysis
Steamships Trading's future price can be derived by breaking down and analyzing its technical indicators over time. Steamships Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Steamships Trading. In general, you should focus on analyzing Steamships Stock price patterns and their correlations with different microeconomic environments and drivers.
Steamships Trading Predictive Forecast Models
Steamships Trading's time-series forecasting models is one of many Steamships Trading'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 Steamships Trading'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 Steamships Trading
Checking the ongoing alerts about Steamships Trading for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Steamships Trading help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Steamships Trading generated a negative expected return over the last 90 days | |
| Steamships Trading is unlikely to experience financial distress in the next 2 years | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Steamships Trading Company Limited Stocks On A Decline Are Poor Fundamentals The Cause - Yahoo Finance |
Additional Tools for Steamships Stock Analysis
When running Steamships Trading's price analysis, check to measure Steamships Trading'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 Steamships Trading is operating at the current time. Most of Steamships Trading's value examination focuses on studying past and present price action to predict the probability of Steamships Trading's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steamships Trading's price. Additionally, you may evaluate how the addition of Steamships Trading to your portfolios can decrease your overall portfolio volatility.