Star Gas Partners Stock Odds of Future Stock Price Finishing Over 17.16
| SGU Stock | USD 11.78 0.03 0.26% |
Closest to current price Star long CALL Option Payoff at Expiration
Star |
Star Gas Target Price Odds to finish over 17.16
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 move over $ 17.16 or more in 90 days |
| 11.78 | 90 days | 17.16 | close to zero percent |
Based on a normal probability distribution, the odds of Star Gas to move over $ 17.16 or more in 90 days from now is close to zero percent (This Star Gas Partners probability density function shows the probability of Star Stock to fall within a particular range of prices over 90 days) . Probability of Star Gas Partners price to stay between its current price of $ 11.78 and $ 17.16 at the end of the 90-day period is about 48.15 .
Considering the 90-day investment horizon Star Gas has a beta of 0.51. This usually implies as returns on the market go up, Star Gas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Star Gas Partners will be expected to be much smaller as well. Additionally Star Gas Partners 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. Star Gas Price Density |
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Predictive Modules for Star Gas
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 Gas Partners. 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 Gas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Star Gas is not an exception. The market had few large corrections towards the Star Gas' 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 Gas Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Star Gas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | -0.04 |
Star Gas 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 Gas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Star Gas Partners 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 Gas Partners generated a negative expected return over the last 90 days | |
| Star Gas Partners has 304.56 M in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. Star Gas Partners has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Star to invest in growth at high rates of return. | |
| About 15.0% of Star Gas outstanding shares are owned by corporate insiders | |
| On 6th of November 2024 Star Gas paid $ 0.1725 per share dividend to its current shareholders | |
| Latest headline from insidermonkey.com: Star Group, L.P. Q4 2024 Earnings Call Transcript |
Star Gas 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 Gas' 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 Gas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.3 M | |
| Cash And Short Term Investments | 117.3 M |
Star Gas Technical Analysis
Star Gas' 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 Gas Partners. In general, you should focus on analyzing Star Stock price patterns and their correlations with different microeconomic environments and drivers.
Star Gas Predictive Forecast Models
Star Gas' time-series forecasting models is one of many Star Gas' 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 Gas' 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 Gas Partners
Checking the ongoing alerts about Star Gas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Star Gas Partners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Star Gas Partners generated a negative expected return over the last 90 days | |
| Star Gas Partners has 304.56 M in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. Star Gas Partners has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Star to invest in growth at high rates of return. | |
| About 15.0% of Star Gas outstanding shares are owned by corporate insiders | |
| On 6th of November 2024 Star Gas paid $ 0.1725 per share dividend to its current shareholders | |
| Latest headline from insidermonkey.com: Star Group, L.P. Q4 2024 Earnings Call Transcript |
Additional Tools for Star Stock Analysis
When running Star Gas' price analysis, check to measure Star Gas' 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 Gas is operating at the current time. Most of Star Gas' value examination focuses on studying past and present price action to predict the probability of Star Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Gas' price. Additionally, you may evaluate how the addition of Star Gas to your portfolios can decrease your overall portfolio volatility.