Smx Public Limited Stock Probability of Future Stock Price Finishing Under -0.0565
| SMX Stock | 0.39 0.04 11.43% |
SMX |
SMX Public Target Price Odds to finish below -0.0565
The tendency of SMX 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 drop to (0.06) or more in 90 days |
| 0.39 | 90 days | (0.06) | about 11.8 |
Based on a normal probability distribution, the odds of SMX Public to drop to (0.06) or more in 90 days from now is about 11.8 (This SMX Public Limited probability density function shows the probability of SMX Stock to fall within a particular range of prices over 90 days) . Probability of SMX Public Limited price to stay between (0.06) and its current price of 0.39 at the end of the 90-day period is about 7.23 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.56 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SMX Public will likely underperform. Additionally SMX Public Limited 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. SMX Public Price Density |
| Price |
Predictive Modules for SMX Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SMX Public Limited. 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.SMX Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SMX Public is not an exception. The market had few large corrections towards the SMX Public'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 SMX Public Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SMX Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.88 | |
β | Beta against Dow Jones | 3.56 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | -0.02 |
SMX Public 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 SMX Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SMX Public Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SMX Public Limited generated a negative expected return over the last 90 days | |
| SMX Public Limited has high historical volatility and very poor performance | |
| SMX Public Limited has some characteristics of a very speculative penny stock | |
| SMX Public Limited has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (20.91 M) with profit before taxes, overhead, and interest of 0. | |
| SMX Public generates negative cash flow from operations | |
| SMX Public Limited has a frail financial position based on the latest SEC disclosures | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Combining Assets, SMX and YBYR Capital Adds the Once-Missing Link to Brazils Manufacturing Evolution Chain |
SMX Public 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 SMX Stock often depends not only on the future outlook of the current and potential SMX Public'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. SMX Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.8 K | |
| Cash And Short Term Investments | 168 K |
SMX Public Technical Analysis
SMX Public's future price can be derived by breaking down and analyzing its technical indicators over time. SMX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SMX Public Limited. In general, you should focus on analyzing SMX Stock price patterns and their correlations with different microeconomic environments and drivers.
SMX Public Predictive Forecast Models
SMX Public's time-series forecasting models is one of many SMX Public'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 SMX Public'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 SMX Public Limited
Checking the ongoing alerts about SMX Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SMX Public Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SMX Public Limited generated a negative expected return over the last 90 days | |
| SMX Public Limited has high historical volatility and very poor performance | |
| SMX Public Limited has some characteristics of a very speculative penny stock | |
| SMX Public Limited has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (20.91 M) with profit before taxes, overhead, and interest of 0. | |
| SMX Public generates negative cash flow from operations | |
| SMX Public Limited has a frail financial position based on the latest SEC disclosures | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Combining Assets, SMX and YBYR Capital Adds the Once-Missing Link to Brazils Manufacturing Evolution Chain |
Additional Tools for SMX Stock Analysis
When running SMX Public's price analysis, check to measure SMX Public'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 SMX Public is operating at the current time. Most of SMX Public's value examination focuses on studying past and present price action to predict the probability of SMX Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMX Public's price. Additionally, you may evaluate how the addition of SMX Public to your portfolios can decrease your overall portfolio volatility.