Southern Cross (Australia) Probability of Future Stock Price Finishing Under 2.84

SXG Stock   3.12  0.03  0.97%   
Southern Cross' future price is the expected price of Southern Cross instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Southern Cross Gold performance during a given time horizon utilizing its historical volatility. Check out Southern Cross Backtesting, Southern Cross Valuation, Southern Cross Correlation, Southern Cross Hype Analysis, Southern Cross Volatility, Southern Cross History as well as Southern Cross Performance.
  
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Southern Cross Target Price Odds to finish below 2.84

The tendency of Southern 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 PriceHorizonTarget PriceOdds to drop to  2.84  or more in 90 days
 3.12 90 days 2.84 
about 13.57
Based on a normal probability distribution, the odds of Southern Cross to drop to  2.84  or more in 90 days from now is about 13.57 (This Southern Cross Gold probability density function shows the probability of Southern Stock to fall within a particular range of prices over 90 days) . Probability of Southern Cross Gold price to stay between  2.84  and its current price of 3.12 at the end of the 90-day period is about 45.73 .
Assuming the 90 days trading horizon Southern Cross has a beta of 0.24. This usually implies as returns on the market go up, Southern Cross average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Southern Cross Gold will be expected to be much smaller as well. Additionally Southern Cross Gold has an alpha of 0.3342, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Southern Cross Price Density   
       Price  

Predictive Modules for Southern Cross

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Southern Cross Gold. 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.
Hype
Prediction
LowEstimatedHigh
0.153.087.78
Details
Intrinsic
Valuation
LowRealHigh
0.132.577.27
Details
Naive
Forecast
LowNextHigh
0.073.318.02
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0047-0.0035-0.0022
Details

Southern Cross Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Southern Cross is not an exception. The market had few large corrections towards the Southern Cross' 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 Southern Cross Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Southern Cross within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.33
β
Beta against Dow Jones0.24
σ
Overall volatility
0.21
Ir
Information ratio 0.05

Southern Cross 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 Southern Cross for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Southern Cross Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Southern Cross Gold had very high historical volatility over the last 90 days
Southern Cross Gold has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 359. Net Loss for the year was (7.96 K) with profit before overhead, payroll, taxes, and interest of 164.
Southern Cross generates negative cash flow from operations
About 57.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Why are WiseTech Global shares crashing almost 20 percent today - MSN

Southern Cross 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 Southern Stock often depends not only on the future outlook of the current and potential Southern Cross' 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. Southern Cross' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding185.3 M
Cash And Short Term Investments13.4 M

Southern Cross Technical Analysis

Southern Cross' future price can be derived by breaking down and analyzing its technical indicators over time. Southern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Southern Cross Gold. In general, you should focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environments and drivers.

Southern Cross Predictive Forecast Models

Southern Cross' time-series forecasting models is one of many Southern Cross' 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 Southern Cross' 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 Southern Cross Gold

Checking the ongoing alerts about Southern Cross for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Southern Cross Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Southern Cross Gold had very high historical volatility over the last 90 days
Southern Cross Gold has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 359. Net Loss for the year was (7.96 K) with profit before overhead, payroll, taxes, and interest of 164.
Southern Cross generates negative cash flow from operations
About 57.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Why are WiseTech Global shares crashing almost 20 percent today - MSN

Additional Tools for Southern Stock Analysis

When running Southern Cross' price analysis, check to measure Southern Cross' 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 Southern Cross is operating at the current time. Most of Southern Cross' value examination focuses on studying past and present price action to predict the probability of Southern Cross' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Cross' price. Additionally, you may evaluate how the addition of Southern Cross to your portfolios can decrease your overall portfolio volatility.