Stornoway Diamond Stock Probability of Future Pink Sheet Price Finishing Over 3.0E-4
| SWYDF Stock | USD 0.0003 0.0002 200.00% |
Stornoway |
Stornoway Diamond Target Price Odds to finish over 3.0E-4
The tendency of Stornoway 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 above the current price in 90 days |
| 0.0003 | 90 days | 0.0003 | about 58.56 |
Based on a normal probability distribution, the odds of Stornoway Diamond to move above the current price in 90 days from now is about 58.56 (This Stornoway Diamond probability density function shows the probability of Stornoway Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 22.84 . 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, Stornoway Diamond will likely underperform. In addition to that Stornoway Diamond has an alpha of 18.9859, implying that it can generate a 18.99 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Stornoway Diamond Price Density |
| Price |
Predictive Modules for Stornoway Diamond
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stornoway Diamond. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stornoway Diamond's 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.
Stornoway Diamond Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stornoway Diamond is not an exception. The market had few large corrections towards the Stornoway Diamond'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 Stornoway Diamond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stornoway Diamond within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 18.99 | |
β | Beta against Dow Jones | 22.84 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | 0.17 |
Stornoway Diamond 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 Stornoway Diamond for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stornoway Diamond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stornoway Diamond is way too risky over 90 days horizon | |
| Stornoway Diamond has some characteristics of a very speculative penny stock | |
| Stornoway Diamond appears to be risky and price may revert if volatility continues | |
| Stornoway Diamond has high likelihood to experience some financial distress in the next 2 years | |
| Stornoway Diamond has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Stornoway Diamond until it has trouble settling it off, either with new capital or with free cash flow. So, Stornoway Diamond's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stornoway Diamond sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stornoway to invest in growth at high rates of return. When we think about Stornoway Diamond's use of debt, we should always consider it together with cash and equity. | |
| Stornoway Diamond reported the revenue of 165.49 M. Net Loss for the year was (329.35 M) with profit before overhead, payroll, taxes, and interest of 33.82 M. | |
| About 26.0% of the company outstanding shares are owned by corporate insiders |
Stornoway Diamond 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 Stornoway Pink Sheet often depends not only on the future outlook of the current and potential Stornoway Diamond'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. Stornoway Diamond's indicators that are reflective of the short sentiment are summarized in the table below.
Stornoway Diamond Technical Analysis
Stornoway Diamond's future price can be derived by breaking down and analyzing its technical indicators over time. Stornoway Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stornoway Diamond. In general, you should focus on analyzing Stornoway Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Stornoway Diamond Predictive Forecast Models
Stornoway Diamond's time-series forecasting models is one of many Stornoway Diamond's 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 Stornoway Diamond'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Stornoway Diamond
Checking the ongoing alerts about Stornoway Diamond for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stornoway Diamond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stornoway Diamond is way too risky over 90 days horizon | |
| Stornoway Diamond has some characteristics of a very speculative penny stock | |
| Stornoway Diamond appears to be risky and price may revert if volatility continues | |
| Stornoway Diamond has high likelihood to experience some financial distress in the next 2 years | |
| Stornoway Diamond has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Stornoway Diamond until it has trouble settling it off, either with new capital or with free cash flow. So, Stornoway Diamond's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Stornoway Diamond sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Stornoway to invest in growth at high rates of return. When we think about Stornoway Diamond's use of debt, we should always consider it together with cash and equity. | |
| Stornoway Diamond reported the revenue of 165.49 M. Net Loss for the year was (329.35 M) with profit before overhead, payroll, taxes, and interest of 33.82 M. | |
| About 26.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Stornoway Pink Sheet
Stornoway Diamond financial ratios help investors to determine whether Stornoway 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 Stornoway with respect to the benefits of owning Stornoway Diamond security.