Star Combo (Australia) Probability of Future Stock Price Finishing Over 0.12
| S66 Stock | 0.13 0.02 13.33% |
Star |
Star Combo Target Price Odds to finish over 0.12
The tendency of Star 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 stay above 0.12 in 90 days |
| 0.13 | 90 days | 0.12 | under 95 |
Based on a normal probability distribution, the odds of Star Combo to stay above 0.12 in 90 days from now is under 95 (This Star Combo Pharma probability density function shows the probability of Star Stock to fall within a particular range of prices over 90 days) . Probability of Star Combo Pharma price to stay between 0.12 and its current price of 0.13 at the end of the 90-day period is about 15.7 .
Assuming the 90 days trading horizon Star Combo Pharma has a beta of -0.36. This usually implies as returns on the benchmark increase, returns on holding Star Combo are expected to decrease at a much lower rate. During a bear market, however, Star Combo Pharma is likely to outperform the market. Additionally Star Combo Pharma has an alpha of 0.117, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Star Combo Price Density |
| Price |
Predictive Modules for Star Combo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Star Combo Pharma. 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.Star Combo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Star Combo is not an exception. The market had few large corrections towards the Star Combo'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 Star Combo Pharma, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Star Combo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Star Combo 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 Star Combo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Star Combo Pharma can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Star Combo Pharma had very high historical volatility over the last 90 days | |
| Star Combo Pharma has some characteristics of a very speculative penny stock | |
| Star Combo Pharma is unlikely to experience financial distress in the next 2 years | |
| Star Combo Pharma has accumulated about 6.5 M in cash with (316.45 K) of positive cash flow from operations. | |
| Roughly 94.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Payoneer Emerging Star Currently Drowning In Cash - Seeking Alpha |
Star Combo 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 Star Stock often depends not only on the future outlook of the current and potential Star Combo'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. Star Combo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.1 M | |
| Cash And Short Term Investments | 7.4 M |
Star Combo Technical Analysis
Star Combo's future price can be derived by breaking down and analyzing its technical indicators over time. Star Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Star Combo Pharma. In general, you should focus on analyzing Star Stock price patterns and their correlations with different microeconomic environments and drivers.
Star Combo Predictive Forecast Models
Star Combo's time-series forecasting models is one of many Star Combo'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 Star Combo'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 Star Combo Pharma
Checking the ongoing alerts about Star Combo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Star Combo Pharma help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Star Combo Pharma had very high historical volatility over the last 90 days | |
| Star Combo Pharma has some characteristics of a very speculative penny stock | |
| Star Combo Pharma is unlikely to experience financial distress in the next 2 years | |
| Star Combo Pharma has accumulated about 6.5 M in cash with (316.45 K) of positive cash flow from operations. | |
| Roughly 94.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Payoneer Emerging Star Currently Drowning In Cash - Seeking Alpha |
Additional Tools for Star Stock Analysis
When running Star Combo's price analysis, check to measure Star Combo'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 Star Combo is operating at the current time. Most of Star Combo's value examination focuses on studying past and present price action to predict the probability of Star Combo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Combo's price. Additionally, you may evaluate how the addition of Star Combo to your portfolios can decrease your overall portfolio volatility.