SPECTRAL MEDICAL (Germany) Probability of Future Stock Price Finishing Over 0.37
| SD4 Stock | EUR 0.36 0.01 2.70% |
SPECTRAL |
SPECTRAL MEDICAL Target Price Odds to finish over 0.37
The tendency of SPECTRAL 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 over € 0.37 or more in 90 days |
| 0.36 | 90 days | 0.37 | about 36.24 |
Based on a normal probability distribution, the odds of SPECTRAL MEDICAL to move over € 0.37 or more in 90 days from now is about 36.24 (This SPECTRAL MEDICAL probability density function shows the probability of SPECTRAL Stock to fall within a particular range of prices over 90 days) . Probability of SPECTRAL MEDICAL price to stay between its current price of € 0.36 and € 0.37 at the end of the 90-day period is about 13.76 .
Assuming the 90 days horizon SPECTRAL MEDICAL has a beta of 0.15. This usually implies as returns on the market go up, SPECTRAL MEDICAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPECTRAL MEDICAL will be expected to be much smaller as well. Additionally SPECTRAL MEDICAL has an alpha of 0.0316, implying that it can generate a 0.0316 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SPECTRAL MEDICAL Price Density |
| Price |
Predictive Modules for SPECTRAL MEDICAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPECTRAL MEDICAL. 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.SPECTRAL MEDICAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPECTRAL MEDICAL is not an exception. The market had few large corrections towards the SPECTRAL MEDICAL'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 SPECTRAL MEDICAL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPECTRAL MEDICAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.01 |
SPECTRAL MEDICAL 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 SPECTRAL MEDICAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPECTRAL MEDICAL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SPECTRAL MEDICAL generated a negative expected return over the last 90 days | |
| SPECTRAL MEDICAL has some characteristics of a very speculative penny stock | |
| SPECTRAL MEDICAL has high historical volatility and very poor performance | |
| SPECTRAL MEDICAL has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.66 M. Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 1.22 M. | |
| SPECTRAL MEDICAL has accumulated about 3.43 M in cash with (2.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
SPECTRAL MEDICAL Technical Analysis
SPECTRAL MEDICAL's future price can be derived by breaking down and analyzing its technical indicators over time. SPECTRAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPECTRAL MEDICAL. In general, you should focus on analyzing SPECTRAL Stock price patterns and their correlations with different microeconomic environments and drivers.
SPECTRAL MEDICAL Predictive Forecast Models
SPECTRAL MEDICAL's time-series forecasting models is one of many SPECTRAL MEDICAL'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 SPECTRAL MEDICAL'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 SPECTRAL MEDICAL
Checking the ongoing alerts about SPECTRAL MEDICAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPECTRAL MEDICAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SPECTRAL MEDICAL generated a negative expected return over the last 90 days | |
| SPECTRAL MEDICAL has some characteristics of a very speculative penny stock | |
| SPECTRAL MEDICAL has high historical volatility and very poor performance | |
| SPECTRAL MEDICAL has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.66 M. Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 1.22 M. | |
| SPECTRAL MEDICAL has accumulated about 3.43 M in cash with (2.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SPECTRAL Stock
SPECTRAL MEDICAL financial ratios help investors to determine whether SPECTRAL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPECTRAL with respect to the benefits of owning SPECTRAL MEDICAL security.