Spin Master Corp Stock Probability of Future Stock Price Finishing Under 34.22
| TOY Stock | CAD 31.88 0.33 1.05% |
Spin |
Spin Master Target Price Odds to finish below 34.22
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 Price | Horizon | Target Price | Odds to stay under C$ 34.22 after 90 days |
| 31.88 | 90 days | 34.22 | close to 99 |
Based on a normal probability distribution, the odds of Spin Master to stay under C$ 34.22 after 90 days from now is close to 99 (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 its current price of C$ 31.88 and C$ 34.22 at the end of the 90-day period is about 28.14 .
Assuming the 90 days trading horizon Spin Master has a beta of 0.47. 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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.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 | -0.01 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.92 | |
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 Corp generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: There May Be Some Bright Spots In Spin Masters Earnings - Yahoo Finance |
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 Outstanding | 105.7 M | |
| Cash And Short Term Investments | 705.7 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.
| Spin Master Corp generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: There May Be Some Bright Spots In Spin Masters Earnings - Yahoo Finance |
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.