Stelco Holdings Stock Probability of Future Pink Sheet Price Finishing Over 51.39
| STZHF Stock | USD 49.41 0.00 0.00% |
Stelco |
Stelco Holdings Target Price Odds to finish over 51.39
The tendency of Stelco Pink Sheet 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 move over $ 51.39 or more in 90 days |
| 49.41 | 90 days | 51.39 | near 1 |
Based on a normal probability distribution, the odds of Stelco Holdings to move over $ 51.39 or more in 90 days from now is near 1 (This Stelco Holdings probability density function shows the probability of Stelco Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Stelco Holdings price to stay between its current price of $ 49.41 and $ 51.39 at the end of the 90-day period is about 8.84 .
Assuming the 90 days horizon Stelco Holdings has a beta of -0.0666. This usually implies as returns on the benchmark increase, returns on holding Stelco Holdings are expected to decrease at a much lower rate. During a bear market, however, Stelco Holdings is likely to outperform the market. Additionally Stelco Holdings has an alpha of 0.0837, implying that it can generate a 0.0837 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Stelco Holdings Price Density |
| Price |
Predictive Modules for Stelco Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stelco Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Stelco Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stelco Holdings is not an exception. The market had few large corrections towards the Stelco Holdings' 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 Stelco Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stelco Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | -0.04 |
Stelco Holdings 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 Stelco Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stelco Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stelco Holdings is not yet fully synchronised with the market data | |
| About 21.0% of the company outstanding shares are owned by corporate insiders |
Stelco Holdings 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 Stelco Pink Sheet often depends not only on the future outlook of the current and potential Stelco Holdings' 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. Stelco Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 77.3 M |
Stelco Holdings Technical Analysis
Stelco Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Stelco Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stelco Holdings. In general, you should focus on analyzing Stelco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Stelco Holdings Predictive Forecast Models
Stelco Holdings' time-series forecasting models is one of many Stelco Holdings' pink sheet 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 Stelco Holdings' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Stelco Holdings
Checking the ongoing alerts about Stelco Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stelco Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stelco Holdings is not yet fully synchronised with the market data | |
| About 21.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Stelco Pink Sheet
Stelco Holdings financial ratios help investors to determine whether Stelco Pink Sheet 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 Stelco with respect to the benefits of owning Stelco Holdings security.