Sportsmans Warehouse (Germany) Probability of Future Stock Price Finishing Over 6.83
| 06S Stock | EUR 2.16 0.18 9.09% |
Sportsmans |
Sportsmans Warehouse Target Price Odds to finish over 6.83
The tendency of Sportsmans 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 € 6.83 or more in 90 days |
| 2.16 | 90 days | 6.83 | close to zero percent |
Based on a normal probability distribution, the odds of Sportsmans Warehouse to move over € 6.83 or more in 90 days from now is close to zero percent (This Sportsmans Warehouse Holdings probability density function shows the probability of Sportsmans Stock to fall within a particular range of prices over 90 days) . Probability of Sportsmans Warehouse price to stay between its current price of € 2.16 and € 6.83 at the end of the 90-day period is about 75.17 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.12 . This suggests Sportsmans Warehouse Holdings market returns are reactive to returns on the market. As the market goes up or down, Sportsmans Warehouse is expected to follow. Additionally Sportsmans Warehouse Holdings 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. Sportsmans Warehouse Price Density |
| Price |
Predictive Modules for Sportsmans Warehouse
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sportsmans Warehouse. 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.Sportsmans Warehouse Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sportsmans Warehouse is not an exception. The market had few large corrections towards the Sportsmans Warehouse'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 Sportsmans Warehouse Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sportsmans Warehouse within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.0022 |
Sportsmans Warehouse 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 Sportsmans Warehouse for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sportsmans Warehouse can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sportsmans Warehouse generated a negative expected return over the last 90 days | |
| Sportsmans Warehouse has high historical volatility and very poor performance | |
| Sportsmans Warehouse has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sportsmans Warehouse Holdings has accumulated about 1.72 M in cash with (21.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Over 98.0% of the company shares are owned by institutions such as pension funds |
Sportsmans Warehouse 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 Sportsmans Stock often depends not only on the future outlook of the current and potential Sportsmans Warehouse'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. Sportsmans Warehouse's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.9 M |
Sportsmans Warehouse Technical Analysis
Sportsmans Warehouse's future price can be derived by breaking down and analyzing its technical indicators over time. Sportsmans Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sportsmans Warehouse Holdings. In general, you should focus on analyzing Sportsmans Stock price patterns and their correlations with different microeconomic environments and drivers.
Sportsmans Warehouse Predictive Forecast Models
Sportsmans Warehouse's time-series forecasting models is one of many Sportsmans Warehouse'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 Sportsmans Warehouse'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 Sportsmans Warehouse
Checking the ongoing alerts about Sportsmans Warehouse for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sportsmans Warehouse help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sportsmans Warehouse generated a negative expected return over the last 90 days | |
| Sportsmans Warehouse has high historical volatility and very poor performance | |
| Sportsmans Warehouse has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sportsmans Warehouse Holdings has accumulated about 1.72 M in cash with (21.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Over 98.0% of the company shares are owned by institutions such as pension funds |
Other Information on Investing in Sportsmans Stock
Sportsmans Warehouse financial ratios help investors to determine whether Sportsmans 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 Sportsmans with respect to the benefits of owning Sportsmans Warehouse security.