Surge Energy Stock Probability of Future Stock Price Finishing Under 2.95
| SGY Stock | CAD 5.25 0.09 1.69% |
Surge |
Surge Energy Target Price Odds to finish below 2.95
The tendency of Surge 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 C$ 2.95 or more in 90 days |
| 5.25 | 90 days | 2.95 | near 1 |
Based on a normal probability distribution, the odds of Surge Energy to drop to C$ 2.95 or more in 90 days from now is near 1 (This Surge Energy probability density function shows the probability of Surge Stock to fall within a particular range of prices over 90 days) . Probability of Surge Energy price to stay between C$ 2.95 and its current price of C$5.25 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Surge Energy has a beta of -0.33. This usually implies as returns on the benchmark increase, returns on holding Surge Energy are expected to decrease at a much lower rate. During a bear market, however, Surge Energy is likely to outperform the market. Additionally Surge Energy 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. Surge Energy Price Density |
| Price |
Predictive Modules for Surge Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surge Energy. 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.Surge Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Surge Energy is not an exception. The market had few large corrections towards the Surge Energy'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 Surge Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Surge Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.13 |
Surge Energy 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 Surge Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Surge Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Surge Energy generated a negative expected return over the last 90 days | |
| Surge Energy has accumulated 282.18 M in total debt with debt to equity ratio (D/E) of 0.51, which is about average as compared to similar companies. Surge Energy has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Surge Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Surge Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Surge Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Surge to invest in growth at high rates of return. When we think about Surge Energy's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Surge Energy Inc. Receives Consensus Rating of Buy from Analysts - MarketBeat |
Surge Energy 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 Surge Stock often depends not only on the future outlook of the current and potential Surge Energy'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. Surge Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101 M |
Surge Energy Technical Analysis
Surge Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Surge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Surge Energy. In general, you should focus on analyzing Surge Stock price patterns and their correlations with different microeconomic environments and drivers.
Surge Energy Predictive Forecast Models
Surge Energy's time-series forecasting models is one of many Surge Energy'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 Surge Energy'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 Surge Energy
Checking the ongoing alerts about Surge Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Surge Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Surge Energy generated a negative expected return over the last 90 days | |
| Surge Energy has accumulated 282.18 M in total debt with debt to equity ratio (D/E) of 0.51, which is about average as compared to similar companies. Surge Energy has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Surge Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Surge Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Surge Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Surge to invest in growth at high rates of return. When we think about Surge Energy's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Surge Energy Inc. Receives Consensus Rating of Buy from Analysts - MarketBeat |
Other Information on Investing in Surge Stock
Surge Energy financial ratios help investors to determine whether Surge 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 Surge with respect to the benefits of owning Surge Energy security.