Sligro Food Group Stock Probability of Future Pink Sheet Price Finishing Under 13.66
| SIGRF Stock | 12.00 0.00 0.00% |
Sligro |
Sligro Food Target Price Odds to finish below 13.66
The tendency of Sligro Pink Sheet 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 13.66 after 90 days |
| 12.00 | 90 days | 13.66 | about 74.54 |
Based on a normal probability distribution, the odds of Sligro Food to stay under 13.66 after 90 days from now is about 74.54 (This Sligro Food Group probability density function shows the probability of Sligro Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Sligro Food Group price to stay between its current price of 12.00 and 13.66 at the end of the 90-day period is about 72.95 .
Assuming the 90 days horizon Sligro Food has a beta of 0.33. This usually implies as returns on the market go up, Sligro Food average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sligro Food Group will be expected to be much smaller as well. Additionally Sligro Food Group 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. Sligro Food Price Density |
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Predictive Modules for Sligro Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sligro Food Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sligro Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sligro Food is not an exception. The market had few large corrections towards the Sligro Food'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 Sligro Food Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sligro Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.16 |
Sligro Food 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 Sligro Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sligro Food Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sligro Food Group generated a negative expected return over the last 90 days |
Sligro Food Technical Analysis
Sligro Food's future price can be derived by breaking down and analyzing its technical indicators over time. Sligro Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sligro Food Group. In general, you should focus on analyzing Sligro Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Sligro Food Predictive Forecast Models
Sligro Food's time-series forecasting models is one of many Sligro Food's pink sheet 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 Sligro Food'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Sligro Food Group
Checking the ongoing alerts about Sligro Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sligro Food Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sligro Food Group generated a negative expected return over the last 90 days |