Spin Master Corp Stock Probability of Future Stock Price Finishing Over 29.18

TOY Stock  CAD 33.91  0.90  2.59%   
Spin Master's future price is the expected price of Spin Master instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Spin Master Corp performance during a given time horizon utilizing its historical volatility. Check out Spin Master Backtesting, Spin Master Valuation, Spin Master Correlation, Spin Master Hype Analysis, Spin Master Volatility, Spin Master History as well as Spin Master Performance.
  
At this time, Spin Master's Price Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Fair Value is likely to grow to 2.19, while Price Earnings To Growth Ratio is likely to drop (0.44). Please specify Spin Master's target price for which you would like Spin Master odds to be computed.

Spin Master Target Price Odds to finish over 29.18

The tendency of Spin 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 PriceHorizonTarget PriceOdds to stay above C$ 29.18  in 90 days
 33.91 90 days 29.18 
about 98.0
Based on a normal probability distribution, the odds of Spin Master to stay above C$ 29.18  in 90 days from now is about 98.0 (This Spin Master Corp probability density function shows the probability of Spin Stock to fall within a particular range of prices over 90 days) . Probability of Spin Master Corp price to stay between C$ 29.18  and its current price of C$33.91 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Spin Master has a beta of 0.0432. This usually implies as returns on the market go up, Spin Master average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spin Master Corp will be expected to be much smaller as well. Additionally Spin Master Corp has an alpha of 0.1852, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Spin Master Price Density   
       Price  

Predictive Modules for Spin Master

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spin Master Corp. 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.
Hype
Prediction
LowEstimatedHigh
31.8434.0536.26
Details
Intrinsic
Valuation
LowRealHigh
30.8533.0635.27
Details
Naive
Forecast
LowNextHigh
32.3434.5536.76
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.511.040.65
Details

Spin Master Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Spin Master is not an exception. The market had few large corrections towards the Spin Master'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 Spin Master Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spin Master within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.19
β
Beta against Dow Jones0.04
σ
Overall volatility
1.22
Ir
Information ratio 0.04

Spin Master 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 Spin Master for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spin Master Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.

Spin Master 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 Spin Stock often depends not only on the future outlook of the current and potential Spin Master'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. Spin Master's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding105.7 M
Cash And Short Term Investments705.7 M

Spin Master Technical Analysis

Spin Master's future price can be derived by breaking down and analyzing its technical indicators over time. Spin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spin Master Corp. In general, you should focus on analyzing Spin Stock price patterns and their correlations with different microeconomic environments and drivers.

Spin Master Predictive Forecast Models

Spin Master's time-series forecasting models is one of many Spin Master'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 Spin Master'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 Spin Master Corp

Checking the ongoing alerts about Spin Master for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spin Master Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Other Information on Investing in Spin Stock

Spin Master financial ratios help investors to determine whether Spin Stock 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 Spin with respect to the benefits of owning Spin Master security.