Servotronics Stock Probability of Future Stock Price Finishing Under 11.8
| SVT Stock | USD 11.43 0.02 0.17% |
Servotronics |
Servotronics Target Price Odds to finish below 11.8
The tendency of Servotronics 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 $ 11.80 after 90 days |
| 11.43 | 90 days | 11.80 | about 44.27 |
Based on a normal probability distribution, the odds of Servotronics to stay under $ 11.80 after 90 days from now is about 44.27 (This Servotronics probability density function shows the probability of Servotronics Stock to fall within a particular range of prices over 90 days) . Probability of Servotronics price to stay between its current price of $ 11.43 and $ 11.80 at the end of the 90-day period is about 25.12 .
Considering the 90-day investment horizon Servotronics has a beta of 0.32. This usually implies as returns on the market go up, Servotronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Servotronics will be expected to be much smaller as well. Additionally Servotronics 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. Servotronics Price Density |
| Price |
Predictive Modules for Servotronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Servotronics. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Servotronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Servotronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Servotronics is not an exception. The market had few large corrections towards the Servotronics' 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 Servotronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Servotronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.03 |
Servotronics 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 Servotronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Servotronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Servotronics generated a negative expected return over the last 90 days | |
| Servotronics has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 43.63 M. Reported Net Loss for the year was (3.55 M) with profit before taxes, overhead, and interest of 5.99 M. | |
| Servotronics has about 4 M in cash with (6.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.09. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
Servotronics 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 Servotronics Stock often depends not only on the future outlook of the current and potential Servotronics' 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. Servotronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 M | |
| Cash And Short Term Investments | 95 K |
Servotronics Technical Analysis
Servotronics' future price can be derived by breaking down and analyzing its technical indicators over time. Servotronics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Servotronics. In general, you should focus on analyzing Servotronics Stock price patterns and their correlations with different microeconomic environments and drivers.
Servotronics Predictive Forecast Models
Servotronics' time-series forecasting models is one of many Servotronics' 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 Servotronics' 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 Servotronics
Checking the ongoing alerts about Servotronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Servotronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Servotronics generated a negative expected return over the last 90 days | |
| Servotronics has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 43.63 M. Reported Net Loss for the year was (3.55 M) with profit before taxes, overhead, and interest of 5.99 M. | |
| Servotronics has about 4 M in cash with (6.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.09. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Servotronics Stock Analysis
When running Servotronics' price analysis, check to measure Servotronics' 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 Servotronics is operating at the current time. Most of Servotronics' value examination focuses on studying past and present price action to predict the probability of Servotronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Servotronics' price. Additionally, you may evaluate how the addition of Servotronics to your portfolios can decrease your overall portfolio volatility.