Sotera Health Co Stock Probability of Future Stock Price Finishing Under 6.90
| SHC Stock | USD 13.55 0.22 1.65% |
Sotera |
Sotera Health Target Price Odds to finish below 6.90
The tendency of Sotera 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 $ 6.90 or more in 90 days |
| 13.55 | 90 days | 6.90 | near 1 |
Based on a normal probability distribution, the odds of Sotera Health to drop to $ 6.90 or more in 90 days from now is near 1 (This Sotera Health Co probability density function shows the probability of Sotera Stock to fall within a particular range of prices over 90 days) . Probability of Sotera Health price to stay between $ 6.90 and its current price of $13.55 at the end of the 90-day period is about 17.89 .
Considering the 90-day investment horizon Sotera Health Co has a beta of -0.5. This usually implies as returns on the benchmark increase, returns on holding Sotera Health are expected to decrease at a much lower rate. During a bear market, however, Sotera Health Co is likely to outperform the market. Additionally Sotera Health Co 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. Sotera Health Price Density |
| Price |
Predictive Modules for Sotera Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sotera Health. 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.Sotera Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sotera Health is not an exception. The market had few large corrections towards the Sotera Health'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 Sotera Health Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sotera Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | -0.18 |
Sotera Health 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 Sotera Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sotera Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sotera Health generated a negative expected return over the last 90 days | |
| Sotera Health Co has about 140.21 M in cash with (147.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Firstlight Management Calls on the Board of Directors of Sotera Health Company to Launch Sale Process for Nelson Labs |
Sotera Health 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 Sotera Stock often depends not only on the future outlook of the current and potential Sotera Health'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. Sotera Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 283.2 M | |
| Cash And Short Term Investments | 301.7 M |
Sotera Health Technical Analysis
Sotera Health's future price can be derived by breaking down and analyzing its technical indicators over time. Sotera Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sotera Health Co. In general, you should focus on analyzing Sotera Stock price patterns and their correlations with different microeconomic environments and drivers.
Sotera Health Predictive Forecast Models
Sotera Health's time-series forecasting models is one of many Sotera Health'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 Sotera Health'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 Sotera Health
Checking the ongoing alerts about Sotera Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sotera Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sotera Health generated a negative expected return over the last 90 days | |
| Sotera Health Co has about 140.21 M in cash with (147.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Firstlight Management Calls on the Board of Directors of Sotera Health Company to Launch Sale Process for Nelson Labs |
Check out Sotera Health Backtesting, Sotera Health Valuation, Sotera Health Correlation, Sotera Health Hype Analysis, Sotera Health Volatility, Sotera Health History as well as Sotera Health Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Life Sciences Tools & Services 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 Sotera Health. If investors know Sotera 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 Sotera Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Earnings Share 0.25 | Revenue Per Share 3.969 | Quarterly Revenue Growth 0.085 | Return On Assets 0.0768 |
The market value of Sotera Health is measured differently than its book value, which is the value of Sotera that is recorded on the company's balance sheet. Investors also form their own opinion of Sotera Health's value that differs from its market value or its book value, called intrinsic value, which is Sotera Health'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 Sotera Health's market value can be influenced by many factors that don't directly affect Sotera Health'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 Sotera Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sotera Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sotera Health'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.