Supply Network (Australia) Probability of Future Stock Price Finishing Under 30.88
| SNL Stock | 32.40 0.24 0.74% |
Supply |
Supply Network Target Price Odds to finish below 30.88
The tendency of Supply 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 30.88 or more in 90 days |
| 32.40 | 90 days | 30.88 | about 44.86 |
Based on a normal probability distribution, the odds of Supply Network to drop to 30.88 or more in 90 days from now is about 44.86 (This Supply Network probability density function shows the probability of Supply Stock to fall within a particular range of prices over 90 days) . Probability of Supply Network price to stay between 30.88 and its current price of 32.4 at the end of the 90-day period is about 41.58 .
Assuming the 90 days trading horizon Supply Network has a beta of -0.1. This usually implies as returns on the benchmark increase, returns on holding Supply Network are expected to decrease at a much lower rate. During a bear market, however, Supply Network is likely to outperform the market. Additionally Supply Network has an alpha of 0.1654, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Supply Network Price Density |
| Price |
Predictive Modules for Supply Network
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Supply Network. 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.Supply Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Supply Network is not an exception. The market had few large corrections towards the Supply Network'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 Supply Network, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Supply Network within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | 0.06 |
Supply Network 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 Supply Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Supply Network can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Supply Network is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company outstanding shares are owned by corporate insiders |
Supply Network 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 Supply Stock often depends not only on the future outlook of the current and potential Supply Network'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. Supply Network's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.2 M | |
| Cash And Short Term Investments | 5.8 M |
Supply Network Technical Analysis
Supply Network's future price can be derived by breaking down and analyzing its technical indicators over time. Supply Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Supply Network. In general, you should focus on analyzing Supply Stock price patterns and their correlations with different microeconomic environments and drivers.
Supply Network Predictive Forecast Models
Supply Network's time-series forecasting models is one of many Supply Network'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 Supply Network'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 Supply Network
Checking the ongoing alerts about Supply Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Supply Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Supply Network is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Supply Stock Analysis
When running Supply Network's price analysis, check to measure Supply Network'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 Supply Network is operating at the current time. Most of Supply Network's value examination focuses on studying past and present price action to predict the probability of Supply Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supply Network's price. Additionally, you may evaluate how the addition of Supply Network to your portfolios can decrease your overall portfolio volatility.