Surgepays Stock Probability of Future Stock Price Finishing Over 26.85
| SURG Stock | USD 1.92 0.19 9.00% |
Surgepays |
Surgepays Target Price Odds to finish over 26.85
The tendency of Surgepays 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 move over $ 26.85 or more in 90 days |
| 1.92 | 90 days | 26.85 | close to zero percent |
Based on a normal probability distribution, the odds of Surgepays to move over $ 26.85 or more in 90 days from now is close to zero percent (This Surgepays probability density function shows the probability of Surgepays Stock to fall within a particular range of prices over 90 days) . Probability of Surgepays price to stay between its current price of $ 1.92 and $ 26.85 at the end of the 90-day period is about 6.26 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.47 . 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, Surgepays will likely underperform. Additionally Surgepays 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. Surgepays Price Density |
| Price |
Predictive Modules for Surgepays
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surgepays. 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.Surgepays Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Surgepays is not an exception. The market had few large corrections towards the Surgepays' 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 Surgepays, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Surgepays within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 2.47 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.02 |
Surgepays 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 Surgepays for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Surgepays can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Surgepays is way too risky over 90 days horizon | |
| Surgepays may become a speculative penny stock | |
| Surgepays appears to be risky and price may revert if volatility continues | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: SurgePays Integrates its ClearLine Marketing Platform with PAX Smart Payment Terminals |
Surgepays 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 Surgepays Stock often depends not only on the future outlook of the current and potential Surgepays' 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. Surgepays' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.9 M | |
| Cash And Short Term Investments | 14.6 M |
Surgepays Technical Analysis
Surgepays' future price can be derived by breaking down and analyzing its technical indicators over time. Surgepays Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Surgepays. In general, you should focus on analyzing Surgepays Stock price patterns and their correlations with different microeconomic environments and drivers.
Surgepays Predictive Forecast Models
Surgepays' time-series forecasting models is one of many Surgepays' 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 Surgepays' 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 Surgepays
Checking the ongoing alerts about Surgepays for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Surgepays help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Surgepays is way too risky over 90 days horizon | |
| Surgepays may become a speculative penny stock | |
| Surgepays appears to be risky and price may revert if volatility continues | |
| About 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: SurgePays Integrates its ClearLine Marketing Platform with PAX Smart Payment Terminals |
Check out Surgepays Backtesting, Surgepays Valuation, Surgepays Correlation, Surgepays Hype Analysis, Surgepays Volatility, Surgepays History as well as Surgepays Performance. For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Surgepays. If investors know Surgepays will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Surgepays listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share (1.18) | Revenue Per Share 6.864 | Quarterly Revenue Growth (0.58) | Return On Assets (0.02) |
The market value of Surgepays is measured differently than its book value, which is the value of Surgepays that is recorded on the company's balance sheet. Investors also form their own opinion of Surgepays' value that differs from its market value or its book value, called intrinsic value, which is Surgepays' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Surgepays' market value can be influenced by many factors that don't directly affect Surgepays' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Surgepays' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgepays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgepays' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.