Sage Potash Corp Stock Probability of Future Stock Price Finishing Under 0.23
| SAGE Stock | 0.20 0.01 4.76% |
Sage |
Sage Potash Target Price Odds to finish below 0.23
The tendency of Sage 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 0.23 after 90 days |
| 0.20 | 90 days | 0.23 | about 88.92 |
Based on a normal probability distribution, the odds of Sage Potash to stay under 0.23 after 90 days from now is about 88.92 (This Sage Potash Corp probability density function shows the probability of Sage Stock to fall within a particular range of prices over 90 days) . Probability of Sage Potash Corp price to stay between its current price of 0.20 and 0.23 at the end of the 90-day period is about 62.03 .
Assuming the 90 days trading horizon Sage Potash Corp has a beta of -0.23. This usually implies as returns on the benchmark increase, returns on holding Sage Potash are expected to decrease at a much lower rate. During a bear market, however, Sage Potash Corp is likely to outperform the market. Additionally Sage Potash Corp has an alpha of 0.0255, implying that it can generate a 0.0255 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sage Potash Price Density |
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Predictive Modules for Sage Potash
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sage Potash 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sage Potash'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.
Sage Potash Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sage Potash is not an exception. The market had few large corrections towards the Sage Potash'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 Sage Potash Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sage Potash within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.02 |
Sage Potash 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 Sage Potash for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sage Potash 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.| Sage Potash Corp generated a negative expected return over the last 90 days | |
| Sage Potash Corp has high historical volatility and very poor performance | |
| Sage Potash Corp has some characteristics of a very speculative penny stock | |
| Sage Potash Corp has high likelihood to experience some financial distress in the next 2 years |
Sage Potash Technical Analysis
Sage Potash's future price can be derived by breaking down and analyzing its technical indicators over time. Sage Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sage Potash Corp. In general, you should focus on analyzing Sage Stock price patterns and their correlations with different microeconomic environments and drivers.
Sage Potash Predictive Forecast Models
Sage Potash's time-series forecasting models is one of many Sage Potash'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 Sage Potash'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 Sage Potash Corp
Checking the ongoing alerts about Sage Potash for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sage Potash Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sage Potash Corp generated a negative expected return over the last 90 days | |
| Sage Potash Corp has high historical volatility and very poor performance | |
| Sage Potash Corp has some characteristics of a very speculative penny stock | |
| Sage Potash Corp has high likelihood to experience some financial distress in the next 2 years |
Additional Tools for Sage Stock Analysis
When running Sage Potash's price analysis, check to measure Sage Potash's 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 Sage Potash is operating at the current time. Most of Sage Potash's value examination focuses on studying past and present price action to predict the probability of Sage Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sage Potash's price. Additionally, you may evaluate how the addition of Sage Potash to your portfolios can decrease your overall portfolio volatility.