Sba Communications Corp Stock Probability of Future Stock Price Finishing Under 248.9
| SBAC Stock | USD 217.38 5.88 2.63% |
Closest to current price SBA long CALL Option Payoff at Expiration
SBA |
SBA Communications Target Price Odds to finish below 248.9
The tendency of SBA 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 $ 248.90 after 90 days |
| 217.38 | 90 days | 248.90 | roughly 96.0 |
Based on a normal probability distribution, the odds of SBA Communications to stay under $ 248.90 after 90 days from now is roughly 96.0 (This SBA Communications Corp probability density function shows the probability of SBA Stock to fall within a particular range of prices over 90 days) . Probability of SBA Communications Corp price to stay between its current price of $ 217.38 and $ 248.90 at the end of the 90-day period is about 90.07 .
Given the investment horizon of 90 days SBA Communications Corp has a beta of -0.5. This usually implies as returns on the benchmark increase, returns on holding SBA Communications are expected to decrease at a much lower rate. During a bear market, however, SBA Communications Corp is likely to outperform the market. Additionally SBA Communications 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. SBA Communications Price Density |
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Predictive Modules for SBA Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SBA Communications 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.SBA Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SBA Communications is not an exception. The market had few large corrections towards the SBA Communications' 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 SBA Communications Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SBA Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 9.51 | |
Ir | Information ratio | -0.19 |
SBA Communications 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 SBA Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SBA Communications 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.| SBA Communications generated a negative expected return over the last 90 days | |
| SBA Communications Corp currently holds 14.46 B in liabilities with Debt to Equity (D/E) ratio of 16.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SBA Communications Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SBA Communications' use of debt, we should always consider it together with its cash and equity. | |
| Over 99.0% of SBA Communications shares are owned by institutional investors | |
| Latest headline from news.google.com: Duff Phelps Investment Management Co. Grows Stock Position in SBA Communications Co. - MarketBeat |
SBA Communications 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 SBA Stock often depends not only on the future outlook of the current and potential SBA Communications' 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. SBA Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 108.9 M | |
| Cash And Short Term Investments | 208.5 M |
SBA Communications Technical Analysis
SBA Communications' future price can be derived by breaking down and analyzing its technical indicators over time. SBA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SBA Communications Corp. In general, you should focus on analyzing SBA Stock price patterns and their correlations with different microeconomic environments and drivers.
SBA Communications Predictive Forecast Models
SBA Communications' time-series forecasting models is one of many SBA Communications' 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 SBA Communications' 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 SBA Communications Corp
Checking the ongoing alerts about SBA Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SBA Communications Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SBA Communications generated a negative expected return over the last 90 days | |
| SBA Communications Corp currently holds 14.46 B in liabilities with Debt to Equity (D/E) ratio of 16.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SBA Communications Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SBA Communications' use of debt, we should always consider it together with its cash and equity. | |
| Over 99.0% of SBA Communications shares are owned by institutional investors | |
| Latest headline from news.google.com: Duff Phelps Investment Management Co. Grows Stock Position in SBA Communications Co. - MarketBeat |
Check out SBA Communications Backtesting, SBA Communications Valuation, SBA Communications Correlation, SBA Communications Hype Analysis, SBA Communications Volatility, SBA Communications History as well as SBA Communications Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Telecom Tower REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2 | Dividend Share 3.79 | Earnings Share 6.35 | Revenue Per Share 24.696 | Quarterly Revenue Growth (0.02) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.