Shenandoah Telecommunications Co Stock Probability of Future Stock Price Finishing Under 8.92
| SHEN Stock | USD 12.42 0.02 0.16% |
Shenandoah |
Shenandoah Telecommunicatio Target Price Odds to finish below 8.92
The tendency of Shenandoah 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 $ 8.92 or more in 90 days |
| 12.42 | 90 days | 8.92 | near 1 |
Based on a normal probability distribution, the odds of Shenandoah Telecommunicatio to drop to $ 8.92 or more in 90 days from now is near 1 (This Shenandoah Telecommunications Co probability density function shows the probability of Shenandoah Stock to fall within a particular range of prices over 90 days) . Probability of Shenandoah Telecommunicatio price to stay between $ 8.92 and its current price of $12.42 at the end of the 90-day period is about 7.14 .
Given the investment horizon of 90 days Shenandoah Telecommunications Co has a beta of -0.5. This usually implies as returns on the benchmark increase, returns on holding Shenandoah Telecommunicatio are expected to decrease at a much lower rate. During a bear market, however, Shenandoah Telecommunications Co is likely to outperform the market. Additionally Shenandoah Telecommunications 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. Shenandoah Telecommunicatio Price Density |
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Predictive Modules for Shenandoah Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shenandoah Telecommunicatio. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shenandoah Telecommunicatio's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Shenandoah Telecommunicatio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shenandoah Telecommunicatio is not an exception. The market had few large corrections towards the Shenandoah Telecommunicatio'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 Shenandoah Telecommunications Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shenandoah Telecommunicatio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.05 |
Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shenandoah Telecommunicatio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shenandoah Telecommunicatio generated a negative expected return over the last 90 days | |
| Shenandoah Telecommunicatio has high historical volatility and very poor performance | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 2nd of December 2024 Shenandoah Telecommunicatio paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Revenues Not Telling The Story For Shenandoah Telecommunications Company |
Shenandoah Telecommunicatio 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 Shenandoah Stock often depends not only on the future outlook of the current and potential Shenandoah Telecommunicatio'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. Shenandoah Telecommunicatio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.7 M | |
| Cash And Short Term Investments | 139.3 M |
Shenandoah Telecommunicatio Technical Analysis
Shenandoah Telecommunicatio's future price can be derived by breaking down and analyzing its technical indicators over time. Shenandoah Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shenandoah Telecommunications Co. In general, you should focus on analyzing Shenandoah Stock price patterns and their correlations with different microeconomic environments and drivers.
Shenandoah Telecommunicatio Predictive Forecast Models
Shenandoah Telecommunicatio's time-series forecasting models is one of many Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio'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.