Singular Health (Australia) Probability of Future Stock Price Finishing Over 0.098
| SHG Stock | 0.23 0.01 4.55% |
Singular |
Singular Health Target Price Odds to finish over 0.098
The tendency of Singular 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 stay above 0.1 in 90 days |
| 0.23 | 90 days | 0.1 | close to 99 |
Based on a normal probability distribution, the odds of Singular Health to stay above 0.1 in 90 days from now is close to 99 (This Singular Health Group probability density function shows the probability of Singular Stock to fall within a particular range of prices over 90 days) . Probability of Singular Health Group price to stay between 0.1 and its current price of 0.23 at the end of the 90-day period is about 49.98 .
Assuming the 90 days trading horizon Singular Health Group has a beta of -0.84. This usually implies as returns on the benchmark increase, returns on holding Singular Health are expected to decrease at a much lower rate. During a bear market, however, Singular Health Group is likely to outperform the market. Additionally Singular Health Group has an alpha of 0.9233, implying that it can generate a 0.92 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Singular Health Price Density |
| Price |
Predictive Modules for Singular 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 Singular Health Group. 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.Singular Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Singular Health is not an exception. The market had few large corrections towards the Singular 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 Singular Health Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Singular Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.92 | |
β | Beta against Dow Jones | -0.84 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.15 |
Singular 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 Singular Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Singular Health Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Singular Health is way too risky over 90 days horizon | |
| Singular Health has some characteristics of a very speculative penny stock | |
| Singular Health appears to be risky and price may revert if volatility continues | |
| Singular Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 90.83 K. Net Loss for the year was (2.88 M) with profit before overhead, payroll, taxes, and interest of 318.96 K. | |
| Singular Health generates negative cash flow from operations | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
Singular 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 Singular Stock often depends not only on the future outlook of the current and potential Singular 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. Singular Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160.1 M | |
| Cash And Short Term Investments | 1.5 M | |
| Shares Float | 146.1 M |
Singular Health Technical Analysis
Singular Health's future price can be derived by breaking down and analyzing its technical indicators over time. Singular Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Singular Health Group. In general, you should focus on analyzing Singular Stock price patterns and their correlations with different microeconomic environments and drivers.
Singular Health Predictive Forecast Models
Singular Health's time-series forecasting models is one of many Singular 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 Singular 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 Singular Health Group
Checking the ongoing alerts about Singular Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Singular Health Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Singular Health is way too risky over 90 days horizon | |
| Singular Health has some characteristics of a very speculative penny stock | |
| Singular Health appears to be risky and price may revert if volatility continues | |
| Singular Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 90.83 K. Net Loss for the year was (2.88 M) with profit before overhead, payroll, taxes, and interest of 318.96 K. | |
| Singular Health generates negative cash flow from operations | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Singular Stock Analysis
When running Singular Health's price analysis, check to measure Singular Health's 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 Singular Health is operating at the current time. Most of Singular Health's value examination focuses on studying past and present price action to predict the probability of Singular Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singular Health's price. Additionally, you may evaluate how the addition of Singular Health to your portfolios can decrease your overall portfolio volatility.