SURETRACK MON (UK) Probability of Future Stock Price Finishing Under 0.43
| STK Stock | 0.48 0.03 6.67% |
SURETRACK |
SURETRACK MON Target Price Odds to finish below 0.43
The tendency of SURETRACK 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 0.43 or more in 90 days |
| 0.48 | 90 days | 0.43 | close to 99 |
Based on a normal probability distribution, the odds of SURETRACK MON to drop to 0.43 or more in 90 days from now is close to 99 (This SURETRACK MON probability density function shows the probability of SURETRACK Stock to fall within a particular range of prices over 90 days) . Probability of SURETRACK MON price to stay between 0.43 and its current price of 0.48 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.68 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SURETRACK MON will likely underperform. Moreover SURETRACK MON has an alpha of 1.1447, implying that it can generate a 1.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SURETRACK MON Price Density |
| Price |
Predictive Modules for SURETRACK MON
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SURETRACK MON. 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.SURETRACK MON Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SURETRACK MON is not an exception. The market had few large corrections towards the SURETRACK MON'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 SURETRACK MON , one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SURETRACK MON within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.14 | |
β | Beta against Dow Jones | 2.68 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.14 |
SURETRACK MON 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 SURETRACK MON for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SURETRACK MON can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SURETRACK MON is way too risky over 90 days horizon | |
| SURETRACK MON has some characteristics of a very speculative penny stock | |
| SURETRACK MON appears to be risky and price may revert if volatility continues | |
| SURETRACK MON has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1 K. Net Loss for the year was (1.57 M) with loss before overhead, payroll, taxes, and interest of (20 K). | |
| SURETRACK MON generates negative cash flow from operations | |
| About 98.0% of the company outstanding shares are owned by corporate insiders |
SURETRACK MON 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 SURETRACK Stock often depends not only on the future outlook of the current and potential SURETRACK MON'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. SURETRACK MON's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 378.7 M | |
| Shares Float | 84.3 M |
SURETRACK MON Technical Analysis
SURETRACK MON's future price can be derived by breaking down and analyzing its technical indicators over time. SURETRACK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SURETRACK MON . In general, you should focus on analyzing SURETRACK Stock price patterns and their correlations with different microeconomic environments and drivers.
SURETRACK MON Predictive Forecast Models
SURETRACK MON's time-series forecasting models is one of many SURETRACK MON'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 SURETRACK MON'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 SURETRACK MON
Checking the ongoing alerts about SURETRACK MON for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SURETRACK MON help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SURETRACK MON is way too risky over 90 days horizon | |
| SURETRACK MON has some characteristics of a very speculative penny stock | |
| SURETRACK MON appears to be risky and price may revert if volatility continues | |
| SURETRACK MON has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1 K. Net Loss for the year was (1.57 M) with loss before overhead, payroll, taxes, and interest of (20 K). | |
| SURETRACK MON generates negative cash flow from operations | |
| About 98.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SURETRACK Stock
SURETRACK MON financial ratios help investors to determine whether SURETRACK 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 SURETRACK with respect to the benefits of owning SURETRACK MON security.