Southern Hemisphere (Australia) Probability of Future Stock Price Finishing Under 0.0004
| SUH Stock | 0.04 0 2.70% |
Southern |
Southern Hemisphere Target Price Odds to finish below 0.0004
The tendency of Southern 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 0.0004 or more in 90 days |
| 0.04 | 90 days | 0.0004 | near 1 |
Based on a normal probability distribution, the odds of Southern Hemisphere to drop to 0.0004 or more in 90 days from now is near 1 (This Southern Hemisphere Mining probability density function shows the probability of Southern Stock to fall within a particular range of prices over 90 days) . Probability of Southern Hemisphere price to stay between 0.0004 and its current price of 0.038 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Southern Hemisphere has a beta of 0.16. This usually implies as returns on the market go up, Southern Hemisphere average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Southern Hemisphere Mining will be expected to be much smaller as well. Additionally Southern Hemisphere Mining 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. Southern Hemisphere Price Density |
| Price |
Predictive Modules for Southern Hemisphere
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Southern Hemisphere. 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.Southern Hemisphere Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Southern Hemisphere is not an exception. The market had few large corrections towards the Southern Hemisphere'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 Southern Hemisphere Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Southern Hemisphere within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.02 |
Southern Hemisphere 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 Southern Hemisphere for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Southern Hemisphere can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Southern Hemisphere had very high historical volatility over the last 90 days | |
| Southern Hemisphere has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Southern Hemisphere Mining has accumulated about 598.43 K in cash with (3.1 M) of positive cash flow from operations. | |
| Roughly 43.0% of the company outstanding shares are owned by corporate insiders |
Southern Hemisphere 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 Southern Stock often depends not only on the future outlook of the current and potential Southern Hemisphere'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. Southern Hemisphere's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 575.5 M | |
| Cash And Short Term Investments | 4.7 M |
Southern Hemisphere Technical Analysis
Southern Hemisphere's future price can be derived by breaking down and analyzing its technical indicators over time. Southern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Southern Hemisphere Mining. In general, you should focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environments and drivers.
Southern Hemisphere Predictive Forecast Models
Southern Hemisphere's time-series forecasting models is one of many Southern Hemisphere'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 Southern Hemisphere'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 Southern Hemisphere
Checking the ongoing alerts about Southern Hemisphere for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Southern Hemisphere help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Southern Hemisphere had very high historical volatility over the last 90 days | |
| Southern Hemisphere has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Southern Hemisphere Mining has accumulated about 598.43 K in cash with (3.1 M) of positive cash flow from operations. | |
| Roughly 43.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Southern Stock Analysis
When running Southern Hemisphere's price analysis, check to measure Southern Hemisphere'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 Southern Hemisphere is operating at the current time. Most of Southern Hemisphere's value examination focuses on studying past and present price action to predict the probability of Southern Hemisphere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Hemisphere's price. Additionally, you may evaluate how the addition of Southern Hemisphere to your portfolios can decrease your overall portfolio volatility.