Sunlink Health Systems Stock Probability of Future Stock Price Finishing Over 0.75
| SSY Stock | USD 0.86 0.11 14.67% |
SunLink |
SunLink Health Target Price Odds to finish over 0.75
The tendency of SunLink 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 $ 0.75 in 90 days |
| 0.86 | 90 days | 0.75 | more than 94.0 |
Based on a normal probability distribution, the odds of SunLink Health to stay above $ 0.75 in 90 days from now is more than 94.0 (This SunLink Health Systems probability density function shows the probability of SunLink Stock to fall within a particular range of prices over 90 days) . Probability of SunLink Health Systems price to stay between $ 0.75 and its current price of $0.86 at the end of the 90-day period is about 74.92 .
Considering the 90-day investment horizon SunLink Health Systems has a beta of -0.17. This usually implies as returns on the benchmark increase, returns on holding SunLink Health are expected to decrease at a much lower rate. During a bear market, however, SunLink Health Systems is likely to outperform the market. Additionally SunLink Health Systems 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. SunLink Health Price Density |
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Predictive Modules for SunLink Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SunLink Health Systems. 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 SunLink Health'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.
SunLink Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SunLink Health is not an exception. The market had few large corrections towards the SunLink Health'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 SunLink Health Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SunLink Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.04 |
SunLink Health 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 SunLink Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SunLink Health Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SunLink Health generated a negative expected return over the last 90 days | |
| SunLink Health has some characteristics of a very speculative penny stock | |
| SunLink Health has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 32.44 M. Reported Net Loss for the year was (1.53 M) with profit before taxes, overhead, and interest of 4.71 M. | |
| SunLink Health Systems has about 4.49 M in cash with (2.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| SunLink Health has a frail financial position based on the latest SEC disclosures | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 30912 shares by Christopher Mills of SunLink Health at 1.957 subject to Rule 16b-3 |
SunLink Health 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 SunLink Stock often depends not only on the future outlook of the current and potential SunLink Health'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. SunLink Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7 M | |
| Cash And Short Term Investments | 7.2 M |
SunLink Health Technical Analysis
SunLink Health's future price can be derived by breaking down and analyzing its technical indicators over time. SunLink Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SunLink Health Systems. In general, you should focus on analyzing SunLink Stock price patterns and their correlations with different microeconomic environments and drivers.
SunLink Health Predictive Forecast Models
SunLink Health's time-series forecasting models is one of many SunLink Health'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 SunLink Health'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 SunLink Health Systems
Checking the ongoing alerts about SunLink Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SunLink Health Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SunLink Health generated a negative expected return over the last 90 days | |
| SunLink Health has some characteristics of a very speculative penny stock | |
| SunLink Health has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 32.44 M. Reported Net Loss for the year was (1.53 M) with profit before taxes, overhead, and interest of 4.71 M. | |
| SunLink Health Systems has about 4.49 M in cash with (2.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| SunLink Health has a frail financial position based on the latest SEC disclosures | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 30912 shares by Christopher Mills of SunLink Health at 1.957 subject to Rule 16b-3 |
Additional Tools for SunLink Stock Analysis
When running SunLink Health's price analysis, check to measure SunLink Health'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 SunLink Health is operating at the current time. Most of SunLink Health's value examination focuses on studying past and present price action to predict the probability of SunLink Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunLink Health's price. Additionally, you may evaluate how the addition of SunLink Health to your portfolios can decrease your overall portfolio volatility.