Steel Partners Holdings Stock Probability of Future Stock Price Finishing Under 33.48
| SPLP Stock | USD 42.44 0.27 0.64% |
Steel |
Steel Partners Target Price Odds to finish below 33.48
The tendency of Steel 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 $ 33.48 or more in 90 days |
| 42.44 | 90 days | 33.48 | near 1 |
Based on a normal probability distribution, the odds of Steel Partners to drop to $ 33.48 or more in 90 days from now is near 1 (This Steel Partners Holdings probability density function shows the probability of Steel Stock to fall within a particular range of prices over 90 days) . Probability of Steel Partners Holdings price to stay between $ 33.48 and its current price of $42.44 at the end of the 90-day period is about 82.94 .
Given the investment horizon of 90 days Steel Partners Holdings has a beta of -0.74. This usually implies as returns on the benchmark increase, returns on holding Steel Partners are expected to decrease at a much lower rate. During a bear market, however, Steel Partners Holdings is likely to outperform the market. Additionally Steel Partners Holdings has an alpha of 0.099, implying that it can generate a 0.099 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Steel Partners Price Density |
| Price |
Predictive Modules for Steel Partners
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Steel Partners Holdings. 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.Steel Partners Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Steel Partners is not an exception. The market had few large corrections towards the Steel Partners' 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 Steel Partners Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Steel Partners within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | -0.74 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | 0.01 |
Steel Partners 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 Steel Partners for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Steel Partners Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Steel Partners had very high historical volatility over the last 90 days | |
| About 49.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Short Interest in Nippon Steel Co. Declines By 84.8 |
Steel Partners 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 Steel Stock often depends not only on the future outlook of the current and potential Steel Partners' 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. Steel Partners' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.4 M | |
| Cash And Short Term Investments | 577.9 M |
Steel Partners Technical Analysis
Steel Partners' future price can be derived by breaking down and analyzing its technical indicators over time. Steel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Steel Partners Holdings. In general, you should focus on analyzing Steel Stock price patterns and their correlations with different microeconomic environments and drivers.
Steel Partners Predictive Forecast Models
Steel Partners' time-series forecasting models is one of many Steel Partners' 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 Steel Partners' 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 Steel Partners Holdings
Checking the ongoing alerts about Steel Partners for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Steel Partners Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Steel Partners had very high historical volatility over the last 90 days | |
| About 49.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Short Interest in Nippon Steel Co. Declines By 84.8 |
Additional Tools for Steel Stock Analysis
When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.