Super Retail (Australia) Probability of Future Stock Price Finishing Under 14.76
| SUL Stock | 14.73 0.08 0.54% |
Super |
Super Retail Target Price Odds to finish below 14.76
The tendency of Super 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 under 14.76 after 90 days |
| 14.73 | 90 days | 14.76 | about 12.99 |
Based on a normal probability distribution, the odds of Super Retail to stay under 14.76 after 90 days from now is about 12.99 (This Super Retail Group probability density function shows the probability of Super Stock to fall within a particular range of prices over 90 days) . Probability of Super Retail Group price to stay between its current price of 14.73 and 14.76 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Super Retail has a beta of 0.83. This usually implies as returns on the market go up, Super Retail average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Super Retail Group will be expected to be much smaller as well. Additionally Super Retail Group 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. Super Retail Price Density |
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Predictive Modules for Super Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Super Retail Group. 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.Super Retail Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Super Retail is not an exception. The market had few large corrections towards the Super Retail'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 Super Retail Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Super Retail within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 1.54 | |
Ir | Information ratio | -0.22 |
Super Retail 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 Super Retail for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Super Retail Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Super Retail Group generated a negative expected return over the last 90 days | |
| Super Retail Group is unlikely to experience financial distress in the next 2 years | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Super Retail Group Appoints New Director Kate Burleigh - MSN |
Super Retail 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 Super Stock often depends not only on the future outlook of the current and potential Super Retail'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. Super Retail's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 227.7 M | |
| Cash And Short Term Investments | 217.8 M |
Super Retail Technical Analysis
Super Retail's future price can be derived by breaking down and analyzing its technical indicators over time. Super Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Super Retail Group. In general, you should focus on analyzing Super Stock price patterns and their correlations with different microeconomic environments and drivers.
Super Retail Predictive Forecast Models
Super Retail's time-series forecasting models is one of many Super Retail'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 Super Retail'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 Super Retail Group
Checking the ongoing alerts about Super Retail for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Super Retail Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Super Retail Group generated a negative expected return over the last 90 days | |
| Super Retail Group is unlikely to experience financial distress in the next 2 years | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Super Retail Group Appoints New Director Kate Burleigh - MSN |
Additional Tools for Super Stock Analysis
When running Super Retail's price analysis, check to measure Super Retail'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 Super Retail is operating at the current time. Most of Super Retail's value examination focuses on studying past and present price action to predict the probability of Super Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Super Retail's price. Additionally, you may evaluate how the addition of Super Retail to your portfolios can decrease your overall portfolio volatility.