SP Plus Corp Odds of Future Stock Price Finishing Under 39.21
| SPDelisted Stock | USD 39.21 0.27 0.68% |
SP Plus |
SP Plus Target Price Odds to finish below 39.21
The tendency of SP Plus 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 move below current price in 90 days |
| 39.21 | 90 days | 39.21 | about 82.15 |
Based on a normal probability distribution, the odds of SP Plus to move below current price in 90 days from now is about 82.15 (This SP Plus Corp probability density function shows the probability of SP Plus Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon SP Plus Corp has a beta of -0.46. This usually implies as returns on the benchmark increase, returns on holding SP Plus are expected to decrease at a much lower rate. During a bear market, however, SP Plus Corp is likely to outperform the market. Additionally SP Plus Corp has an alpha of 0.2665, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SP Plus Price Density |
| Price |
Predictive Modules for SP Plus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SP Plus 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.SP Plus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SP Plus is not an exception. The market had few large corrections towards the SP Plus' 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 SP Plus Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SP Plus within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.46 | |
σ | Overall volatility | 2.18 | |
Ir | Information ratio | 0.06 |
SP Plus 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 SP Plus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SP Plus 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.| SP Plus Corp is not yet fully synchronised with the market data | |
| SP Plus Corp has a very high chance of going through financial distress in the upcoming years | |
| SP Plus Corp reports 566.3 M of total liabilities with total debt to equity ratio (D/E) of 2.21, which may imply that the company relies heavily on debt financing. SP Plus Corp has a current ratio of 0.6, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for SP Plus to invest in growth at high rates of return. | |
| Over 98.0% of SP Plus shares are owned by institutional investors |
SP Plus 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 SP Plus Stock often depends not only on the future outlook of the current and potential SP Plus' 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. SP Plus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.8 M | |
| Cash And Short Term Investments | 19.1 M |
SP Plus Technical Analysis
SP Plus' future price can be derived by breaking down and analyzing its technical indicators over time. SP Plus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SP Plus Corp. In general, you should focus on analyzing SP Plus Stock price patterns and their correlations with different microeconomic environments and drivers.
SP Plus Predictive Forecast Models
SP Plus' time-series forecasting models is one of many SP Plus' 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 SP Plus' 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 SP Plus Corp
Checking the ongoing alerts about SP Plus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SP Plus Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SP Plus Corp is not yet fully synchronised with the market data | |
| SP Plus Corp has a very high chance of going through financial distress in the upcoming years | |
| SP Plus Corp reports 566.3 M of total liabilities with total debt to equity ratio (D/E) of 2.21, which may imply that the company relies heavily on debt financing. SP Plus Corp has a current ratio of 0.6, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for SP Plus to invest in growth at high rates of return. | |
| Over 98.0% of SP Plus shares are owned by institutional investors |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in SP Plus Stock
If you are still planning to invest in SP Plus Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SP Plus' history and understand the potential risks before investing.
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