Sweetgreen Stock Probability of Future Stock Price Finishing Under 5.25
| SG Stock | USD 32.37 0.99 2.97% |
Sweetgreen |
Sweetgreen Target Price Odds to finish below 5.25
The tendency of Sweetgreen 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 $ 5.25 or more in 90 days |
| 32.37 | 90 days | 5.25 | near 1 |
Based on a normal probability distribution, the odds of Sweetgreen to drop to $ 5.25 or more in 90 days from now is near 1 (This Sweetgreen probability density function shows the probability of Sweetgreen Stock to fall within a particular range of prices over 90 days) . Probability of Sweetgreen price to stay between $ 5.25 and its current price of $32.37 at the end of the 90-day period is under 4.
Allowing for the 90-day total investment horizon Sweetgreen has a beta of 0.54. This usually implies as returns on the market go up, Sweetgreen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sweetgreen will be expected to be much smaller as well. Additionally Sweetgreen has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sweetgreen Price Density |
| Price |
Predictive Modules for Sweetgreen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sweetgreen. 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.Sweetgreen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sweetgreen is not an exception. The market had few large corrections towards the Sweetgreen'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 Sweetgreen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sweetgreen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 2.80 | |
Ir | Information ratio | -0.02 |
Sweetgreen 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 Sweetgreen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sweetgreen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sweetgreen generated a negative expected return over the last 90 days | |
| Sweetgreen has high historical volatility and very poor performance | |
| The company generated the yearly revenue of 584.04 M. Annual Net Loss to common stockholders was (113.38 M) with gross profit of 71.99 M. | |
| Sweetgreen has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 12606 shares by Jonathan Neman of Sweetgreen at 7.77 subject to Rule 16b-3 |
Sweetgreen 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 Sweetgreen Stock often depends not only on the future outlook of the current and potential Sweetgreen'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. Sweetgreen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.9 M | |
| Cash And Short Term Investments | 257.2 M |
Sweetgreen Technical Analysis
Sweetgreen's future price can be derived by breaking down and analyzing its technical indicators over time. Sweetgreen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sweetgreen. In general, you should focus on analyzing Sweetgreen Stock price patterns and their correlations with different microeconomic environments and drivers.
Sweetgreen Predictive Forecast Models
Sweetgreen's time-series forecasting models is one of many Sweetgreen'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 Sweetgreen'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 Sweetgreen
Checking the ongoing alerts about Sweetgreen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sweetgreen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sweetgreen generated a negative expected return over the last 90 days | |
| Sweetgreen has high historical volatility and very poor performance | |
| The company generated the yearly revenue of 584.04 M. Annual Net Loss to common stockholders was (113.38 M) with gross profit of 71.99 M. | |
| Sweetgreen has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 12606 shares by Jonathan Neman of Sweetgreen at 7.77 subject to Rule 16b-3 |
Check out Sweetgreen Backtesting, Sweetgreen Valuation, Sweetgreen Correlation, Sweetgreen Hype Analysis, Sweetgreen Volatility, Sweetgreen History as well as Sweetgreen Performance. For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sweetgreen. If investors know Sweetgreen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.78) | Revenue Per Share 5.896 | Quarterly Revenue Growth 0.13 | Return On Assets (0.06) | Return On Equity (0.18) |
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.